BPCE - 2020 Universal Registration Document

BPCE MANAGEMENT REPORT FINANCIAL REPORT

PAYMENT TERMS GRANTED TO CUSTOMERS AND SUPPLIERS Pursuant to Article L. 441-6-1 of the French Commercial Code, Article D. 441-4 of the French Commercial Code as amended by all French companies for which annual financial statements are Decrees No. 2015-1553 dated November 27, 2015, and certified by Statutory Auditors shall disclose information in their No. 2017-350 datedMarch 20, 2017. This information does not management report on the payment terms granted to their include banking transactions and related operations. customers and suppliers, in accordance with the provisions of

Invoices received and due but not settled at the reporting date

Total (1 day and more)

0 day (indicative)

1 to 30 days

31 to 60 days

61 to 90 days 91 days and more

in euros

(A) Categories of overdue payments Number of invoices concerned Total amount of invoices concerned incl. tax (1) Percentage of total purchases (incl. tax) for the fiscal year Percentage of revenue before taxes for the fiscal year

215

-

-

-

-

431

17,692,371

782,885

775,010

690,194

(32,235)

2,215,854

The percentage of unpaid invoices received, at the balance sheet date, was less than 1% of the total amount of purchases including taxes during the fiscal year.

-

-

-

-

-

-

(B) Invoices excluded from (A) relating to disputed or unrecognized receivables and payables Number of invoices excluded - - -

- -

- -

None None

Total amount of invoices excluded

-

-

-

(C) Benchmark payment terms used (contractual or legal term – Article L. 441-6 or Article L. 443-1 of the French Commercial Code) Payment terms used to calculate overdue payments

Legal term: Within 30 days of invoice date

Accounts receivable correspond to accounts in credit or advances. (1)

Invoices issued and due but not settled at the balance sheet date

Total (1 day and more)

0 day (indicative)

1 to 30 days

31 to 60 days

61 to 90 days 91 days and more

5

in euros

(A) Categories of overdue payments Number of invoices concerned Total amount of invoices concerned incl. tax Percentage of total sales (incl. tax) for the fiscal year Percentage of revenue before taxes for the fiscal year

31

-

-

-

-

255

4,613,154

4,896,114

340,893

540,210

1,926,361

7,703,578

The percentage of unpaid invoices issued, at the reporting date, was less than 1% of the total amount of sales including taxes during the fiscal year.

-

-

-

-

-

-

(B) Invoices excluded from (A) relating to disputed or unrecognized receivables and payables Number of invoices excluded - - -

- -

- -

None None

Total amount of invoices excluded

-

-

-

(C) Benchmark payment terms used (contractual or legal term – Article L. 441-6 or Article L. 443-1 of the French Commercial Code) (C) Benchmark payment terms used (contractual or legal term – Article L. 441-6 or Article L. 443-1 of the French Commercial Code)

Legal term: Within 30 days of invoice date

529

UNIVERSAL REGISTRATION DOCUMENT 2020 | GROUPE BPCE