DERICHEBOURG - Universal registration document 2019-2020

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Group management report Risk factors

Main investments 3.2.7.2 The table belowshows the main investmentsmade (recognizedin asset accounts,independentof the financingmode, use of own shares or leasing):

2020

2019

2018

In millions of euros

Investments in land or infrastructures

25 49 12

13 77 36

21 67 20

Production equipment

Handling and transportation equipment

Others

0

0

0

Environmental Services subtotal

87

126

108

Cleaning

7 5

10

6 5

Other Multiservices investments Multiservices subtotal Holding companies subtotal

6

12

16

11

2

3

4

Total property, plant and equipment and intangible investments

101

145

123

The year’s investmentscan be brokendown as follows: propertyacquisition:€16 million; p majormaintenancework and repair of shredders:€3 million; p acquisitionof handlingequipmentand machinery:€15 million; p acquisitionof trucks: €5 million; p acquisitionand repair of shears: €7 million; p WEEE lines: €4 million; p post-shredding,flotationand refinery:€4 million p

household refuse collection dumpsters and related equipment: p €6 million; other: €15 million. p EnvironmentalServices total: €87 million. For Multiservices, investments are mainly related to work equipment (single-disc machines and cleaning machinery) and the renewal of vehicles. 3.2.7.3 Engaged investment orders for which invoices had not yet been received,totaled€22 million. Investments inprogress

buildings,site fittings:€6 million p copper shot-blastingline: €6 million p

Risk factors 3.3

assessment, they are supported by the Group’s support services (Financial Department, Secretariat General, Insurance Department, TechnicalDepartment,Legal Departmentand CSR Department). Two other risk mappingswere conductedduring the fiscal year: one as part of the application of the provisions of the Sapin 2 law and the other coveringCSR risks. The selected risks are particular and significant risks for the Group. Each risk factor is assessed according to two criteria: the probabilityof occurrenceand the net impact on the Group.

Risk analysis and monitoring process 3.3.1 An initial mapping exercise covering the Company’s general risks was preparedduring2018. It will be updatedat regular intervals. The Board of Directors is kept informed of changes to the Company’s principal risks. In the context of the operating organization, the directors of the operatingentities are responsiblefor identifyingand assessingthe risks relating to the businesses that they manage. In carrying out this

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