BIC - 2018 Registration document

FINANCIAL STATEMENTS

Parent company financial statements of Société Bic (French GAAP)

Liabilities & Shareholders’ equity

Notes

Dec.31, 2017

Dec.31, 2018

(in thousand euros)

Share capital

178,126 140,069

175,761 144,165

Share issue premiums, merger contributions

Legal reserve

22,410

22,410

General reserve

180,447 114,781 748,125

180,500 653,692 149,840

Retained earnings

Net income for the year Shareholders’ equity

9

1,383,958

1,326,368

Provisions for contingencies and losses Provisions for contingencies and losses

10

33,273 33,273

39,464 39,464

Bank borrowings (Bank overdraft)

5 5

774

7,255

Other borrowings

233,213 233,987

229,113 236,368

Financial liabilities

Trade payables and related accounts Tax and employee-related liabilities

5, 6

100,330

108,472

5 5 5

8,111 4,415

7,451 7,729

Other liabilities

Deferred income

1

 -

Operating liabilities

112,857

123,652

Unrealized gains from foreign exchange

1,074

507

Liabilities

347,918

360,527

TOTAL LIABILITIES & SHAREHOLDERS’ EQUITY

1,765,149

1,726,359

253

• BIC GROUP - 2018 REGISTRATION DOCUMENT •