BIC - 2020 Universal Registration Document

FINANCIAL STATEMENTS

Parent company financial statements of SOCIÉTÉ BIC (French GAAP)

As of December 31, 2020, SOCIÉTÉ BIC had contracted:

hedged underlying of 8,600 metric tons of raw materials with a nominal value of 6.9 million euros. The market value of these

derivative contracts (swaps), maturing in fiscal year 2021, to ● hedge changes in the price of plastic raw materials used in the Group’s production activity. These contracts represent a

transactions is positive by 0.6 million euros.

NOTE 20

OFF-BALANCE SHEET COMMITMENTS

Guarantees 20-1 The following schedule summarizes the off-balance sheet sureties, deposits and guarantees for SOCIÉTÉ BIC. All significant items are disclosed in this table.

No other assets or registered shares have been pledged.

Sureties, deposits and guarantees issued

Maturity

(in thousand euros)

< 1 year

1 to 5 years

> 5 years

Dec. 31, 2020

Dec. 31, 2019

Other guarantees and commitments

9,282

-

-

10,245

10,245

TOTAL

9,282

-

-

10,245

10,245

Sureties, deposits and guarantees received

Maturity

(in thousand euros)

< 1 year

1 to 5 years

> 5 years

Dec. 31, 2020

Dec. 31, 2019

Guarantees for credit lines

4,363

2,728

7,626

-

10,353

Sureties and deposits

1,260

397

16,465

63

16,926

TOTAL

5,623

3,125

24,091

63

27,279

20-2

Pension obligations

Dec. 31, 2020

(in thousand euros)

Present value of pension obligation

632

NET PENSION LIABILITY

632

OTHER INFORMATION

NOTE 21

STOCKMARKET PRICE

Dec. 31, 2020

Dec. 31, 2019

(in euros)

BIC shares

62.00

46.26

287

• BIC GROUP - 2020 UNIVERSAL REGISTRATION DOCUMENT •