Eurazeo / 2019 Universal Registration Document

Financial Statements Consolidated Financial Statements for the year ended December 31, 2019

Trade andother payables 4.4.

Note

12/31/2019

12/31/2018

(In thousandsof euros)

Tradepayables

601,471 358,820 960,291 320,302

574,713 287,842 862,555

Downpaymentsfrom customers TotaltradepayablesincludedinWCR

13.2

Tradepayableson property, plantandequipment

76,249

TOTALTRADEANDOTHERPAYABLES

1,280,593

938,804

The increasein tradeand other payables is largely dueto the changes in consolidationscope during theyear.

Other assets and liabilities 4.5. Other non-current assetsand liabilities 4.5.1.

Note

12/31/2019

12/31/2018

(In thousandsof euros)

Interest-rate derivatives qualifying for hedgeaccounting

9.2

4,170

2,420

Other non-current assets

25,233 29,403

30,029 32,449

OTHERNON-CURRENTASSETS

Non-current liability derivative instruments

9.2

16,114

13,727

Other non-current liabilities

293,180 309,293

246,208 259,935

OTHERNON-CURRENTLIABILITIES

Other currentassets and liabilities 4.5.2.

Note

12/31/2019

12/31/2018

(In thousandsof euros)

Prepaid expenses

66,000 66,000

52,544 52,544

TotalothercurrentassetsincludedinWCR

13.2

Other assets

6,420

636

TOTALOTHERCURRENTASSETS

72,420

53,179

Currentincometaxpayable Employee benefitspayable

31,025 198,671 98,899 334,699 632,268

26,727 215,022 96,528 320,825 632,376

Deferred income Other liabilities

TOTALOTHERLIABILITIES

13.2

Other liabilitiesmainly consistof tax liabilities(€81.9 million),non-group current accounts (€77.1 million) and accruedexpenses (€51.5 million).

Operating incomeand other incomeand expenses 4.6. Operating incometotaled€367.4 millionin 2019, comparedwith €376.8 million in 2018. The application of IFRS 16 had an impact of €7.7 millionon operating income in 2019 (see break down in Note 16.1). Lease payments not restated total €18.3 million(including €14 millionin respect of theexclusionof short-termleases). Other incomeand expenses breakdown asfollows:

2019

2018

(In thousandsof euros)

Restructuring/relocation/reorganization

(12,859) (46,411)

(2,775)

Transaction costs

(33,625) (54,090) (18,468) (108,958)

Impairment oftrademarks Other incomeandexpenses

-

(22,711)

OTHERINCOMEANDEXPENSES

(81,981)

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