SOMFY - Annual Financial Report 2020
05 CONSOLIDATED FINANCIAL STATEMENTS
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
ACCOUNTING PRINCIPLES NOTE 1 112
138
ANALYSIS OF CASH FLOW NOTE 8 STATEMENT
Note 1.1
Consolidated financial statements – Basis for
112
preparation
Note 8.1 138
Cash and cash equivalents
Note 1.2 112 Note 1.3 112 Note 1.4 112
Compliance with accounting standards
Note 8.2
Intangible assets and property, plant
138
and equipment
Judgements and estimates
Note 8.3 138
Change in working capital requirements Business acquisitions and disposals, net of cash
New applicable standards and interpretations
Note 8.4
138
CONSOLIDATION SCOPE NOTE 2 113 Consolidation method Note 2.1 113 Foreign exchange translation Note 2.2 113 Business combinations Note 2.3 114
acquired or disposed of
138
PROVISIONS AND CONTINGENT NOTE 9 LIABILITIES
Note 9.1 138 Note 9.2 139
Provisions
Note 2.4 114
Operations treated in accordance with IFRS 5
Contingent liabilities
SEGMENT REPORTING NOTE 3 115 PERFORMANCE-RELATED DATA NOTE 4 116 Sales Note 4.1 116 Other non-current operating income and Note 4.2 expenses 117 Alternative performance measures Note 4.3 117 Inventories Note 4.4 119 Trade receivables Note 4.5 119 Other current and non-current receivables Note 4.6 120 Other current and non-current liabilities Note 4.7 120
EMPLOYEE INFORMATION NOTE 10 140 Workforce Note 10.1 140 Employee benefits Note 10.2 140 Share-based payments Note 10.3 143 CURRENT AND DEFERRED TAX NOTE 11 144 Tax proof Note 11.1 145 Deferred tax recognised in items of other Note 11.2 comprehensive income 146 Analysis by type Note 11.3 146
147
OFF-BALANCE SHEET NOTE 12 COMMITMENTS
INTANGIBLE ASSETS NOTE 5
121
AND PROPERTY, PLANT AND EQUIPMENT Goodwill and impairment tests
Note 12.1 147 Note 12.2 147
Commitments given Commitments received
Note 5.1 121 Note 5.2 122 Note 5.3 125
Note 12.3
Commitments to acquire additional shares in
147
Other intangible assets
companies not fully-consolidated
Property, plant and equipment
INVESTMENTS IN ASSOCIATES NOTE 13 AND JOINT VENTURES AND RELATED PARTIES
147
EQUITY AND EARNINGS PER SHARE NOTE 6 128 Equity Note 6.1 128 Earnings per share Note 6.2 128
Note 13.1 147 Note 13.2 148
Investments in associates and joint ventures
Related-party disclosures
FINANCIAL ITEMS NOTE 7 129
STATUTORY AUDITORS’ FEES NOTE 14 148 LIST OF CONSOLIDATED AND NOTE 15 EQUITY-ACCOUNTED ENTITIES 149
Note 7.1 129 Note 7.2 129 Note 7.3 135
Net financial income/(expense) Financial assets and liabilities Financial risk management policy
111
SOMFY – ANNUAL FINANCIAL REPORT 2020
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