Plastic Omnium // 2021 Universal Registration Document

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

Bank counterparty risk 6.3.2 The Group invests its cash surplus with leading banks and/or in highly-rated securities. 6.4 The Group must at all times have sufficient financial resources to finance the current business and the investments required to support its development, but also to withstand any exceptional events. Liquidity risk

This objective is mainly achieved by using medium-term lines of credit with banking institutions but also by short-term bank resources. The cash position of the Group is monitored daily for each business division and at central level, and a weekly summary report is submitted to the Group’s Senior Executives.

6.4.1

Other long-term financial receivables – carrying

amounts and undiscounted values Undiscounted values can be reconciled with the information in the table in Note 6.4.2 on “Liquidity risk by maturity”. None at December 31, 2021.

Liquidity risk by maturity 6.4.2 Liquidity risk by maturity is calculated on the basis of the undiscounted contractual cash-flows of financial assets and liabilities. The liquidity risk analysis shows the following: At December 31, 2021

December 31, 2021

Less than 1 year

1 to 5 years

More than 5 years

In thousands of euros

FINANCIAL ASSETS Non-consolidated equity interests

136

-

136

-

Long-term investments in equities and funds

78,071

-

78,071

-

Other financial assets

9,351

-

9,351

-

Finance receivables (1)

3,000

3,000

-

-

Trade receivables (2)

734,277

731,842

2,435

-

-

Other current financial assets and financial receivables

43

43

-

Hedging instruments

91

91

-

-

5

Cash and cash equivalents

892,636

892,636

-

-

TOTAL FINANCIAL ASSETS

1,717,605

1,627,612

89,993

-

FINANCIAL LIABILITIES Non-current borrowings (3)

1,358,561

-

1,302,370

56,191

Bank overdrafts

11,264

11,264

-

-

Current borrowings (4)

516,509

516,509

-

-

Hedging instruments

1,434

1,434

-

-

Trade payables

1,264,426

1,264,426

-

-

TOTAL FINANCIAL LIABILITIES

3,152,194

1,793,633

1,302,370

56,191

FINANCIAL ASSETS AND FINANCIAL LIABILITIES – NET (5)

(1,434,589)

(166,021)

(1,212,377)

(56,191)

Undiscounted amounts (see Notes 5.1.8 “Current financial receivables” and 6.4.1 “Other long-term financial receivables”). (1) “Trade receivables” includes €26,275 thousand past due at December 31, 2021 against €31,145 thousand at December 31, 2020. See Note 6.3.1 on (2) “Customer risk”. “Non-current borrowings” includes the amounts reported in the balance sheet and interest payable over the remaining life of the borrowings. (3) “Current borrowings” includes the amounts reported in the balance sheet and interest due within one year. (4) See Note 5.2.6.6 on confirmed medium-term credit lines compared to usage: in 2021 and 2020, the confirmed and unused bank lines amply covered the (5) Group’s cumulative medium-term financing requirements.

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PLASTIC OMNIUM UNIVERSAL REGISTRATION DOCUMENT 2021