Saint-Gobain // Universal Registration Document 2021

8

Financial and accounting information 2021 Consolidated Financial Statements

8.2 The consolidated financial statements include transactions conducted by the Group in the normal course of its businesses with associates and joint ventures. These transactions are carried out on an arm’s length basis. The assets and liabilities of equity-accounted companies at December 31 are as follows:

Transactions with equity-accounted companies – related parties

Purchases and sales transactions with equity-accounted companies are as follows:

2021

2020

(in EUR millions)

Purchases

63 38

54 36

Sales

Dec. 31, 2021

Dec. 31, 2020

(in EUR millions)

Financial receivables

33

5 2 11 0 0 6 0

Inventories

2

Short-term receivables Cash and cash equivalents Provisions for asset impairment

15

0 0 8 0

Short-term debt Cash advances

Other non-current assets 8.3 Changes in other non-current assets in 2021 and 2020 are analyzed below:

Equity investments and other

Loans, deposits and surety

Pension plan surpluses

Total

(in EUR millions)

At January 1, 2020 Gross value

2,685

574

288

3,547 (36) 3,511

Provisions for impairment

(27)

(9)

NET VALUE

2,658

565

288

Changes during the year Increases (decreases) Provisions for impairment

(2,376)

(97)

61

(2,412)

(1)

(1)

Translation adjustments and restatement for hyperinflation

(6)

(22)

(15)

(43)

Transfers and other movements Changes in Group structure

2

2

(49) (157)

(49) (157)

Changes in fair value Assets held for sale TOTAL CHANGES At December 31, 2020 Gross value Provisions for impairment Changes during the year Increases (decreases) Provisions for impairment NET VALUE

(6)

(6)

(2,588)

(124)

46

(2,666)

92

446

334

872 (27) 845

(22)

(5)

70

441

334

30 (1)

(77)

524

477

(1) 49

Translation adjustments and restatement for hyperinflation

3

10

36

Transfers and other movements Changes in Group structure

17

2

19 21 12

(1)

22

Changes in fair value TOTAL CHANGES At December 31, 2021 Gross value Provisions for impairment

12

60

(43)

560

577

152

403

894

1,449

(22) 130

(5)

(27)

NET VALUE

398

894

1,422

In 2020, changes in the fair value of equity investments related mainly to Sika shares. The decrease in other non-current assets at December 31, 2020 chiefly resulted from the sale of Sika shares (see note 4.2, “Changes in Group structure”).

SAINT-GOBAIN UNIVERSAL REGISTRATION DOCUMENT 2021 314

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