LEGRAND / 2018 Registration document

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APPENDIX APPENDIX 1

APPENDIX 1

Financial statements December 31, 2018

Statement of income

2018

2017

(in € thousands)

Operating income Revenue

18,592

17,592

Other operating income

1,245

4,910

TOTAL OPERATING INCOME Operating expenses Change in goods inventory Change in supplies inventory Purchases and external charges Taxes other than on income Employee benefits expense Amortization and provision expense

19,837

22,502

0 0

0 0

(6,525)

(8,970)

(707)

(972)

(9,657) (1,373)

(8,925) (2,635)

Other operating expenses

(656)

(598)

TOTAL OPERATING EXPENSES

(18,918)

(22,100)

Operating profit Financial income Dividend income

919

402

249,851

249,851

Interest income frommarketable securities and receivables, net

5,173

1,290

Provision reversals and expense transfers

0 1 0

0 3 0

Exchange gains

Other financial income

TOTAL FINANCIAL INCOME

255,025

251,144

Financial expense Amortization and provision expense

(3,418)

(1,356)

Exchange losses

0

(2)

Finance costs and other

(41,609) (45,027) 209,998 210,917

(45,686) (47,044) 204,100 204,502

TOTAL FINANCIAL EXPENSE

Financial income and expense, net

Recurring profit before tax

Non-recurring income and expense, net

149

1,202

Profit before tax and employee profit-sharing

211,066

205,704

Employee profit-sharing

(161)

(115)

Income tax benefit

16,630

41,459

PROFIT FOR THE PERIOD

227,535

247,048

The accompanying Notes are an integral part of these financial statements.

338

LEGRAND

REGISTRATION DOCUMENT 2018