total s.a., total capital, total capital canada ltd. …...share capital of total was increased on...

SIXTH SUPPLEMENT DATED 18 MARCH 2016 TO THE DEBT ISSUANCE PROGRAMME PROSPECTUS DATED 21 APRIL 2015

TOTAL S.A.,

TOTAL CAPITAL, TOTAL CAPITAL CANADA LTD.

and TOTAL CAPITAL INTERNATIONAL

€30,000,000,000 Euro Medium Term Note Programme

Due from seven days from the date of original issue

This supplement (the “Sixth Supplement”) is supplemental to, and should be read in conjunction with, the Debt Issuance Programme Prospectus dated 21 April 2015 (the “Prospectus”), the First Supplement thereto dated 12 May 2015 (the “First Supplement”), the Second Supplement thereto dated 31 July 2015 (the “Second Supplement”), the Third Supplement thereto dated 4 November 2015 (the “Third Supplement”), the Fourth Supplement thereto dated 16 February 2016 (the “Fourth Supplement”) and the Fifth Supplement thereto dated 26 February 2016 (the “Fifth Supplement”) (together, the “Debt Issuance Programme Prospectus”), which have been prepared by Total S.A., Total Capital, Total Capital International and Total Capital Canada Ltd. (the “Issuer” or “Issuers”, as the case may be) in relation to the €30,000,000,000 Euro Medium Term Note Programme (the “Programme”). The Debt Issuance Programme Prospectus constitutes a base prospectus for the purposes of Article 5.4 of Directive 2003/71/EC (the “Prospectus Directive”). The Autorité des marchés financiers (the “AMF”) granted the Prospectus visa no. 15-160 on 21 April 2015, the

First Supplement visa no. 15-198 on 12 May 2015, the Second Supplement visa no. 15-433 on 31 July 2015, the Third Supplement visa no. 15-562 on 4 November 2015, the Fourth Supplement visa no 16-052 on 16

February 2016 and the Fifth Supplement visa no 16-061 on 26 February 2016.

Application has been made for approval of the Sixth Supplement to the AMF in its capacity as competent authority pursuant to Article 212-2 of its Règlement Général which implements the Prospectus Directive in

France.

Unless the context otherwise requires, terms defined in the Debt Issuance Programme Prospectus shall have the same meaning when used in this Sixth Supplement.

To the extent that there is any inconsistency between (a) any statement in this Sixth Supplement or any statement incorporated by reference into this Sixth Supplement and (b) any statement in, or incorporated by reference in, the Debt Issuance Programme Prospectus, the statements referred to in (a) above will prevail.

This Sixth Supplement constitutes a supplement to the Debt Issuance Programme Prospectus for the purposes of Article 16 of the Prospectus Directive and has been prepared in accordance with Article 16.1 of the Prospectus Directive and Article 212-25 of the AMF’s Règlement Général for the purpose of:

(a) incorporating by reference the English language translation of the 2015 registration document for Total S.A. - filed in its original French language version under reference D.16-0145 on 16 March 2016 which includes the audited consolidated annual financial statements and audit report for the financial year ended 31 December 2015 of Total S.A.;

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(b) updating the summary section in English and the résumé in French to reflect such updated financial information;

(c) updating the Risk Factors section; and

(d) updating the General Information section.

Copies of this Sixth Supplement (a) may be obtained, free of charge, at the registered office of Total S.A. during normal business hours, (b) will be available on the website of Total S.A. (www.total.com), (c) will be available on the website of the AMF (www.amf-france.org) and (d) will be available for collection free of charge on any weekday (Saturdays, Sundays and public holidays excepted) at the specified offices of the Fiscal Agent and each Paying Agent during normal business hours so long as any of the Notes are outstanding.

In relation to any offer of Notes to the public, and provided that the conditions of article 16(2) of the Prospectus Directive are fulfilled, investors who have already agreed to purchase or subscribe for Notes to be issued under the Programme before this Sixth Supplement is published have the right, according to article 16(2) of the Prospectus Directive, to withdraw their acceptances within a time limit of two (2) working days

after the publication of this Sixth Supplement, i.e. until 20 March 2016.

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TABLE OF CONTENTS

Page

TABLE OF CONTENTS .............................................................................................................................. 3

SUMMARY .................................................................................................................................................. 4

RÉSUMÉ EN FRANÇAIS ............................................................................................................................ 7

RISKS FACTORS ..................................................................................................................................... 11

DOCUMENTS INCORPORATED BY REFERENCE ................................................................................ 12

GENERAL INFORMATION ....................................................................................................................... 22

PERSONS RESPONSIBLE FOR THE INFORMATION GIVEN IN THE SIXTH SUPPLEMENT ............. 23

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SUMMARY

The sub-section entitled “Total” in the section entitled “Selected financial information” in part B.7 of the Summary on pages 5 and 6 of the Debt Issuance Programme Prospectus is hereby deleted and replaced with the following:

B.7 Selected financial information

Total

The following table shows Total’s key figures related to the income statement and balance sheet (consolidated figures) as at, and for the years ended, 31 December

2015 and 2014.

