Parent Company (Tables)

12 Months Ended

Dec. 31, 2018

Statement of Financial Position of Constellium N.V. (parent company only).


*(in millions of Euros)*	At December 31, 2018			At December 31, 2017
Assets

Current assets
Cash and cash equivalents		—			—
Trade receivables and other		109			53
Other financial assets		38			28

		147			81

Non-current assets
Property, plant and equipment		—			—
Financial assets		2,106			2,143
Investments in subsidiaries		144			131
Deferred income tax assets		2			—

		2,252			2,274

Total Assets		2,399			2,355

Liabilities

Current liabilities
Trade payables and other		5			6
Income tax payable		21			—
Other financial liabilities		33			22

		59			28

Non-current liabilities
Borrowings		2,022			1,957

		2,022			1,957

Total Liabilities		2,081			1,985

Equity
Share capital		3			3
Share premium		429			429
Accumulated retained earnings		(239	)		(17	)
Other reserves		38			25
Net income/ (loss)		87			(70	)

Total Equity		318			370

Total Equity and Liabilities		2,399			2,355

Statement of Comprehensive income / (loss) of Constellium N.V. (parent company only).


*(in millions of Euros)*	Year ended December 31, 2018			Year ended December 31, 2017			Year ended December 31, 2016
Revenue		3			1			1

Gross profit		3			1			1

Selling and administrative expenses		(15	)		(5	)		(8	)

Employee benefit expenses		(3	)		(1	)		—

Loss from recurring operations		(15	)		(5	)		(7	)

Other income		—			—			—
Other expense		(3	)		—			—

Loss from operations		(18	)		(5	)		(7	)

Financial result—net		80			(65	)		1

Income / (loss) before income tax		62			(70	)		(6	)
Income tax		25			—			—

Net income / (loss)		87			(70	)		(6	)

Other comprehensive (loss) / income		—			—			—

Total comprehensive income / (loss)		87			(70	)		(6	)

Statement of Cash Flows of Constellium N.V. (parent company only).


*(in millions of Euros)*	Year ended December 31, 2018			Year ended December 31, 2017			Year ended December 31, 2016
Net income/ (loss)		87			(70	)		(6	)
Adjustments
Finance cost—net		(80	)		65			(1	)
Dividend received		—			—			—
Income tax		(25	)		—			—
Interest paid		(102	)		(148	)		(95	)
Interest received		134			149			103
Changes in working capital		—			—			—
Trade receivables and other		—			(1	)		—
Other financial liabilities		—			—			—
Trade payables and other		—			2			(1	)

Net cash flows from / (used in) operating activities		14			(3	)		—

Investments in subsidiaries		(1	)		(11	)		—
Current account with subsidiaries and related parties		(13	)		180			(186	)
Loans granted to subsidiary and related parties		—			(1,640	)		(375	)
Repayment of loans granted to subsidiary and related parties		—			823			181
Exit fees received from subsidiaries		—			9			—

Net cash flows used in investing activities		(14	)		(639	)		(380	)

Net proceeds received from issuance of shares		—			259			—
Proceeds from issuance of Senior Notes		—			1,440			375
Payment of deferred financing costs		—			(29	)		(12	)
Repayment of Senior Notes		—			(949	)		—
Payment of exit fees		—			(61	)		—
Realized foreign exchange gains / (losses)		—			(17	)		17
Other		—			(1	)		—

Net cash flows from financing activities		—			642			380

Net increase in cash and cash equivalents		—			—			—
Cash and cash equivalents—beginning of year		—			—			—
Effect of exchange rate changes on cash and cash equivalents		—			—			—

Cash and cash equivalents—end of year		—			—			—