SOMFY - Annual Financial Report 2020
02 MANAGEMENT BOARD MANAGEMENT REPORT
LIST OF EXISTING BRANCHES (ARTICLE L. 232-1 OF THE COMMERCIAL CODE)
Somfy had no such branches at 31 December 2020.
VALUE OF INTERCOMPANY LOANS GRANTED (ARTICLE L. 511-6 3 BIS OF THE MONETARY AND FINANCIAL CODE)
Somfy SA had not granted any intercompany loans at 31 December 2020.
INFORMATION ON PAYMENT TERMS (ARTICLE L. 441-6-1 OF THE COMMERCIAL CODE)
Trade receivables specific to Somfy SA’s activity represent payment terms generally less than 45 days from the end of the month.
Article D. 441 l.-1°: Invoices received , unpaid and overdue at year-end
Article D. 441 l.-2°: Invoices issued , unpaid and overdue at year-end
0 day (for
1 to 30 days
31 to 60 days
61 to 90 days
91 days or more
Total (1 day or more)
0 day (for
1 to 30 days
31 to 60 days
61 to 90 days
91 days or more
Total (1 day or more)
informa- tion only)
informa- tion only)
(A) Late payment ranges Number of invoices concerned
–
29
–
–
–
–
–
17
Total value of invoices concerned exc. VAT Percentage of total value of purchases exc. VAT over the financial year Percentage of revenue exc. VAT over the financial year
–
1,355,513
–
–
–
–
– 754,315
–
–
–
–
14.11% –
–
–
–
–
–
20.18% –
–
–
–
(B) Invoices excluded from (A) relating to contested or unrecorded trade payables and receivables Number of invoices excluded – – – – – – – – – – – – Total value of invoices excluded exc. VAT – – – – – – – – – – – – (C) Standard payment terms used (contractual or statutory period - Article L. 441-6 or Article L. 443-1 of the Commercial Code) Payment terms used for calculating late payments Contractual terms R Contractual terms: Within 10 days after the end of the month R Statutory terms * Statutory terms *
32
SOMFY – ANNUAL FINANCIAL REPORT 2020
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