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Consolidated Financial Report |

EXPLANATORY NOTES

2014 Annual Report

Prysmian Group

204

Finance lease obligations represent the liability arising as a result of entering into finance leases. Finance lease obligations are

reconciled with outstanding payments as follows:

31 December 2014

31 December 2013 (*)

Due within 1 year

2

3

Due between 1 and 5 years

7

7

Due after more than 5 years

12

11

Minimum finance lease payments

21

21

Future interest costs

(3)

(4)

Finance lease obligations

18

17

(*) The previously published prior year consolidated financial statements have been restated following the adoption of IFRS 10 and IFRS 11. Further details can

be found in Section C. Restatement of comparative figures.

Finance lease obligations are analysed by maturity as follows:

31 December 2014

31 December 2013 (*)

Due within 1 year

2

2

Due between 1 and 5 years

5

5

Due after more than 5 years

11

10

Total

18

17

(*) The previously published prior year consolidated financial statements have been restated following the adoption of IFRS 10 and IFRS 11. Further details can

be found in Section C. Restatement of comparative figures.

(in millions of Euro)

(in millions of Euro)