SOMFY - Annual financial report 2019

08 PARENT COMPANY FINANCIAL STATEMENTS

BALANCE SHEET AT 31 DECEMBER 2019

BALANCE SHEET - ASSETS —

31/12/19 Net

31/12/18 Net

€ thousands

Non-current assets Intangible assets

1 –

1 –

Property, plant and equipment

Financial assets

403,001 403,002

409,355 409,355

Total Non-current assets

Current assets Inventories and work-in progress

–

–

Trade receivables

1,052

1,205

Other receivables and accruals

74,111 163,022 256,162 494,347 897,349

77,776 111,893 191,389 382,264 791,619

Marketable securities and term deposits

Cash and cash equivalents

Total Current assets

TOTAL ASSETS

EQUITY AND LIABILITIES — € thousands

31/12/19

31/12/18

Shareholders’ equity Share capital

7,400 1,866

7,400 1,866

Merger and issue premium

Reserves Net profit

533,574 114,988 657,828

483,427 98,241 590,934

Total Shareholders’ equity

Provisions for liabilities and charges Liabilities Borrowings and financial liabilities

6,275

7,756

793

5,876 2,785

Trade payables

1,686

Other payables and accruals

230,766 233,245 897,349

184,268 192,929 791,619

Total Liabilities

TOTAL EQUITY AND LIABILITIES

PROPOSED ALLOCATION OF 2019 PROFIT

Euros

Euros

Source Retained earnings from prior years

Allocation Dividends

3,705,891.00

57,350,000.00 (1) 61,344,026.63 (1) 118,694,026.63

114,988,135.63 118,694,026.63

Net profit for the year

Optional reserves

See information on this subject in the press release of 7 April 2020 in chapter 10 Recent events since 2 March 2020. (1)

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SOMFY – ANNUAL FINANCIAL REPORT 2019