As at/for the

year ended 31 December

2015

(audited)

As at/for the

year ended 31 December

2014

(audited)

In millions of U.S.

dollars

In millions of U.S.

dollars

Total Assets .......... 224,484 229,798

Net Income for the period .................... 4,786 4,250

Share Capital ........ 7,670 7,518

In order to make the financial information of Total more readable by better reflecting the performance of its activities mainly carried out in U.S. dollars, Total has changed, effective 1 January 2014, the presentation currency of the Group’s consolidated financial statements from euro to U.S. dollars. The statutory financial statements of Total, the parent company of the Group, remain prepared in euro.

Following the declaration of a 2015 interim dividend decided by the Board of Directors of Total in a meeting held on 16 December 2015 partly paid in shares, the share capital of Total was increased on 14 January 2016 by the issue of 13,945,709 new shares with an issue price of €39.77 per share representing approximately zero point six (0.6) per cent of Total’s issued share capital as at 31 December 2015. The balance of the dividend amounting to €918 million was paid in cash on 14 January 2016.

The two first paragraphs in the section entitled “Qualifications in the auditors' report” in part B.10 of the Summary on page 7 of the Debt Issuance Programme Prospectus are hereby deleted and replaced with the following:

B.10 Qualifications in the auditors' report

There were no qualifications in the audit report on the consolidated financial statements for Total for the year ended 31 December 2014. However, the statutory auditors’ audit report on the consolidated financial statements for the year ended 31 December 2014 draws the attention to note “Introduction” to the consolidated financial statements which sets out a change in accounting methods related to the change in the presentation currency of the consolidated financial statements from the euro to the U.S. dollar.

There were no qualifications in the audit report on the consolidated financial statements for Total for the year ended 31 December 2015.

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The first paragraph in the section entitled “No material adverse change and no significant change statements” in part B.12 of the Summary on page 7 of the Debt Issuance Programme Prospectus is hereby deleted and replaced with the following:

The first paragraph in the section entitled “Recent material events particular to the Issuer’s solvency” in part B.13 of the Summary on page 7 of the Debt Issuance Programme Prospectus is hereby deleted and replaced with the following:

B.13 Recent material events particular to the Issuer’s solvency

Except as disclosed in part B.17 of the Summary to this Debt Issuance Programme Prospectus, there have been no recent events that are materially relevant to the

evaluation of the solvency of Total since 31 December 2015.

“Key information on the key risks that are specific to the Issuer or its industry” in part D.2 on the summary on page 15 of the debt issuance program prospectus is hereby deleted in its entirety and replaced by the following:

.2 Key information on the key risks that are specific to the Issuer or its industry

There are certain factors that may affect the Issuers’ ability to fulfil their obligations under Notes issued under the Programme. These risk factors are related to the Issuer, its operations, industry and its structure. These risk factors include, without limitation:

The group and its business are subject to various risks relating to changing competitive, economic, legal, political, social, industry, business and financial conditions. Its operations and profit could be affected mainly by:

Risks related to market environment and other financial risks:

sensitivity to a number of market-related factors, the most significant being crude oil and natural gas prices, refining margins and exchange rates;

oil and gas market related risks due to the oil and gas trading activities of the Group;

financial markets related risks due to its exposure to changes in interest rates and foreign exchanges rates;

counterparty risk;

currency exposure due to various functional currencies used by Group entities;

B.12 No material adverse change and no significant change statements

Except as disclosed in part B.17 of the Summary to this Debt Issuance Programme Prospectus, there has been no significant change in the financial or trading position of Total since 31 December 2015 and no material adverse change in the prospects of

Total since 31 December 2015.

