BIC - 2019 Universal Registration Document

FINANCIAL STATEMENTS

Parent company financial statements of SOCIÉTÉ BIC (French GAAP)

1. INCOME STATEMENT

Dec. 31, 2019

Notes

Dec. 31, 2018

(In thousand euros)

Net sales

11

691,135

675,055

Reversal of depreciation, amortization and provisions, transfer of charges

(3,147)

20,653

Other income

12

105,206

83,779

Total operating income

793,194

779,487

Purchases of goods and changes in inventories

(438,231)

(432,669)

Purchases of raw materials, other supplies and changes in inventories

(29,481)

(29,491)

Other external purchases and charges

(198,111)

(213,079)

Taxes, levies and similar payments

(3,188)

(3,096)

Payroll costs

13

(2,054)

(609)

Depreciation, amortization and provisions

(16,673)

(16,838)

Other expenses

(4,505)

(4,828)

Total operating expenses

(692,243)

(700,610)

NET INCOME FROMOPERATIONS

100,951

78,877

NET FINANCIAL INCOME

14

82,853

11,640

NON-RECURRING INCOME AND EXPENSES

15

(3,617)

(9,196)

Income tax expense

16 to 18

(30,347)

(18,224)

NET INCOME

149,840

63,097

247

• BIC GROUP - 2019 UNIVERSAL REGISTRATION DOCUMENT •