SOMFY - Half-Year Financial 2020

02 2020 CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS

ANALYSIS OF CASH FLOW STATEMENT NOTE 9 — CASH AND CASH EQUIVALENTS NOTE 9.1

30/06/20 6 months 386,190 387,547

30/06/19 6 months 253,413 259,345

€ thousands

CASH AND CASH EQUIVALENTS AT THE START OF THE PERIOD

Cash and cash equivalents at the start of the period

Bank overdrafts

-1,357

-5,932

CASH AND CASH EQUIVALENTS AT THE END OF THE PERIOD

441,971 442,930

254,304 261,511

Cash and cash equivalents at the end of the period

Bank overdrafts

-959

-7,207

CHANGE IN WORKING CAPITAL REQUIREMENTS NOTE 9.2

30/06/20 6 months

30/06/19 6 months

€ thousands

Net decrease/(increase) in inventory

2,108

633

Net decrease/(increase) in trade receivables Net (decrease)/increase in trade payables Net movement in other receivables and payables CHANGE IN WORKING CAPITAL REQUIREMENTS

-43,052

-61,220 8,648 -1,191 -53,130

996 977

-38,971

PROVISIONS AND CONTINGENT LIABILITIES NOTE 10 — PROVISIONS NOTE 10.1

Non-current provisions Note 10.1.1

Provisions for guarantees

Provisions for litigation

Provision for agents

Provisions for liabilities and charges

Total 2020

€ thousands

8,548

At 1 January 2020

5,111

968 673

465

2,005

947

Charges

170

16

88

-486 -158

Used reversals Unused reversals

-235

-154

-43

-54 -86

—

-71

-1 — — —

-51

Impact of changes in foreign exchange rates

-54

— — —

3

— —

Impact of changes in consolidation scope and method

— —

— —

Other movements AT 30 JUNE 2020

4,992

1,416

437

1,956

8,801

27

SOMFY – HALF-YEAR FINANCIAL REPORT 2020