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short-term interest rate exposure and cash due to the cash balances which are primarily composed of euros and dollars;

interest rate risk on non-current debt;

stock market risk due to the Group interests in a number of publicly-traded companies;

liquidity risk;

credit risk due to the risk of the counterparty to a contract failing to perform or pay the amounts due;

industrial and environmental risks and risks related to climate issues;

Risks related to critical IT systems security;

Risks related to the development of major projects and reserve:

risks related to the Group’s long-term profitability which depends on cost effective discovery, acquisition and development of new reserves;

the Group’s oil and gas reserves data are only estimates and subsequent downward projections may be possible;

major projects and production growth which depend on the delivery of its major development projects;

Risks related to equity affiliates and management of assets operated by third parties:

equity affiliates may reduce the degree of control, as well as the ability of the Group to identify and manage risks;

Risks related to economic or political factors:

Total has production and reserves located in politically, economically and socially unstable areas;

Intervention by host country authorities can adversely affect the Group’s activities and its operating results;

Risks related to competition and lack of innovation;

Ethical misconduct and non-compliance risks;

Countries targeted by economic sanctions;

Legal and arbitration proceedings:

legal aspects of the Upstream segment’s activities which are subject to a broad range of regulations in various countries;

legal aspects of the Group’s other segment’s activities which are also subject to a wide range of regulations (Group’s Refining & Chemicals and Marketing & Services);

legal and arbitration proceedings;

Insurance and risk management.

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RÉSUMÉ EN FRANÇAIS

The sub-section entitled “Total” in the section entitled “Informations financières sélectionnées historiques clés” in part B.7 of the Résumé on pages, 25, 26 and 27 of the Debt Issuance Programme Prospectus is hereby deleted and replaced with the following:

B.7 Informations financières sélectionnées historiques clés

Total

Le tableau suivant présente les informations financières sélectionnées relatives au compte de résultat et au bilan (chiffres consolidés) de Total aux, et pour les exercices clos les 31 décembre 2015 et 2014.

Au/pour l’exercice clos le 31 décembre

2015

(audité)

Au/pour l’exercice clos le 31 décembre

2014

(audité)

en millions de

dollars U.S.

en millions de

dollars U.S.

Total du Bilan .............. 224 484 229 798

Résultat Net pour la période ........................

4 786 4 250

Capital Social .............. 7 670 7 518

Afin de rendre l'information financière de Total plus lisible et mieux refléter la performance de ses activités qui sont principalement réalisées en dollars U.S., Total a changé la devise de présentation des états financiers consolidés du Groupe de l’euro au dollar US et ce à compter du 1er janvier 2014. Les états financiers audités de Total, la société-mère du Groupe, continuent d’être présentés en euro. Suite à l’annonce d’un nouvel acompte sur dividende au titre de l’exercice 2015, décidé par le Conseil d’administration de Total le 16 décembre 2015 et payé en partie en actions, le capital social de Total a été augmenté le 14 janvier 2016 par émission de 13 945 709 actions nouvelles au prix de 39,77 euros par action, représentant environ 0,6% du capital social émis par Total à la date du 31 décembre 2015. Le solde du dividende d’un montant de 918 millions d’euros a été versé en numéraire le 14 janvier 2016.

The two first paragraphs in the section entitled “Réserves contenues dans le rapport des Commissaires aux comptes” in part B.10 of the Résumé on page 27 of the Debt Issuance Programme Prospectus are hereby deleted and replaced with the following:

B.10 Réserves contenues dans le rapport des Commissaires aux comptes

Le rapport des commissaires aux comptes sur les comptes consolidés de Total pour l’exercice clos le 31 décembre 2014 ne contient aucune réserve. Toutefois, le rapport des commissaires aux comptes sur les comptes consolidés de Total pour l’exercice clos le 31 décembre 2014 attire l’attention sur le point mentionné dans la note « Introduction » de l’annexe aux comptes consolidés qui expose le changement de méthode comptable relatif au changement de monnaie de présentation des états financiers consolidés de la société de l’euro au dollar U.S.

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Le rapport des commissaires aux comptes sur les comptes consolidés de Total pour l’exercice clos le 31 décembre 2015 ne contient aucune réserve.

The first paragraph in the section entitled “Absence de détérioration significative et de changement significatif des états financiers” in part B.12 of the Résumé on page 27 of the Debt Issuance Programme Prospectus is hereby deleted and replaced with the following:

The first paragraph in the section entitled “Evénements récents propres à l’Emetteur présentant un intérêt significatif pour l’évaluation de sa solvabilité” in part B.13 of the Résumé on pages 27 and 28 of the Debt Issuance Programme Prospectus is hereby deleted and replaced with the following:

“Key information on the key risks that are specific to the Issuer or its industry” in part D.2 on the summary on page 15 of the debt issuance program prospectus is hereby deleted in its entirety and replaced by the following:

D.2 Informations clés sur les principaux risques propres à l’Emetteur ou à son exploitation et son activité

Certains facteurs peuvent altérer la capacité des Emetteurs à remplir les obligations que leur imposent les Titres émis dans le cadre du Programme. Ces facteurs de risque sont inhérents à l’Emetteur, son activité, le marché dans lequel il opère et sa structure. Ces facteurs de risque comprennent notamment :

