BIC - 2020 Universal Registration Document

FINANCIAL STATEMENTS

Consolidated financial statements

2-3

Informations by geography

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

NET SALES (in million euros)

90 Asia and Ocenia (including Cello)

159 France

165 France

87 Middle East and Africa

626 Developing Markets

230 Latin America

359 Europe excluding France

394 Europe excluding France

764 North America

703 North America

2020 Total: 1,628

2019 Total: 1,949

BIC’s Net Sales breakdown by geography will now be presented to provide more visibility on the Group performance in Developing Markets and the breakdown for 2019 is as follows:

Latin America

366

Middle East and Africa

118

Asia and Ocenia (including Cello)

142 626

The Group may grant year-end rebates. These rebates are booked in net sales and amounted 91 million euros as of December, 31 2020 compared to 110 million euros as of December 31, 2019.

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

277 Developing Markets

195 Developing Markets

297 France

322 France

243 North America

225 North America

200 Europe excluding France

187 Europe excluding France

2020 Total: 948

2019 Total: 999

Other than financial instruments (1.0 million euros in 2020 and 0.2 million euros in 2019), deferred tax assets (114.2 million euros in 2020 and (1) 134.3 million euros in 2019).

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• BIC GROUP - 2020 UNIVERSAL REGISTRATION DOCUMENT •