SOMFY_HALF-YEAR_FINANCIAL_REPORT_2018

02 2018 CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS

NOTESTOTHECONSOLIDATEDFINANCIALSTATEMENTS

HIGHLIGHTS NOTE 1 15

25

INTANGIBLE ASSETS AND NOTE 8

PROPERTY, PLANT AND EQUIPMENT

Change in Dooya’s position and consolidation

Note 1.1

15

method within the Group

Note 8.1 25 Note 8.2 26 Note 8.3 26

Goodwill and impairment tests

Note 1.2

Purchase of the remaining 49% of the share

15

Other intangible assets

capital of iHome

Property, plant and equipment

Note 1.3 15 Note 1.4 15 Note 1.5 15 Note 1.6 15

Exercise of the Neocontrol call option Changes to the consolidation scope Renegotiation of Myfox’s earnouts

27

DIVIDENDS AND EARNINGS PER NOTE 9 SHARE

Contingent liabilities

Note 9.1 27 Note 9.2 27

Dividends

Earnings per share

POST BALANCE SHEET EVENT NOTE 2 16 ACCOUNTING RULES AND NOTE 3 METHODS 16 Compliance with accounting standards Note 3.1 16 Judgements and estimates Note 3.2 16 New applicable standards and interpretations Note 3.3 16

FINANCIAL ITEMS NOTE 10 27

Note 10.1 27 Note 10.2 28

Net financial income/(expense) Financial assets and liabilities

29

ANALYSIS OF CASH FLOW NOTE 11 STATEMENT

Note 11.1 29 Note 11.2 29

Cash and cash equivalents

18

RESTATEMENT OF NOTE 4

Change in working capital requirements

PREVIOUSLY-PUBLISHED FINANCIAL STATEMENTS Allocation of the acquisition cost of Myfox

30

PROVISIONS AND CONTINGENT NOTE 12 LIABILITIES

Note 4.1 18 Note 4.2 19

Application of IFRS 5

Note 12.1 30 Note 12.2 30

Provisions

Contingent liabilities

OPERATIONS TREATED IN NOTE 5 ACCORDANCE WITH IFRS 5 – MAJOR IMPACTS SEGMENT REPORTING NOTE 6 22 PERFORMANCE-RELATED DATA NOTE 7 23 Sales by customer location Note 7.1 23 Other operating income and expenses Note 7.2 23 Alternative performance measures Note 7.3 24 Inventories Note 7.4 24 Other non-current and current receivables Note 7.5 24 21

WORKFORCE NOTE 13 30 INCOME TAX NOTE 14 31 INVESTMENTS IN ASSOCIATES AND NOTE 15 JOINT VENTURES, AND RELATED PARTIES 31 Investments in associates and joint ventures Note 15.1 31 Related parties Note 15.2 32

LIST OF CONSOLIDATED ENTITIES NOTE 16 33

14

SOMFY – HALF-YEAR FINANCIAL REPORT 2018