Le groupe et son activité sont sujets à des risques variés liés à un environnement concurrentiel, économique, juridique, politique, commercial, financier et social changeant. Ses opérations et son bénéfice peuvent être affectés principalement par :

• Risques relatifs aux paramètres d’environnement et autres risques

B.12 Absence de détérioration significative et de changement significatif des états financiers

Sauf indication contraire dans l’élément B.17 du Résumé au présent Prospectus du Programme d’Emission de Titres de Créances, aucun changement significatif de la situation financière ou commerciale de Total n’est survenu depuis le 31 décembre 2015 ni aucune détérioration significative n’a affecté les perspectives de Total depuis le 31 décembre 2015.

B.13 Evénements récents propres à l’Emetteur présentant un intérêt significatif pour l’évaluation de sa solvabilité

Sauf indication contraire dans l’élément B.17 du Résumé au présent Prospectus du Programme d’Emission de Titres de Créance, aucun fait marquant récent ayant une incidence sur l’évaluation de la solvabilité de Total n’est intervenu depuis le 31 décembre 2015.

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financiers:

• sensibilité à différents facteurs de marché dont les plus significatifs sont les prix des hydrocarbures, les marges de raffinage et les taux de change;

• risques relatifs aux marchés des hydrocarbures liés aux activités courantes du Groupe en intervenant sur les marchés ;

• risques relatifs aux marchés financiers du fait de son exposition aux fluctuations des taux d’intérêts et des cours de change de devises étrangères ;

• risque de contrepartie ;

• exposition aux devises étrangères liée au risque de change de chaque entité par rapport à sa monnaie fonctionnelle ;

• exposition au taux d’intérêt à court terme et espèces liée à la position courante principalement constituée en euros et en dollars ;

• risque de taux d’intérêt sur la dette à long terme ;

• risque de marché lié aux participations du Groupe dans des sociétés cotées ;

• risque de liquidité ;

• risque de crédit lié au risque de défaut d’une contrepartie face à ses engagements contractuels ou à l’encaissement des créances ;

• Risques industriels, environnementaux et liés aux enjeux climatiques;

• Risques liés à la sûreté des services informatiques critiques

• Risques liés au développement des projets majeurs et des réserves

• risques liés à la rentabilité à long terme du Groupe qui dépend de sa capacité à réaliser des découvertes et à acquérir et développer de nouvelles réserves économiquement viables ;

• les données relatives aux réserves de pétrole et de gaz du Groupe sont des estimations et des ajustements ultérieurs à la baisse sont possibles ;

• la croissance de la production du Groupe et sa rentabilité dépendent de sa capacité à mener à bien ses projets de développement majeurs ;

• Risques liés aux sociétés mises en équivalence et à la gestion des actifs opérés par des tiers

• les sociétés mises en équivalence peuvent réduire le niveau de contrôle du Groupe et sa capacité à identifier et gérer les risques ;

• Risques liés à des facteurs économiques ou politiques

• Total a une part de sa production et de ses réserves situées dans des zones caractérisées par une instabilité politique, sociale et économique ;

• l’intervention des autorités des pays hôtes est susceptible d’entraîner des conséquences négatives sur les activités du Groupe et ses

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résultats opérationnels.

• Risques liés à la concurrence et au manque d’innovation

• Risques éthiques et de non-conformité ;

• Pays sous sanctions économiques

• Procédures judiciaires et d’arbitrage

• aspects juridiques des activités du secteur Amont qui sont soumises à un large éventail de réglementations dans un grand nombre de pays ;

• aspects juridiques des autres activités du Groupe qui sont également soumises à un large éventail de réglementations (activités de Raffinage-Chimie et Marketing & Services) ;

• procédures judiciaires et d’arbitrage ;

• Assurance et couverture des risques

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RISKS FACTORS

The paragraph entitled “Risk Factors relating to Total” in the Risk Factors section of the Debt Issuance Programme Prospectus on page 42 is hereby deleted and replaced in its entirety with the following:

“Risk Factors relating to Total

Please refer to pages 59 to 78 of the Total 2015 RD which is incorporated by reference in this Debt Issuance Programme Prospectus”.

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DOCUMENTS INCORPORATED BY REFERENCE

The Debt Issuance Programme Prospectus should be read and construed in conjunction with the sections referred to in the table below, included in the English language translation of the 2015 registration document for Total - filed in its original French language version under reference D.16- 0145 on 16 March 2016 (the “Total 2015 RD”) containing the audited consolidated annual financial statements and audit report for the

financial year ended 31 December 2015 of Total, which are incorporated by reference in the Debt Issuance Programme Prospectus.

