SOMFY // 2022 Annual Report

05 CONSOLIDATED FINANCIAL STATEMENTS

Detailed information Note 10.2.1.2 At 31 December 2022, actuarial losses recognised in reserves amounted to €5.5 million (a negative €7.2 million in “Employee benefits” and a positive €1.7 million in deferred tax).

Movements between 2021 and 2022 can be analysed as follows:

RETIREMENT BENEFITS

2022

2021

France

Other countries

Total

France

Other countries

Total

€ thousands

GROSS COMMITMENTS Opening balance Net expense for the period:

19,395

22,629

42,024

23,580

21,039

44,619

2,601 2,601

1,960 1,960

1,449 1,449

1,152 1,152

1,035 1,035

925 925

– current service cost and financial cost

- - -

- - -

- - -

- - -

- - -

- - -

– return on plan assets – employee contributions

Contributions paid

-280

-532

Benefits paid

-87

-193

-159

-373

-3,835

-2,302 -3,101 1,244

Actuarial gains & losses/Past service cost IFRIC-IC interpretation of IAS 19 Changes in foreign exchange rates Changes in consolidation scope

-3,783

-52

-2,296 -2,901

-6

- -

- -

- -

-200

-

1,244

1,050

136

86

964

136

-

Closing balance PLAN ASSETS Opening balance

17,060

24,500

41,560

19,395

22,629

42,024

-972

-20,336

-21,308

-534

-17,778

-18,312

-416

-385

Net expense for the period:

-8

-408

-3

-382

-

-

-

-

-

-

– current service cost and financial cost

-8

-408

-3

-382

-416

-385

– return on plan assets – employee contributions

- -

-

-

-

-

-

-1,087

-1,581

Contributions paid

-1,087

-600

-981

87

159 263

Benefits paid

87

-

159

-

1,258 -1,173

Actuarial gains & losses

-14

1,272 -1,173

6

257

-1,452

Changes in foreign exchange rates Changes in consolidation scope

- -

- -

-1,452

-

-

-

-

Closing balance

-907

-21,732

-22,639 20,716 18,921

-972

-20,336

-21,308 26,307 20,716

OPENING BALANCE OF PROVISION CLOSING BALANCE OF PROVISION

18,423 16,153

2,293 2,768

23,046 18,423

3,261 2,293

TOTAL MOVEMENTS RECOGNISED AS EXPENSES FOR THE PERIOD

-1,439

-745

-2,184

-1,032

-544

-1,576

124

SOMFY – ANNUAL REPORT 2022