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Investor Presentaiton

Income statement In € million Sales Adjusted EBIT Adjusted EBIT margin Restructuring charges Other charges EBIT Financial result Tax result Share in net income of equity investees Minority interests from continued op. Net income - Discontinued operations ** Net income - Group share H1 2015/16* 3,303 H1 2016/17 3,570 167 5.1% 200 5.6% (14) (29) (32) 124 168 (86) (71) (2) (32) 13 47 (8) (8) (98) 24 (57) 128 * Includes mainly the reclassification of separation costs of €(23) million from other charges to net income - discontinued operations Group share ** ALSTOM - February 2016 - P 17 ALSTOM 2016. All rights reserved. Information contained in this document is indicative only. No representation or warranty is given or should be relied on that it is complete or correct or will apply to any particular project. This will depend on the technical and commercial circumstances. It is provided without liability and is subject to change without notice. Reproduction, use or disclosure to third parties, without express written authority, is strictly prohibited. ALSTOM
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