2021 Universal Registration Document

FINANCIAL STATEMENTS

Parent company financial statements of SOCIÉTÉ BIC (French GAAP)

1. INCOME STATEMENT

December 31, 2021

Notes

December 31, 2020

(In thousand euros)

Net sales

11

628,033

700,389

Reversal of depreciation, amortization and provisions, transfer of charges

29,457

28,212

Other income

12

70,301

88,347

Total operating income

727,790

816,948

Purchases of goods and changes in inventories

(394,742)

(424,034)

Purchases of raw materials, other supplies and changes in inventories

(29,226)

(43,935)

Other external purchases and charges

(218,888)

(208,483)

Taxes, levies and similar payments

(3,000)

(3,612)

Payroll costs

13

(2,871)

(997)

Depreciation, amortization and provisions

(25,822)

(29,370)

Other expenses

(4,845)

(3,742)

Total operating expenses

(679,394)

(714,173)

NET OPERATING INCOME

48,396

102,775

NET FINANCIAL INCOME

14

743

205,532

NON-RECURRING INCOME AND EXPENSES

15

(17,719)

(23,549)

Income tax expense

16 to 18

(17,278)

(36,071)

NET INCOME

14,141

248,687

266

• BIC GROUP - 2021 UNIVERSAL REGISTRATION DOCUMENT •