INFORMATION INCORPORATED BY REFERENCE IN RELATION TO TOTAL S.A. AND THE GROUP

INFORMATION INCORPORATED BY REFERENCE (PURSUANT TO ANNEX IV OF THE COMMISION REGULATION (EC) NO 809/2004

DATED 29 APRIL 2004)

Page Reference(s) in the Total 2015 RD

3. Selected Financial Information

3.1 Selected historical financial information regarding the issuer, presented, for each financial year for the period covered by the historical financial information, and any subsequent interim financial period, in the same currency as the financial information.

The selected historical financial information must provide key figures that summarise the financial condition of the issuer.

2 to 4

4. Risk Factors

Prominent disclosure of risk factors that may affect the issuer’s ability to fulfil its obligations under the securities to investors in a section headed "Risk Factors".

59 to 78

5. Information about the Issuer

5.1 History and development of the Issuer: 6 and 182

5.1.1 the legal and commercial name of the issuer; 6 and 182

5.1.2 the place of registration of the issuer and its registration number; 182

5.1.3 the date of incorporation and the length of life of the issuer, except where indefinite; 182

5.1.4 the domicile and legal form of the issuer, the legislation under which the issuer operates, its country of incorporation, and the address and telephone number of its registered office (or principal place of business if different from its registered office);

6 and 182

5.1.5 any recent events particular to the issuer which are to a material extent relevant to the evaluation of the issuer’s solvency. 52 to 56

5.2 Investments: 41 to 43

5.2.1 A description of the principal investments made since the date of the last published financial statements. 41 to 43

5.2.2 Information concerning the issuer’s principal future investments, on which its management bodies have already made firm commitments.

41 to 43

5.2.3 Information regarding the anticipated sources of funds needed to fulfil commitments referred to in item 5.2.2. 41 to 43 and 192

6. Business Overview

6.1 Principal activities: 6 to 46

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6.1.1 A description of the issuer’s principal activities stating the main categories of products sold and/or services performed; and 2 and 6 to 46

6.1.2 an indication of any significant new products and/or activities. 6 to 46

6.2 Principal markets:

A brief description of the principal markets in which the issuer competes.

1 and 6 to 46

6.3 The basis for any statements made by the issuer regarding its competitive position. 6 to 41

7. Organisational Structure

7.1 If the issuer is part of a group, a brief description of the group and of the issuer's position within it. 47 to 49 and 288 to 289

7.2 If the issuer is dependent upon other entities within the group, this must be clearly stated together with an explanation of this dependence.

47 to 49 and 274 to 289

8. Trend Information

8.1 Include a statement that there has been no material adverse change in the prospects of the issuer since the date of its last published audited financial statements.

In the event that the issuer is unable to make such a statement, provide details of this material adverse change.

58

8.2 Information on any known trends, uncertainties, demands, commitments or events that are reasonably likely to have a material effect on the issuer's prospects for at least the current financial year.

41 to 46, 58, 60 to 69

9. Profit Forecasts or Estimates

If an issuer chooses to include a profit forecast or a profit estimate, the registration document must contain the information items 9.1 and 9.2:

9.1 A statement setting out the principal assumptions upon which the issuer has based its forecast, or estimate.

There must be a clear distinction between assumptions about factors which the members of the administrative, management or supervisory bodies can influence and assumptions about factors which are exclusively outside the influence of the members of the administrative, management or supervisory bodies; the assumptions must be readily understandable by investors, be specific and precise and not relate to the general accuracy of the estimates underlying the forecast.

Not Applicable

9.2 A report prepared by independent accountants or auditors must be included stating that in the opinion of the independent accountants or auditors the forecast or estimate has been properly compiled on the basis stated and that the basis of accounting used for the profit forecast or estimate is consistent with the accounting policies of the issuer.

Not Applicable

9.3 The profit forecast or estimate must be prepared on a basis comparable with the historical financial information. Not Applicable

10. Administrative, Management, and Supervisory Bodies

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10.1 Names, business addresses and functions in the issuer of the following persons, and an indication of the principal activities performed by them outside the issuer where these are significant with respect to that issuer:

80 to 88

(a) members of the administrative, management or supervisory bodies; 80 to 88 and 101 to 102

(b) partners with unlimited liability, in the case of a limited partnership with a share capital. Not Applicable

10.2 Administrative, Management, and Supervisory bodies conflicts of interests

Potential conflicts of interests between any duties to the issuing entity of the persons referred to in item 10.1 and their private interests and or other duties must be clearly stated. In the event that there are no such conflicts, make a statement to that effect.

