Orano - Annual Activity Report 2025 364 6 FINANCIAL STATEMENTS Consolidated financial statements – financial year ended December 31, 2025 Assumed rate of salary increase for the calculation of provisions includes inflation. The rates in square brackets show average revaluations at the beginning of a career, which are assumed to be higher, and those at the end of a career. Management personnel Non-management personnel December 31, 2025 December 31, 2024 December 31, 2025 December 31, 2024 France [3.7%-2.5%] [3.7%-2.5%] [3.25%-2.5%] [3.25%-2.5%] Financial assets As of December 31, 2025, financial assets consisted of bonds for 98% and other monetary instruments for 2% (breakdown unchanged from December 31, 2024). Effective return on plan assets December 31, 2025 December 31, 2024 Europe 2.8% 3.9% BREAKDOWN OF NET AMOUNT RECOGNIZED (in millions of euros) Medical expense and accident/ disability Retirement benefits Longservice awards Early retirement benefits Supplemental retirement benefits December 31, 2025 December 31, 2024 Actuarial liabilities 26 299 7 395 36 761 809 Fair value of hedging assets – 52 – 134 27 212 281 NET AMOUNT RECOGNIZED 26 247 7 260 9 549 528 Sensitivity of the actuarial liabilities to changes in the discount rate An across-the-board decrease in the discount rate of 0.25% would increase defined- benefit obligations by 17 million euros. (in millions of euros) Medical expense and accident/ disability Retirement benefits Longservice awards Early retirement benefits Supplemental retirement benefits Total Defined- benefit obligations at December 31, 2024 2 312 6 450 39 809 Current service cost – 16 1 18 – 35 Past service costs (including plan changes and reductions) 24 – – 1 – 25 Disposals/liquidation/plan reductions – – – – – – Accretion expense – 10 – 14 1 25 Employee contributions – – – – – – Plan transfer – – – – – – IMPACT ON THE INCOME STATEMENT 24 26 1 33 2 85 Experience differences – 8 – (10) – (2) Demographic assumption differences – – – – – – Difference in financial assumptions – (20) – (25) (1) (46) IMPACT ON OTHER ITEMS OF COMPREHENSIVE INCOME – (12) – (35) (1) (48) Benefits paid during the year – (28) – (53) (3) (84) Change in scope – – – – – Currency translation differences – – – – (1) (1) ACTUARIAL LIABILITIES AT DECEMBER 31, 2025 26 299 7 395 36 761
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