BIC_REGISTRATION_DOCUMENT_2017

FINANCIAL STATEMENTS Consolidated financial statements

As of December 31, 2017, Walmart Group has been identified as the major customer by the BIC Group.

CAPITAL ADDITIONS (1) (in million euros)

Other Products 21

25

Other Products

45 Stationery

69

Stationery

51

Shavers

71

Shavers

39 Lighters

39

Lighters

2017 Total: 184

2016 Total: 176

NET INVENTORIES (in million euros)

Other Products 16

Other Products 15

Shavers 107

Shavers 99

195 Stationery

224 Stationery

121 Lighters

Lighters 119

2016 Total: 468

2017 Total: 429

Excluding capital additions of discontinued operations (2 million euros in 2017 and 5 million euros in 2016). (1)

178

BIC GROUP - 2017 REGISTRATION DOCUMENT