PERNOD-RICARD - URD 2020-21

____ 6. CONSOLIDATED FINANCIAL STATEMENTS NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

6.6

Notes to the consolidated financial statements

DETAILED CONTENTS FOR THE NOTES

Note 1 Note 1.1 Note 1.2

Accounting policies and significant events

193 193 195

Note 5

Notes to the cash flow statement

227

Accounting policies

Note 6 Note 6.1

Additional information

227 227 228 231 233 233 234 235

Significant events during the financial year

Shareholders’ equity

Note 2

Segment information

196

Share-based payments Note 6.2

Off-balance sheet commitments Note 6.3

Note 3 Note 3.1

Notes to the income statement Other operating income and expenses

198 198 198 199 201 201 202 202 204 206

Contingent liabilities Note 6.4

Disputes Note 6.5

Financial income/(expense) Note 3.2 Corporate income tax Note 3.3

Related parties Note 6.6 Subsequent events Note 6.7

Earnings per share Note 3.4 Expenses by type Note 3.5

Fees of the Statutory Auditors and members Note 6.8 of their networks for the 12-month financial year(1)

235

Note 4 Note 4.1

Notes to the balance sheet Intangible assets and goodwill

Note 7 Note 7.1 Note 7.2

Consolidation scope Consolidation scope

235 235 236

Property, plant and equipment Note 4.2

List of main consolidated companies

Financial assets Note 4.3

Inventories and work in progress Note 4.4 207 Trade receivables and other operating receivables Note 4.5 209 Other current assets Note 4.6 210 Provisions Note 4.7 210 Financial liabilities Note 4.8 216 Financial instruments Note 4.9 221 Interest rate, foreign exchange Note 4.10 and commodity derivatives 223 Other operating payables Note 4.11 227 Assets held for sale and related liabilities Note 4.12 227

Pernod Ricard SA is a French public limited company ( Société Anonyme), subject to all laws governing commercial companies in France, including in particular the provisions of the French Commercial Code. The Company is headquartered at 5 cours Paul Ricard, 75008 Paris, France and is listed on the Euronext exchange. The consolidated financial statements reflect the accounting position of Pernod Ricard and its affiliates (the “Group”). They are reported in millions of euros (€), rounded to the nearest million. The Group manufactures and sells wines and spirits. The Board of Directors approved the consolidated financial statements for the financial year ended 30 June 2021 on 31 August 2021.

192

PERNOD RICARD UNIVERSAL REGISTRATION DOCUMENT 2020-2021