86, 87 and 102

11. Board Practices

11.1 Details relating to the issuer's audit committee, including the names of committee members and a summary of the terms of reference under which the committee operates.

88 to 98

11.2 A statement as to whether or not the issuer complies with its country’s of incorporation corporate governance regime(s). In the event that the issuer does not comply with such a regime a statement to that effect must be included together with an explanation regarding why the issuer does not comply with such regime.

100 to 101

12. Major Shareholders

12.1 To the extent known to the issuer, state whether the issuer is directly or indirectly owned or controlled and by whom and describe the nature of such control, and describe the measures in place to ensure that such control is not abused.

171 to 173 and 183 to 184

12.2 A description of any arrangements, known to the issuer, the operation of which may at a subsequent date result in a change in control of the issuer.

Not Applicable

13. Financial Information concerning the Issuer’s Assets and Liabilities, Financial Position and Profits and Losses

13.1 Historical Financial Information

Audited historical financial information covering the latest 2 financial years (or such shorter period that the issuer has been in operation), and the audit report in respect of each year. Such financial information must be prepared according to Regulation (EC) No 1606/2002, or if not applicable to a Member States national accounting standards for issuers from the Community. For third country issuers, such financial information must be prepared according to the international accounting standards adopted pursuant to the procedure of Article 3 of Regulation (EC) No 1606/2002 or to a third country’s national accounting standards equivalent to these standards. If such financial information is not equivalent to these standards, it must be presented in the form of restated financial statements.

The most recent year’s historical financial information must be presented and prepared in a form consistent with that which will be adopted in the issuer’s next published annual financial statements having regard to accounting standards and policies and legislation applicable to such annual financial statements.

If the issuer has been operating in its current sphere of economic

15




activity for less than one year, the audited historical financial information covering that period must be prepared in accordance with the standards applicable to annual financial statements under the Regulation (EC) No 1606/2002, or if not applicable to a Member States national accounting standards where the issuer is an issuer from the Community. For third country issuers, the historical financial information must be prepared according to the international accounting standards adopted pursuant to the procedure of Article 3 of Regulation (EC) No 1606/2002 or to a third country’s national accounting standards equivalent to these standards. This historical financial information must be audited.

If the audited financial information is prepared according to national accounting standards, the financial information required under this heading must include at least:

(a) balance sheet; 191

(b) income statement; 189, 190

(c) cash flow statement; and 192

(d) accounting policies and explanatory notes. 194 to 289

The historical annual financial information must have been independently audited or reported on as to whether or not, for the purposes of the registration document, it gives a true and fair view, in accordance with auditing standards applicable in a Member State or an equivalent standard.

185 to 186, 188, 189 to 192

13.2 Financial statements

If the issuer prepares both own and consolidated financial statements, include at least the consolidated financial statements in the registration document.

189 to 193

13.3 Auditing of historical annual financial information

13.3.1 A statement that the historical financial information has been audited. If audit reports on the historical financial information have been refused by the statutory auditors or if they contain qualifications or disclaimers, such refusal or such qualifications or disclaimers must be reproduced in full and the reasons given.

188

14. Additional Information

14.1 Share Capital

14.1.1 The amount of the issued capital, the number and classes of the shares of which it is composed with details of their principal characteristics, the part of the issued capital still to be paid up, with an indication of the number, or total nominal value, and the type of the shares not yet fully paid up, broken down where applicable according to the extent to which they have been paid up.

180 to 182

14.2 Memorandum and Articles of Association

14.2.1 The register and the entry number therein, if applicable, and a description of the issuer’s objects and purposes and where they can be found in the memorandum and articles of association.

182 to 185

15. Material Contracts

A brief summary of all material contracts that are not entered into in the ordinary course of the issuer's business, which could result in any group member being under an obligation or entitlement that is material to the issuer’s ability to meet its obligation to security holders in respect of the securities being issued.

Not Applicable

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16 Third Party Information and Statement by Experts and Declarations of Any Interest

16.1 Where a statement or report attributed to a person as an expert is included in the Registration Document, provide such person’s name, business address, qualifications and material interest if any in the issuer. If the report has been produced at the issuer’s request a statement to that effect that such statement or report is included, in the form and context in which it is included, with the consent of that person who has authorised the contents of that part of the Registration Document.

Not Applicable

16.2 Where information has been sourced from a third party, provide a confirmation that this information has been accurately reproduced and that as far as the issuer is aware and is able to ascertain from information published by that third party, no facts have been omitted which would render the reproduced information inaccurate or misleading. In addition, the issuer shall identify the source(s) of the information.

