PERNOD-RICARD - URD 2021-22 EN

Annual consolidated financial statements Notes to the consolidated financial statements

Other current liabilities Note 4.11.

Other current liabilities are broken down as follows:

30.06.2022

30.06.2021

€ million

Taxes and social payables

718 416

786 526

Other current liabilities

Total

1,134

1,311

Other current liabilities at 30 June 2022 mainly comprise the interim dividend payment of €401 million on 8 July 2022. Most of these other current liabilities are due within one year.

Note 5

Notes to the cash flow statement

Working Capital Requirement 1. Working Capital Requirements increased by +€252 million. It is mainly explained as follows: inventory: +€632 million;

Bond issues/repayment of debt 3. During the financial year, the Pernod Ricard Group carried out bond issuance/subscriptions for €1,564 million and repayment of debt for €493 million. These transactions mainly correspond to the bond subscriptions and redemptions described in paragraph 1.2 of Note 1.2 – Significant events during the financial year . In addition, the Group increased the stock of commercial paper for €173 million. The Group also paid €127 million in respect of its lease liabilities, of which €115 million related to repayment of the nominal amount and €12 million to interest payments reported in cash flows from operating activities.

trade receivables: +€185 million; trade payables: €(550) million; others: €(15) million.

Acquisitions of financial investments and activities The acquisitions of financial investments and activities net of disposals generated a cash outflow of €(723) million, mainly related to acquisitions and disposals of activities in the period, related in particular to the transactions described in paragraph 1.1 of Note 1.2 – Significant events during the financial year . 2.

6.

Note 6

Additional information

Note 6.1

Shareholder equity

Share capital 1. In April 2022, the Group reduced its share capital by cancelling 3,929,205 shares previously held that were acquired under the Group’s share buyback programme. Following this transaction, the capital changed to €399,818,400, divided into 257,947,355 shares with a par value of €1.55 each:

Amount € million

Number of shares

Share capital on 30.06.2021 Share capital on 30.06.2022

261,876,560 257,947,355

406 400

All Pernod Ricard shares are issued and fully paid for a nominal value of €1.55. Only one category of Pernod Ricard shares exists. These shares obtain double voting rights if they have been nominally registered for an uninterrupted period of 10 years.

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Pernod Ricard Universal Registration Document 2021-2022