SOMFY - Annual financial report 2019

07 CONSOLIDATED FINANCIAL STATEMENTS

CONSOLIDATED BALANCE SHEET

CONSOLIDATED CASH FLOW STATEMENT

31/12/19

IFRS 16 impacts

31/12/19

IFRS 16 impacts

€ thousands

€ thousands

Assets Net property, plant and equipment Equity and liabilities Shareholders’ equity Other non-current financial liabilities Other current financial liabilities

Cash flow

220,091

13,020

Cost of net financial debt (excluding non-cash items)

297,314

47,594

1,995

1,064

Net cash flow from financing and capital activities

-65,523

-14,084

1,012,849

-681

Change in cash and cash equivalents

132,776

–

45,030

36,307

The total amount paid in respect of leases is €14.1 million.

32,267 11,968 The impact of IFRS 16 on net financial debt at 31 December 2019 was €48.3 million.

Other new standards , including IFRIC 23, had no material impact on the Group’s results and financial position.

Standards, amendments and interpretations whose application is not yet mandatory Note 1.4.2

Standards

Content

Application date

Applicable from 1 January 2020 according to the IASB, not yet approved by the EU Applicable from 1 January 2020 according to the IASB, not yet approved by the EU Applicable from 1 January 2020 according to the IASB, not yet approved by the EU Applicable from 1 January 2020 according to the IASB, not yet approved by the EU

Amendment to IFRS 3

Definition of a Business

Amendments to IFRS 9, IAS 39, and IFRS 7 IBOR Reform – Phase 1

Amendments to IAS 1 and IAS 8

Definition of Material

Amendments to the Conceptual Framework in IFRS Standards

Amendments to References to the Conceptual Framework in IFRS Standards

The Group did not opt for the early application of any of these new standards or amendments and is currently assessing the impact resulting from their initial application. Detailed information is available on the following website: http://www.ifrs.org

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SOMFY – ANNUAL FINANCIAL REPORT 2019