BIC - 2019 Universal Registration Document

FINANCIAL STATEMENTS

Consolidated financial statements

NET INVENTORIES (in million euros)

Other Products 6

Other Products 8

Shavers 98

Shavers 103

219 Stationery

225 Stationery

Lighters 120

Lighters 126

2018 Total: 449

2019 Total: 456

2-3

Information by geography

The geographies identified by the management are: France, Europe (excluding France), North America and Developing markets.

NET SALES (in million euros)

180 France

165 France

Developing Markets 626

Developing Markets 625

394

379

Europe excluding France

Europe excluding France

764

766

North America

North America

2019 Total: 1,949

2018 Total: 1,950

The Group may grant year-end rebates. These rebates are booked as a deduction from net sales and amounted to 110 million euros as of December 31, 2019 (104 million euros as of December 31, 2018).

NON-CURRENT ASSETS (1) (in million euros)

262 France

297 France

Developing Markets 323

Developing Markets 277

207

200

225

Europe excluding France

221

Europe excluding France

North America

North America

2019 Total: 999

2018 Total: 1,013

Other than financial instruments (0.2 million euros in 2019 and 0.04 million euros in 2018), deferred tax assets (134.3 million euros in 2019 and (1) 142 million euros in 2018).

196

• BIC GROUP - 2019 UNIVERSAL REGISTRATION DOCUMENT •