BIC - 2018 Registration document

FINANCIAL STATEMENTS

Parent company financial statements of Société Bic (French GAAP)

1. INCOME STATEMENT

Notes

Dec. 31, 2017

Dec. 31, 2018

(In thousand euros)

Net sales

11

715,515

691,135

Reversal of depreciation, amortization and provisions, transfer of charges

7,313

(3,147)

Other income

12

100,511 823,339

105,206 793,194

Total operating income

Purchases of goods and changes in inventories

(426,835)

(438,231)

Purchases of raw materials, other supplies and changes in inventories

(25,680)

(29,481)

Other external purchases and charges

(187,752)

(198,111) (3,188) (2,054) (16,673)

Taxes, levies and similar payments

(4,738) (2,866) (9,979) (5,530)

Payroll costs

13

Depreciation, amortization and provisions

Other expenses

(4,505)

Total operating expenses

(663,380)

(692,243)

NET OPERATING INCOME

159,959

100,951

NET FINANCIAL INCOME

14

628,887

82,853

NON-RECURRING INCOME AND EXPENSES

15

14,330

(3,617)

Income tax expense

16 to 18

(55,051) 748,125

(30,347) 149,840

NET INCOME

251

• BIC GROUP - 2018 REGISTRATION DOCUMENT •