Plastic Omnium // 2021 Universal Registration Document

6

2021 STATUTORY FINANCIAL STATEMENTS Notes to the statutory financial statements

N – NET FINANCIAL INCOME (EXPENSE)

In thousands of euros

2021

2020

Dividend income

101,262

152,206

Other financial income and expenses

197

154

Interest income and expense

13,157

8,569

Net gain on disposal of short-term investment securities

-

-

Foreign exchange gains and losses

52

344

Provision charges and reversals

(1,220)

(62,814)

TOTAL

113,448

98,459

Dividend income includes €92.5 million in dividends from French subsidiaries and €8.7 million received from international subsidiaries. The increase in net interest income is due to the decline in interest expenses, due to the repayment of the €500 million bond issue in May 2020.

The net amount of allocations to provisions mainly relates to the amortization of bond redemption premiums in the amount of €0.7 million, an additional charge of €0.1 million in respect of the negative situation of a subsidiary, an additional allocation of €0.1 million on other long-term investments, an allocation of €0.1 million on contingencies and charges and an allocation to provisions of €0.1 million on treasury shares.

O – NON-OPERATING ITEMS

2021

2020

Income

Expenses

Net

Net

In thousands of euros

On revenue transactions

-

8

(8)

-

On disposals of property, plant and equipment

-

-

-

-

On disposal of financial assets

-

-

-

-

On disposal of shares allocated to the plans

19

19

0

Other non-operating income and expenses

977

1,073

(96)

1,701

Invoices to be issued to subsidiaries based on Performance Share Plans

306

-

306

-

Allocations to and reversals of provisions on Performance Share Plans

864

1,170

(306)

122

TOTAL

2,166

2,270

(104)

1,823

Other net non-operating income and expenses correspond to transactions carried out on treasury shares under the stock option programs and the liquidity contract. The costs associated with the free share allocation plans of May 2, 2019, December 11, 2020 and April 23, 2021 will be invoiced by Compagnie Plastic Omnium SE to the subsidiaries whose employees and corporate officers benefit from the plans. The amounts concerned are recognized under “Invoices to be issued to subsidiaries under Free Share Allocation Plans”. Treasury shares allocated to Free Share Allocation Plans are the subject of a provision for expenses of equal amount (see Note D). The reversal of the provision corresponds to the forfeiting of rights, as some beneficiaries left the Group in 2021.

Related companies

Income statement items In thousands of euros

Related companies

Income Net revenue and other operating revenue

30,504

Financial income

132,552

Non-operating income

1,189

Expenses Operating expenses

(10,983)

Financial expenses

(216)

Non-operating expenses

(864)

304

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PLASTIC OMNIUM UNIVERSAL REGISTRATION DOCUMENT 2021