EXEL Industries // 2020 Universal registration document

Separate fi nancial statements 6

Notes to the parent company fi nancial statements

Sales

16.

Separate fi nancial statements (in € thousands)

09/30/2019

09/30/2020

France Services

8,733

9,381

Export Services

11,412

11,439

REVENUE

20,146

20,820

Net fi nancial income/(expense)

17.

Separate fi nancial statements (in € thousands)

09/30/2019

09/30/2020

Financial income from equity interests

24,435

27,820

Other interest and similar income

9,228

9,703

Reserves written back to income

99

392

Foreign exchange gains

4,526

2,599

Net income on sales of short-term investments

10

25

TOTAL INCOME

38,297

40,539

Increases in provisions

(12,564)

(922)

Interest

(2,243)

(2,799)

Foreign exchange losses

(3,643)

(2,623)

Net expense on sales of short-term investments

-

-

TOTAL EXPENSES

(18,450)

(6,344)

NET FINANCIAL INCOME/(EXPENSE)

19,847

34,195

Changes in balances of cash and cash equivalents with a ffi liates break down as follows:

09/30/2019

09/30/2020

(in € thousands)

Financial income

33,662

37,523

Financial expenses

334

508

Net exceptional income/(loss)

18.

Separate fi nancial statements (in € thousands)

09/30/2019

09/30/2020

Application of a “better fortunes” ( fi nancial recovery) clause

146

188

Disposal price of decommissioned assets

-

-

Reversal of provisions/proceeds from the sale of fi xed assets

94

-

Reversal of provisions for subsidiary contingencies

110

-

Other misc. items

9

23

TOTAL INCOME

360

211

Debt waivers granted to subsidiaries

-

(11,772)

NAV of deactivated assets

-

-

Allowances for subsidiary contingencies

-

(444)

Net allowances for depreciation and amortization/restructuring

(11,700)

(24,193)

Allowances for tax-driven provisions (accelerated tax depreciation)

(123)

(101)

Other misc. items

(219)

(55)

TOTAL EXPENSES

(12,042)

(36,565)

NET EXCEPTIONAL INCOME/(LOSS)

(11,682)

(36,354)

EXEL Industries group I 2020 Universal Registration Document

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