SOMFY - Annual Financial Report 2020

First page Table of contents Next page Last page
1. PRESENTATION OF THE GROUP3
JOINT INTERVIEW OF THE MANAGEMENT BOARD4
PROFILE6
INVESTOR RELATIONS16
ORGANISATION17
2. MANAGEMENT BOARD MANAGEMENT REPORT19
HIGHLIGHTS OF THE YEAR20
PRESENTATION OF FINANCIAL STATEMENTS22
STOCK MARKET PERFORMANCE23
POST-BALANCE SHEET EVENTS23
OUTLOOK24
RISK MANAGEMENT AND INTERNAL CONTROL25
NON-FINANCIAL STATEMENT31
INFORMATION ON RESEARCH AND DEVELOPMENT ACTIVITIES31
LIST OF EXISTING BRANCHES32
VALUE OF INTERCOMPANY LOANS GRANTED32
INFORMATION ON PAYMENT TERMS32
INFORMATION ON THE DISTRIBUTION OF SHARE CAPITAL AND HOLDINGS33
INFORMATION ON TRANSACTIONS PERFORMED BY DIRECTORS DURING THE FINANCIAL YEAR35
APPROVAL OF THE PARENT COMPANY AND CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 202036
INFORMATION ON NON-DEDUCTIBLE CHARGES36
ALLOCATION OF NET PROFIT36
COMBINED GENERAL MEETING OF 2 JUNE 202136
APPENDIX: SOMFY SA FINANCIAL RESULTS FOR THE LAST FIVE YEARS42
3. NON-FINANCIAL STATEMENT43
PRESENTATION OF THE BUSINESS MODEL44
PRESENTATION OF THE GROUP’S SUSTAINABLE DEVELOPMENT STRATEGY46
PRESENTATION OF NON-FINANCIAL RISKS47
SOMFY’S RESPONSES TO NON-FINANCIAL RISKS49
METHODOLOGY NOTE63
4. REPORT ON CORPORATE GOVERNANCE65
CORPORATE GOVERNANCE66
INFORMATION ON REMUNERATION74
INFORMATION ON ELEMENTS LIABLE TO HAVE AN IMPACT IN THE EVENT OF A PUBLIC OFFERING95
OBSERVATIONS OF THE SUPERVISORY BOARD ON THE MANAGEMENT BOARD’S MANAGEMENT REPORT AND THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR95
5. CONSOLIDATED FINANCIAL STATEMENTS97
KEY FIGURES98
2020 HIGHLIGHTS102
POST-BALANCE SHEET EVENTS103
CONSOLIDATED INCOME STATEMENT105
CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME106
CONSOLIDATED CASH FLOW STATEMENT107
CONSOLIDATED BALANCE SHEET - ASSETS108
CONSOLIDATED BALANCE SHEET - EQUITY AND LIABILITIES109
CONSOLIDATED STATEMENT OF CHANGES IN EQUITY110
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS111
6. PARENT COMPANY FINANCIAL STATEMENTS153
INCOME STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2020154
BALANCE SHEET AT 31 DECEMBER 2020155
PROPOSED ALLOCATION OF 2020 PROFIT155
NOTES TO THE SOMFY SA FINANCIAL STATEMENTS156
7. LEGAL DOCUMENTS171
STATUTORY AUDITORS’ REPORT ON THE PARENT COMPANY FINANCIAL STATEMENTS172
STATUTORY AUDITORS’ SPECIAL REPORT ON REGULATED AGREEMENTS176
STATUTORY AUDITORS’ REPORT ON THE CONSOLIDATED FINANCIAL STATEMENTS177
REPORT BY ONE OF THE STATUTORY AUDITORS, APPOINTED AS INDEPENDENT THIRD PARTY, ON THE CONSOLIDATED NON-FINANCIAL STATEMENT180
STATUTORY AUDITORS’ REPORT ON THE AUTHORISATION TO ALLOCATE SHARE PURCHASE OPTIONS183
DRAFT RESOLUTIONS TO THE COMBINED GENERAL MEETING OF 2 JUNE 2021184
STATEMENT FROM THE INDIVIDUAL RESPONSIBLE FOR THE ANNUAL FINANCIAL REPORT188
8. RECENT EVENT189

Made with FlippingBook Ebook Creator