Plastic Omnium // 2021 Universal Registration Document

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CONSOLIDATED FINANCIAL STATEMENTS 2021 Consolidated financial statements at December 31, 2021

EQUITY INVESTMENTS IN ASSOCIATES AND JOINT VENTURES: Equity investments in associates and joint ventures correspond respectively to investments by the Group in the following companies:

December 31, 2021

December 31, 2020

2021 % interest

2020 % interest

In thousands of euros

HBPO – SHB Automotive Modules

33.34%

33.34%

16,405

15,088

JV Yanfeng Plastic Omnium and its subsidiaries – joint venture

49.95%

49.95%

184,138

151,668

BPO AS – joint venture

49.98%

49.98%

7,263

13,416

EKPO Fuel Cell Technologies (1)

40.00%

-

96,471

-

TOTAL INVESTMENTS IN ASSOCIATES AND JOINT VENTURES

304,277

180,172

Other non-consolidated equity investments

136

170

TOTAL NON-CONSOLIDATED EQUITY INVESTMENTS

136

170

TOTAL INVESTMENTS CONSOLIDATED BY THE EQUITY METHOD AND NON-CONSOLIDATED EQUITY INSTRUMENTS

304,413

180,342

See Note 2.2.2.1 “Company acquisition and equity investment in the German Group ElringKlinger AG” in the “Other significant events of the period” and Note 4.4 (1) “Share of profit (loss) of associates and joint ventures”.

Investments in these entities include goodwill by segment for the following amounts:

December 31, 2021

December 31, 2020

In thousands of euros

Goodwill in associates and joint ventures – Industries segment (1)

39,131

21,080

Goodwill in associates and joint ventures – Modules segment

3,858

4,257

TOTAL GOODWILL IN ASSOCIATES AND JOINT VENTURES

42,989

25,337

The change over the period corresponds mainly to the recognition of the provisional goodwill on EKPO Fuel Cell Technologies for €16,909 thousand. (1) See Note 2.2.2.1.2 in “Significant events of the period”.

In view of the individual contribution of less than 10% of joint ventures and associates to the Group’s main financial indicators, the summary balance sheet and income statement aggregates presented below include: the joint venture YFPO and its subsidiaries after elimination of internal ● transactions;

the Samlip associate of HBPO; ● the BPO joint-venture; and ● the associate EKPO Fuel Cell Technologies. ●

December 31, 2021

December 31, 2020

In thousands of euros

Non-current assets

614,684

388,991

Current assets

1,512,819

1,163,324

TOTAL ASSETS

2,127,503

1,552,315

Shareholders’ equity

566,919

275,321

Non-current liabilities

141,601

96,952

Current liabilities

1,418,984

1,180,042

TOTAL EQUITY AND LIABILITIES

2,127,503

1,552,315

Revenue

1,798,114

1,509,849

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PLASTIC OMNIUM UNIVERSAL REGISTRATION DOCUMENT 2021