Not Applicable

INFORMATION INCORPORATED BY REFERENCE IN RELATION TO TOTAL CAPITAL



Page Reference(s) of the Total Capital Financial Statements

2015 (except for the Risk Factors)

4. Risk Factors


59 to 78 of the Total 2015 RD





Not Applicable


Not Applicable




17



Page Reference(s) of the Total Capital Financial Statements

2015 (except for the Risk Factors)



If the issuer has been operating in its current sphere of economic activity for less than one year, the audited historical financial information covering that period must be prepared in accordance with the standards applicable to annual financial statements under the Regulation (EC) No 1606/2002, or if not applicable to a Member States national accounting standards where the issuer is an issuer from the Community. For third country issuers, the historical financial information must be prepared according to the international accounting standards adopted pursuant to the procedure of Article 3 of Regulation (EC) No 1606/2002 or to a third country’s national accounting standards equivalent to these standards. This historical financial information must be audited.



(b) income statement; 10




2 to 4



8 to 24



2 to 4

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INFORMATION INCORPORATED BY REFERENCE IN RELATION TO TOTAL CAPITAL INTERNATIONAL



Page Reference(s) of the Total Capital International Financial Statements 2015

(except for the Risk Factors)

4. Risk Factors







Not Applicable


Not Applicable

9.3 The profit forecast or estimate must be prepared on a basis comparable with the historical financial information.

Not Applicable





If the issuer has been operating in its current sphere of economic activity for less than one year, the audited historical financial information covering that period must be prepared in accordance with the standards applicable to annual financial

19



Page Reference(s) of the Total Capital International Financial Statements 2015

(except for the Risk Factors)

statements under the Regulation (EC) No 1606/2002, or if not applicable to a Member States national accounting standards where the issuer is an issuer from the Community. For third country issuers, the historical financial information must be prepared according to the international accounting standards adopted pursuant to the procedure of Article 3 of Regulation (EC) No 1606/2002 or to a third country’s national accounting standards equivalent to these standards. This historical financial information must be audited.







2 to 4



8 to 23



2 to 4

INFORMATION INCORPORATED BY REFERENCE IN RELATION TO TOTAL CAPITAL CANADA



Page Reference(s) of the Total Capital Canada

Financial Statements 2015 (except for the Risk Factors)

4. Risk Factors





20







Not Applicable


Not Applicable






If the issuer has been operating in its current sphere of economic activity for less than one year, the audited historical financial information covering that period must be prepared in accordance with the standards applicable to annual financial statements under the Regulation (EC) No 1606/2002, or if not applicable to a Member States national accounting standards where the issuer is an issuer from the Community. For third country issuers, the historical financial information must be prepared according to the international accounting standards adopted pursuant to the procedure of Article 3 of Regulation (EC) No 1606/2002 or to a third country’s national accounting standards equivalent to these standards. This historical financial information must be audited.




21








2



1 to 25



2

To the extent that there is any inconsistency between (a) any statement included or incorporated by reference in this Sixth Supplement and (b) any statement included or incorporated by reference in the Debt Issuance Programme Prospectus, the statements in (a) above will prevail.

22

GENERAL INFORMATION

The first paragraph in paragraph (3) in the General Information section of the Debt Issuance Programme Prospectus on page 147 entitled “No Material Adverse Change” is hereby deleted and replaced in its entirety with the following:

“Except as disclosed in this Debt Issuance Programme Prospectus, there has been no material adverse change in the prospects of Total on a consolidated basis since its last published audited financial statements, being 31 December 2015”.

The first paragraph in paragraph (4) in the General Information section of the Debt Issuance Programme Prospectus on page 148 entitled “Significant change in the Issuer’s financial trading position” is hereby deleted and replaced in its entirety with the following:

“Except as disclosed in this Debt Issuance Programme Prospectus, there has been no significant change in the financial or trading position of Total on a consolidated basis since the end of the last financial period for which financial information has been published, being 31 December 2015.

Paragraph (11) in the General Information section of the Debt Issuance Programme Prospectus on page 150 entitled “Auditors” is hereby deleted and replaced in its entirety with the following:

The auditors of Total are Ernst & Young Audit and KPMG Audit, a division of KPMG S.A., of 1/2, place des Saisons 92400 Courbevoie - Paris-La Défense 1 and 2 Avenue Gambetta CS 60055 92066 Paris La Défense, respectively. They have audited and expressed unqualified opinions in the audit reports they have issued on the consolidated financial statements of Total as of and for the years ended 31 December 2014 and 31 December 2015. The reports on the consolidated financial statements for the year ended 31 December 2014 contain an observation. The French auditors carry out their duties in accordance with the professional auditing standards applicable in France (“Normes d’Exercice Professionnel”) and are members of the CNCC professional body.

