Saint-Gobain // Universal Registration Document 2021

Financial and accounting information Compagnie de Saint-Gobain 2021 annual financial statements (parent company)

Property, plant and equipment NOTE 7

Property, plant and equipment

Depreciation

Net value

Accumu

Gross at Jan. 1,

Disposals (retire ments)

Transfer of PPE under construction

Gross at Dec. 31, 2021

Accumu

lated at Dec. 31, 2021

lated at Jan. 1, 2021 Increases Decreases

at Dec. 31, 2021

2021 Additions

(in EUR million)

Land Buildings

1

1

1

1

Other

89

1

(3)

1

88

11

9

(3)

17

71

Assets under construction Prepayments TOTAL

1

(1)

90

3

(4)

0

89

12

9

(3)

18

71

The change in property, plant and equipment reflects the disposal of furniture and fixtures and fittings at the German branch.

Financial investments NOTE 8

Financial investments

Gross at Jan. 1, 2021

Gross at Dec. 31, 2021

Increases

Decreases

(in EUR million)

Investments in subsidiaries and affiliates

13,003 13,685

1,302 3,195

(412)

13,893 12,766

Loans and advances to subsidiaries and affiliates

(4,114) (805) (439)

Other investment securities

12

793 806

0

Loans

457

824

Other financial investments

1

1

(1)

1

TOTAL

27,158

6,097

(5,771)

27,484

Impairment

Gross at Jan. 1, 2021

Gross at Dec. 31, 2021

Increases

Decreases

(in EUR million)

Investments in subsidiaries and affiliates

400

1

(345)

56

Loans and advances to subsidiaries and affiliates

0 0 0 0

Other investment securities

1

(1)

8

Loans

Other financial investments

TOTAL

401

1

(346)

56

In 2021, changes in the gross value of investments in subsidiaries and affiliates mainly result from the €412 million capital reduction at SG Benelux, the €1,100 million capital increase at SG Europe du Nord and the €200 million capital increase at Partidis. Most loans and advances to subsidiaries and affiliates are due in more than one year.

Movements in other investment securities correspond mainly to treasury shares (see the section below). In 2021, the change in provisions for impairment of investments is mainly due to a write-back of €345 million from the provision, including €333 million relating to SG Europe du Nord and €12 million to SG Innovative Materials Belgium.

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