SOMFY - Annual financial report 2018

First page Table of contents Next page Last page
MESSAGE FROM THE MANAGEMENT BOARD3
CONTENTS4
01 INVESTOR RELATIONS7
BREAKDOWN OF CAPITAL IN %8
CAPITAL8
GROSS DIVIDEND8
NET PROFIT8
LISTING8
CONTRACT8
2019 FINANCIAL CALENDAR8
02 ORGANISATION9
SUPERVISORY BOARD10
AUDIT COMMITTEE10
REMUNERATION COMMITTEE10
MANAGEMENT BOARD10
AUDITORS10
FOR FURTHER INFORMATION10
03 OVERVIEW OF THE CONSOLIDATED FINANCIAL STATEMENTS11
04 MANAGEMENT BOARD MANAGEMENT REPORT13
HIGHLIGHTS OF THE YEAR14
PRESENTATION OF FINANCIAL STATEMENTS15
STOCK MARKET PERFORMANCE17
POST-BALANCE SHEET EVENT17
OUTLOOK17
LIST OF EXISTING BRANCHES17
VALUE OF INTERCOMPANY LOANS GRANTED17
INFORMATION ON PAYMENT TERMS18
INFORMATION ON THE DISTRIBUTION OF SHARE CAPITAL AND HOLDINGS19
INFORMATION ON TRANSACTIONS PERFORMED BY DIRECTORS DURING THE FINANCIAL YEAR21
INFORMATION ON RESEARCH AND DEVELOPMENT ACTIVITIES22
NON-FINANCIAL PERFORMANCE STATEMENT25
05 REPORT ON CORPORATE GOVERNANCE49
CORPORATE GOVERNANCE50
INFORMATION ON REMUNERATION56
INFORMATION ON ELEMENTS LIABLE TO HAVE AN IMPACT IN THE EVENT OF A PUBLIC OFFERING62
OBSERVATIONS OF THE SUPERVISORY BOARD ON THE MANAGEMENT BOARD’S MANAGEMENT REPORT AND THE FINANCIAL STATEMENTS FOR THE YEAR JUST ENDED63
06 SOMFY SA FINANCIAL RESULTS FOR THE LAST FIVE YEARS65
07 CONSOLIDATED FINANCIAL STATEMENTS67
KEY FIGURES68
2018 HIGHLIGHTS71
POST-BALANCE SHEET EVENT72
CONSOLIDATED INCOME STATEMENT73
CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME74
CONSOLIDATED BALANCE SHEET - ASSETS75
CONSOLIDATED BALANCE SHEET - EQUITY AND LIABILITIES76
CONSOLIDATED STATEMENT OF CHANGES IN EQUITY77
CONSOLIDATED CASH FLOW STATEMENT78
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS79
08 PARENT COMPANY FINANCIAL STATEMENTS125
INCOME STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2018126
BALANCE SHEET AT 31 DECEMBER 2018127
PROPOSED ALLOCATION OF 2018 PROFIT127
NOTES TO THE SOMFY SA FINANCIAL STATEMENTS128
09 LEGAL DOCUMENTS143
STATUTORY AUDITORS’ REPORT ON THE PARENT COMPANY FINANCIAL STATEMENTS144
STATUTORY AUDITORS’ SPECIAL REPORT ON REGULATED AGREEMENTS AND COMMITMENTS147
STATUTORY AUDITORS’ REPORT ON THE CONSOLIDATED FINANCIAL STATEMENTS148
INDEPENDENT VERIFIER’S REPORT ON THE CONSOLIDATED NON-FINANCIAL PERFORMANCE STATEMENT PRESENTED IN THE MANAGEMENT REPORT151
STATUTORY AUDITORS’ REPORT ON THE AUTHORISATION TO ALLOCATE EXISTING OR TO BE ISSUED SHARES FREE OF CHARGE154
DRAFT RESOLUTIONS TO THE COMBINED GENERAL MEETING OF 22 MAY 2019155
STATEMENT OF THE PERSON RESPONSIBLE FOR THE ANNUAL FINANCIAL REPORT158

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