SOMFY - Annual financial report 2018

07 CONSOLIDATED FINANCIAL STATEMENTS

Property, plant and equipment by type Note 5.3.1

Land Buildings

Plant, machinery and tools

Other In progress and advance payments

Total

€ thousands

574,173 47,881 -11,215

Gross value at 1 January 2018

22,525 176,070 269,925

74,600 6,296 -4,811

31,053 32,752

Acquisitions

98

464 -83

8,271 -6,229

Disposals

-92

–

-1,730

Impact of changes in foreign exchange rates Impact of changes in consolidation scope and method

-148

-368

-808

-196

-209

-57,389

–

-27,166

-11,718

-11,920

-6,585

6

Other movements

327

12,551

18,739

3,213

-34,825

AT 31 DECEMBER 2018

22,710 161,468 278,180

67,182 -50,061 -6,810

22,187 551,726

-302,159 -31,663

Accumulated depreciation at 1 January 2018

-832 -242

-82,406 -168,861

– – – –

Depreciation charge for the period

-5,750

-18,861

10,216

Disposals

92 17

71

5,796

4,257

195

Impact of changes in foreign exchange rates Impact of changes in consolidation scope and method

-60

198

40

15,595

–

4,765

5,352

5,478

–

-10

Other movements

–

–

–

-10

–

AT 31 DECEMBER 2018

-965

-83,380 -176,376 78,087 101,804

-47,106 20,076

– -307,828

NET VALUE AT 31 DECEMBER 2018

21,745

22,187 243,898

The change in consolidation method mainly concerns Dooya (see Highlights).

Land Buildings

Plant, machinery and tools

Other In progress and advance payments

Total

€ thousands

534,241 55,693 -12,430

Gross value at 1 January 2017

21,600 170,238 244,464

70,048 10,184 -3,827 -1,794

27,890 32,897

Acquisitions

255

682 -26

11,676 -8,576

Disposals

–

–

-3,353

Impact of changes in foreign exchange rates Impact of changes in consolidation scope

242

-1,418

-417

34

–

–

–

–

–

–

Other movements

21

428

6,593

22,779

-11

-29,769

AT 31 DECEMBER 2017

22,525 176,070 269,925

74,600 -46,606 -8,602

31,053 574,173

-279,684 -34,751

Accumulated depreciation at 1 January 2017

-601 -209

-74,479 -157,998

– – – – – –

Depreciation charge for the period

-7,034

-18,906

10,247

Disposals

–

26

7,422

2,800 1,018

2,099

Impact of changes in foreign exchange rates Impact of changes in consolidation scope

-22

443

660

–

– –

–

–

–

Other movements

-71

-1,361

-39

1,329

AT 31 DECEMBER 2017

-832

-82,406 -168,861 93,664 101,064

-50,061 24,539

– -302,159

NET VALUE AT 31 DECEMBER 2017

21,693

31,053 272,014

There is no significant property, plant and equipment (buildings, machinery and tools) in continuing use, with a net book value of zero. There are no contractual commitments to purchase property, plant and equipment.

98

SOMFY – ANNUAL FINANCIAL REPORT 2018