QUADIENT - 2020 Universal Registration Document

6

FINANCIAL STATEMENTS Analysis of Quadient S.A.’s annual results

Suppliers are contractually paid within 30 days.

31 January 2021

Number of invoices

Trade receivables – Ageing Not due • Between 1 and 30 days • Between 31 and 60 days • Between 61 and 90 days • More than 90 days •

14.1

103

1.1

17

-

0

0.2

15

1.0

54

TOTAL

16.4

189

Customer payments are contractually collected within 30 days. Trade receivables due for more than 90 days exclusively concern the Italian subsidiaries.

6.3.8

FIVE-YEAR RESULTS TABLE

31/01/2017

31/01/2018 31/01/2019 31/01/2020 31/01/2021

Share capital Capital at year end closing

34.6

34.6

34.6

34.6

34.6

Number of shares

34,562,912 34,562,912 34,562,912 34,562,912 34,562,912

Operations and earnings Sales excluding tax

44.6

45.3

33.8

34.9

33.7

Earning before taxes, depreciation/amortization and provisions

277.0

89.0

97.4

83.1

(6.5)

Income taxes

1.9

9.9

10.3

6.4

6.6

Amortization expense and provisions

1.2

(20.0)

(69.2)

(78.4)

29.5

Net income

280.1

78.9

38.5

11.1

29.6

Distributed earnings

58.6

58.5

18.2

12.0

17.2

Earnings per share (in euros) Earnings after tax, before depreciation/amortization and provisions Earnings after tax, depreciation/amortization and provisions

8.07

2.86

3.12

2.59

0.00

8.10

2.28

1.11

0.32

0.86

Dividends paid

1.70

1.70

0.53

0.35

0.50

Employees Average headcount

35

35

39

42

43

Payroll

5.6

5.6

7.3

8.8

9.6

Employee benefits paid (Social security, social welfare)

2.8

4.9

4.8

4.1

6.3

212

UNIVERSAL REGISTRATION DOCUMENT 2020