SOMFY - Annual financial report 2019
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MANAGEMENT BOARD MANAGEMENT REPORT
Highlights of the year 14 Presentation of financial statements 15
Stock market performance 16 Post-balance sheet event 16 Outlook 16 List of existing branches 17 Value of intercompany loans granted 17 Information on payment terms 17 Information on the distribution of share capital and holdings 18 Information on transactions performed by Directors during the financial year 20 Information on research and development activities 21 2019 non-financial performance statement 21 Information on risks 40 Description of internal control and management of risks procedures relative to the preparation and processing of financial and accounting information 42 Approval of the parent company and consolidated financial statements for the year ended 31 December 2019 44 Information on non-deductible charges 44 Allocation of net profit 44 Combined General Meeting of 13 May 2020 44
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SOMFY – ANNUAL FINANCIAL REPORT 2019
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