SOMFY_ANNUAL_FINANCIAL_REPORT_2017
07 CONSOLIDATED FINANCIAL STATEMENTS
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
ACCOUNTING PRINCIPLES NOTE 1 77
101
ANALYSIS OF CASH FLOW NOTE 8 STATEMENT
Note 1.1
Consolidated financial statements – Basis for
77
preparation
Note 8.1 101
Cash and cash equivalents Intangible assets and property,
Note 1.2 77 Note 1.3 77 Note 1.4 77
Compliance with accounting standards
Note 8.2
101
plant and equipment
Judgements and estimates
Note 8.3 101
Change in working capital requirements Companies acquisitions and disposals, net of cash acquired or disposed of
New applicable standards and interpretations
Note 8.4
101
CONSOLIDATION SCOPE NOTE 2 79 Consolidation method Note 2.1 79 Foreign exchange translation Note 2.2 79 Business combinations Note 2.3 79
101
PROVISIONS AND CONTINGENT NOTE 9 LIABILITIES
Note 9.1 101 Note 9.2 102
Provisions
Note 2.4
Non-current assets (or groups thereof) held for sale or distribution and discontinued operations
81
Contingent liabilities
EMPLOYEE INFORMATION NOTE 10 103 Workforce Note 10.1 103 Employee benefits Note 10.2 103 Share-based payments Note 10.3 106 CURRENT AND DEFERRED TAX NOTE 11 107 Tax proof Note 11.1 108 Deferred tax recognised in items of other Note 11.2 comprehensive income 108 Analysis by nature Note 11.3 109
SEGMENT REPORTING NOTE 3 82 PERFORMANCE-RELATED DATA NOTE 4 83 Sales Note 4.1 83 Other operating income and expenses Note 4.2 84 Alternative performance measures Note 4.3 84 Inventories Note 4.4 85 Trade receivables Note 4.5 85 Other current and non-current receivables Note 4.6 86 Other current and non-current liabilities Note 4.7 86 PROPERTY, PLANT AND EQUIPMENT NOTE 5 AND INTANGIBLE ASSETS 86 Goodwill and impairment tests Note 5.1 86 Other intangible assets Note 5.2 88 Property, plant and equipment Note 5.3 91 EQUITY AND EARNINGS PER SHARE NOTE 6 94 Equity Note 6.1 94 Earnings per share Note 6.2 94
110
OFF-BALANCE SHEET NOTE 12 COMMITMENTS
Note 12.1 110 Note 12.2 110
Commitments given Commitments received
Note 12.3
Commitments to acquire additional shares in
110
companies not fully-consolidated
110
INVESTMENTS IN ASSOCIATES NOTE 13 AND RELATED PARTIES
Note 13.1 110 Note 13.2 110
Investments in associates Related-party disclosures
FINANCIAL ITEMS NOTE 7 95
STATUTORY AUDITORS’ FEES NOTE 14 111 LIST OF CONSOLIDATED AND NOTE 15 EQUITY-ACCOUNTED ENTITIES 112
Note 7.1 95 Note 7.2 95 Note 7.3 99
Net financial income/(expense) Financial assets and liabilities Financial risk management policy
76
SOMFY – ANNUAL FINANCIAL REPORT 2017
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