Derichebourg // 2020-2021 Universal Registration Document

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Financial and accounting information Consolidated financial statements at September 30, 2021 Accounting policies, rules and methods

Held-for-sale and discontinued operations 2.3.20 Assets and liabilities classified as held for sale are measured at the lower of their carrying value or their fair value less selling costs. The profit (loss) from discontinued operations is recorded on a separate line of the income statement. A discontinued operation is : a component of an entity that either has been disposed of, or is classified as held for sale, and: represents a separate major line of business or geographical area of ● operations, is part of a single coordinated plan to dispose of a separate major ● line of business or geographical area of operations; or a subsidiary acquired exclusively to be sold.

Other non-recurring income and expenses 2.3.21 “Other non-recurring expenses and income” includes income items which, due to their nature, amount or frequency, cannot be considered as part of the Group’s recurring activities and operational profit. This relates in particular to impairment of goodwill. It also includes, if material, the effects of certain unusual transactions such as restructuring costs, expenses related to litigation, or any other non-recurring income or expenses that may affect the comparability of recurring operating profit from one year to the next.

DERICHEBOURG 2020/2021 Universal Registration Document 150