FINANCIAL POSITION

GLOBAL CONSOLIDATION
EX-INFRASTRUCTURES

Recourse debt

NET CASH 1,991 M€ *
INFRASTRUCTURES

Ring-fenced to infra projects

NET DEBT 4,532 M€
PARENT COMPANY

NTE, LBJ, NTE35W, Autema. Azores

OTHER

Projects from other globaly consolidated division

EQUITY CONSOLIDATION

43.23%Stake

25%Stake

50%Stake

50%Stake

50%Stake

*Includes Services net cash position (216 M€)