LEGRAND / 2018 Registration document

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CONSOLIDATED FINANCIAL INFORMATION CONCERNING THE GROUP’S ASSETS, LIABILITIES, FINANCIAL POSITION AND RESULTS

CONSOLIDATED FINANCIAL STATEMENTS IN ACCORDANCE WITH IFRS FOR THE YEARS ENDED DECEMBER 31, 2018 AND DECEMBER 31, 2017

December 31, 2017

Assets under construction and other

Machinery and equipment

Land

Buildings

Total

(in € millions)

Gross value At the beginning of the period

56.9

622.5

1,721.7

300.4

2,701.5

W Acquisitions

0.0

7.1

33.9

90.5

131.5

W Disposals

(1.2)

(18.3)

(46.0)

(11.2)

(76.7)

W Transfers and changes in scope of consolidation

2.4

31.4

83.9

(51.9)

65.8

W Translation adjustments

(2.5)

(15.0)

(47.0)

(21.0)

(85.5)

At the end of the period

55.6

627.7

1,746.5

306.8

2,736.6

Depreciation and impairment At the beginning of the period

0.0

(413.2)

(1,498.3)

(192.6)

(2,104.1)

W Depreciation expense

0.0

(18.5)

(67.1)

(14.2)

(99.8)

W Reversals

0.0

14.4

45.1

9.9

69.4

W Transfers and changes in scope of consolidation

0.0

(5.8)

(20.9)

(12.4)

(39.1)

W Translation adjustments

0.0

8.4

35.5

15.5

59.4

At the end of the period

0.0

(414.7)

(1,505.7)

(193.8)

(2,114.2)

Net value At the beginning of the period

56.9

209.3

223.4

107.8

597.4

W Acquisitions/Depreciation

0.0

(11.4)

(33.2)

76.3

31.7

W Disposals/Reversals

(1.2)

(3.9)

(0.9)

(1.3)

(7.3)

W Transfers and changes in scope of consolidation

2.4

25.6

63.0

(64.3)

26.7

W Translation adjustments

(2.5)

(6.6)

(11.5)

(5.5)

(26.1)

At the end of the period

55.6

213.0

240.8

113.0

622.4

3.3.2 Property, plant and equipment held under finance leases

December 31, 2018

December 31, 2017

(in € millions)

Buildings

35.9

36.1

Other

0.3

0.3

Gross value at the end of the period

36.2

36.4

Less accumulated depreciation

(13.0)

(12.0)

NET VALUE AT THE END OF THE PERIOD

23.2

24.4

3.3.3 Liabilities recorded in the balance sheet arising from finance leases

December 31, 2018

December 31, 2017

(in € millions)

Long-term borrowings

6.5

8.0

Short-term borrowings

1.5

1.3

TOTAL

8.0

9.3

274

LEGRAND

REGISTRATION DOCUMENT 2018