BIC - 2018 Registration document

FINANCIAL STATEMENTS

Consolidated financial statements

Equity and liabilities

Notes

December 31, 2017*

January 1, 2018**

December 31, 2018

(in thousand euros)

Share capital

15-1

175,141

175,141

173,269

Accumulated profits

1,527,029 1,702,170

1,526,685 1,701,826

1,464,857 1,638,126

Shareholders’ equity Group share

Non-controlling interests

-

-

-

Shareholders’ equity

SHEQ

1,702,170

1,701,826

1,638,126

Non-current borrowings

16, 21-6

215

52,164

32,031

Other non-current liabilities

1,112

1,112

994

Employee benefits obligation

18 17 13

174,139 42,171 48,176

174,139 42,171 48,176

163,823 43,507 41,735

Provisions

Deferred tax liabilities Derivative instruments Non-current liabilities

23-4, 23-5

104

104

37

265,917

317,866

282,127 137,729 22,580 15,869 259,107

Trade and other payables

14 16

125,539

125,539

Current borrowings

4,866

6,396

Current tax due

10,774

10,774

Other current liabilities Derivative instruments

19

242,245

242,245

23-4, 23-5

2,220

2,220

11,433

Current liabilities

385,645

387,175

446,718

TOTAL EQUITY AND LIABILITIES

2,353,732

2,406,867

2,366,971

Restated for IFRS 15 – Revenue from contracts with customers. * Opening balance sheet – First application IFRS 9 “Financial assets depreciation”, IFRS 16 – Leases and application of IAS29 "Financial Reporting in Hyperinflationary Economies" ** for Argentina. See consolidated statement of changes in equity. SHEQ:

192

• BIC GROUP - 2018 REGISTRATION DOCUMENT •