EXEL Industries // 2020 Universal registration document

Consolidated fi nancial statements 5

Notes to the consolidated fi nancial statements

Note 19 Net allowances for provisions and impairment

Fiscal year 09/30/2019

Fiscal year 09/30/2020

Consolidated (in € thousands)

Increases in operating provisions Provisions for contingencies and expenses

(9,204)

(9,364)

Provisions for current assets

(7,843)

(12,461)

Reversal of operating provisions Provisions for contingencies and expenses

13,934

10,893

Provisions for current assets

10,890

6,557

TOTAL

7,778

(4,374)

Note 20 Non-recurring income/(expenses)

This item includes non-current transactions, which correspond to unusual, abnormal or infrequent events. The net amount of non-recurring income and expenses of the Group includes the impairment of the goodwill of the Agricultural Spraying

CGU in the amount of €26.2 million, inventory and provision write- downs for €2.1 million in addition to the plan announced during the 2019 fi scal year, and the cost of purchase and sale of equity securities during the year.

Note 21 Financial income/(expenses)

Fiscal year 09/30/2019

Fiscal year 09/30/2020

Consolidated (in € thousands)

Income from cash and cash equivalents

581

700

Finance costs, gross

(3,545)

(4,541)

Financial interest on the lease liability

(182)

-

NET INTEREST LOSS

(3,146)

(3,841)

(Losses)/gains on foreign exchange & other fi nancial (income)/expenses

(7,914)

2,697

NET FINANCIAL LOSS

(11,060)

(1,144)

EXEL Industries group I 2020 Universal Registration Document

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