Plastic Omnium // 2021 Universal Registration Document

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

5.1.9

Trade and other receivables

These non-recourse programs transfer substantially all the risks and rewards of ownership to the buyer of the sold receivables; for these programs, only the non-material dilution risk is not transferred to the buyer. Receivables sold under these programs, which are therefore no longer included in the balance sheet, totaled €351 million at December 31, 2021 versus €327 million at December 31, 2020.

SALE OF RECEIVABLES 5.1.9.1 Compagnie Plastic Omnium SE and some of its European and United States subsidiaries have set up several commercial receivables sale programs with French financial institutions. These programs have an average maturity of more than two years.

5.1.9.2

TRADE RECEIVABLES – GROSS VALUES, IMPAIRMENT AND CARRYING AMOUNTS

December 31, 2021

December 31, 2020

Carrying amount

Carrying amount

Gross value Impairment

Gross value Impairment

In thousands of euros

TRADE RECEIVABLES

745,954

(11,677)

734,277

824,214

(9,814)

814,400

The Group has not identified any significant non-provisioned customer risk over the two periods (see Note 6.3.1 “Customer risk”). OTHER RECEIVABLES 5.1.9.3

December 31, 2021

December 31, 2020

In thousands of euros

Sundry receivables

142,733

89,031

Prepayments to suppliers of tooling and prepaid development costs

13,356

26,529

Income tax receivables (1)

83,197

94,722

Other tax receivables

103,219

96,242

Employee advances

6,777

3,310

Prepayments to suppliers of non-current assets

5,113

8,473

5

OTHER RECEIVABLES 318,307 Over the period, Compagnie Plastic Omnium SE sold tax receivables (research tax credits in France) to a financial institution in the amount of €12.2 million. See (1) Note 2.2.6 in “Significant events of the period”. 354,395

5.1.9.4

TRADE AND OTHER RECEIVABLES BY CURRENCY

December 31, 2021

December 31, 2020

Local currency

Euro

% Local currency

Euro

%

In thousands of currency units

EUR Euro

458,834

458,834

42%

500,699

500,699

44%

USD US dollar

380,352

335,822

31%

393,438

320,624

28%

CNY Chinese yuan

966,108

134,281

12%

1,120,250

139,638

12%

GBP Pound sterling

24,546

29,212

3%

59,970

66,705

6%

Other

-

130,523

12%

-

105,041

9%

TOTAL

1,088,672

100%

1,132,707

100%

Of which: Trade receivables ●

734,277

67%

814,400

72%

354,395

33%

318,307

28%

Other receivables ●

249

PLASTIC OMNIUM UNIVERSAL REGISTRATION DOCUMENT 2021