SOMFY - Annual Financial Report 2020

05 CONSOLIDATED FINANCIAL STATEMENTS

Value 31/12/19

Charges

Used reversals

Unused reversals

Exchange rate movements

Changes in consolidation scope and method

Other move- ments

Value 31/12/20

€ thousands

-10,941

Provision for bad debts

-12,598 -1,200

1,340

936

580

–

–

At 31 December 2020, the maturity profile of trade receivables was as follows:

Overdue between

0 to 3 months

3 to 6 months

6 to 9 months

More than 9 months

€ thousands Gross value

Not overdue

Total

144,005 -10,941

121,060

11,147

1,155

775

9,870 -9,268

Provision

-31

-358

-707

-578

OTHER CURRENT AND NON-CURRENT RECEIVABLES NOTE 4.6

Other current receivables Note 4.6.1

€ thousands

31/12/20

31/12/19

Gross values Receivables from employees Other taxes (including VAT)

569

579

10,434

10,182

Prepaid expenses Other receivables

7,077

6,979

11,317 29,397

18,092

TOTAL 35,833 “Other receivables” notably include current receivables on the disposal of CIAT totalling €9.7 million at 31 December 2020, unchanged from 31 December 2019. Other non-current receivables Note 4.6.2

Other non-current receivables are not material.

OTHER CURRENT AND NON-CURRENT LIABILITIES NOTE 4.7

Other payables are recognised at their nominal value.

Other current liabilities Note 4.7.1

€ thousands

31/12/20

31/12/19

Social liabilities Tax liabilities Deferred income

91,650 12,425

82,948 15,085

315

346

Fixed assets suppliers

2,868

3,539

Other TOTAL

491

544

107,748

102,462

120

SOMFY – ANNUAL FINANCIAL REPORT 2020