The auditors of Total Capital are Ernst & Young Audit and KPMG Audit, a division of KPMG S.A., of 1/2, place des Saisons 92400 Courbevoie - Paris-La Défense 1 and 2 Avenue Gambetta CS 60055 92066 Paris La Défense, respectively. They have audited and expressed unqualified opinions they have issued on the financial statements of Total Capital as of and for the years ended 31 December 2014 and 31 December 2015. The French auditors carry out their duties in accordance with the professional auditing standards applicable in France (“Normes d’Exercice Professionnel”) and are members of the CNCC professional body.

The auditors of Total Capital International are Ernst & Young Audit and KPMG Audit, a division of KPMG S.A., of 1/2, place des Saisons 92400 Courbevoie - Paris-La Défense 1 and 2 Avenue Gambetta CS 60055 92066 Paris La Défense, respectively. They have audited and expressed unqualified opinions in the audit reports they have issued on the financial statements of Total Capital International as of and for the years ended 31 December 2014 and 31 December 2015. The French auditors carry out their duties in accordance with the professional auditing standards applicable in France (“Normes d’Exercice Professionnel”) and are members of the CNCC professional body.

The auditors of Total Capital Canada are KPMG LLP of 3100 205, 5th Avenue SW, Calgary Alberta T2P 4B9, Canada. They have carried out their duties in accordance with Canadian generally accepted auditing standards and are members of the Canadian Public Accountability Board in Canada. They have audited and expressed unqualified opinions in the audit reports they have issued on the financial statements of Total Capital Canada as of and for the years ended 31 December 2014 and 31 December 2015.

23

PERSONS RESPONSIBLE FOR THE INFORMATION GIVEN IN THE SIXTH SUPPLEMENT

To the best of TOTAL S.A.’s knowledge (having taken all reasonable care to ensure that such is the case), the information contained in this Sixth Supplement is in accordance with the facts and contains no omission likely to affect its import.

TOTAL S.A. 2, place Jean Millier, La Défense 6

92400 Courbevoie, France Duly represented by: Humbert de Wendel,

Group Treasurer of Total S.A.

on 18 March 2016

To the best of TOTAL CAPITAL’s knowledge (having taken all reasonable care to ensure that such is the case), the information contained in this Sixth Supplement is in accordance with the facts and contains no omission likely to affect its import.

TOTAL CAPITAL 2, place Jean Millier, La Défense 6

92400 Courbevoie, France France

Duly represented by: Humbert de Wendel on behalf of of Total Finance Corporate Services Limited,

Director of Total Capital

on 18 March 2016

To the best of the TOTAL CAPITAL CANADA LTD.’s knowledge (having taken all reasonable care to ensure that such is the case), the information contained in this Sixth Supplement is in accordance with the facts and contains no omission likely to affect its import.

TOTAL CAPITAL CANADA LTD.

2900, 240-4th Avenue S.W. Calgary, Alberta, T2P 4H4

Canada Duly represented by:

Humbert de Wendel, President of Total Capital Canada Ltd.

on 18 March 2016

To the best of TOTAL CAPITAL INTERNATIONAL’s knowledge (having taken all reasonable care to ensure that such is the case), the information contained in this Sixth Supplement is in accordance with the facts and contains no omission likely to affect its import.

TOTAL CAPITAL INTERNATIONAL 2, place Jean Millier, La Défense 6

92400 Courbevoie, France France Duly represented by:

Humbert de Wendel on behalf of of Total Finance Corporate Services Limited, Director of Total Capital International

on 18 March 2016

24

Autorité des marchés financiers

In accordance with Articles L. 412-1 and L. 621-8 of the French Code monétaire et financier and with the General Regulations (Réglement Général) of the Autorité des marchés financiers (“AMF”), in particular

Articles 212-31 to 212-33, the AMF has granted to this Sixth Supplement the visa no. 16-084 on 18 March 2016. This document and the Debt Issuance Programme Prospectus may only be used for the purposes of a financial transaction if completed by Final Terms. It was prepared by the Issuer and its signatories assume responsibility for it. In accordance with Article L. 621-8-1-I of the French Code monétaire et financier, the visa was granted following an examination by the AMF of "whether the document is complete and comprehensible, and whether the information it contains is coherent". It does not imply that the AMF has verified the accounting and financial data set out in it. This visa has been granted subject to the publication of Final Terms in accordance with Article 212-32 of the AMF's General Regulations, setting out the terms of the securities being

issued.

total s.a., total capital, total capital canada ltd. …...share capital of total was increased on...

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