EXEL industries - 2019 Universal Registration Document

Separate fi nancial statements 5 Proposed appropriation of net income

21.

Other disclosures

Commitments given (in € thousands) Pledge of investment securities in an English subsidiary, granted to collateralize a bank loan

9,879 9,879

Commitments received (in € thousands) “Better fortunes” ( fi nancial recovery) clauses (received from subsidiaries)

13,375 13,375

Average number of employees

Average number of employees

09/30/2018

09/30/2019

Executive o ffi cers and management

13

12

O ffi ce sta ff and workers

1

2

TOTAL

14

14

22. Events after the reporting period On November c 4, 2019, EXEL Industries announced the creation of the Company “Exxact Robotics”, specialized in precision agricultural technologies, implementing arti fi cial intelligence, robotics, electronics and agronomy.

Proposed appropriation of net income

5.4

09/30/2018

09/30/2019

(in euros)

Sources: 1. Retained earnings from previous fi scal years

290,396,219

253,801,587

2. Net income for the fi scal year

14,149,962

44,330,505

Appropriations:

3. Statutory reserve 4. Dividends

7,738,206

5. Retained earnings

14,149,962

36,592,299

TOTAL

14,149,962

44,330,505

EXEL Industries Group I 2019 Universal Registration Document

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