It creates carbohydrates through the CalvinCycle RuBP+CO2---PEP then PEP into G3P(Using the energy from breaking of ATP to ADP and oxidation of NADHP to NADH) GEP is essentially turned into:
Glucose,fructose,starch,cellulose
Oils
G3P+Nitrogen------Amino acids
Some G3P then goes into the Regeneration state which makes the original RuBP that you used originallly for your first equation