SOMFY // 2022 Annual Report

05 CONSOLIDATED FINANCIAL STATEMENTS

ANALYSIS BY TYPE NOTE 11.3

Of which impact of changes to the consolidation scope

Of which income statement impact

31/12/22

31/12/21

€ thousands

Deferred tax on restatements related to IFRS standards and temporary differences, including:

-34,046

-11,707

-2,081

-18,638

4,244 3,310 2,831 1,656

4,789 3,600 3,140 3,196

159

118

– restatements to employee benefits

53

- - - - -

– restatements resulting from provision methods – restatements due to tax and social liabilities – restatements due to SOPEM tax credits – restatements on the fair value of hedge instruments – restatements resulting from acquisition expenses – restatements related to the fair value of non-current assets – restatements related to differences in amortisation and depreciation – restatements from the capitalisation of development costs – restatements related to leases (IFRS 16)

-296

-1,481

49 71

9

-

236

17

-28,992

-4,183

1,331

-26,123

-5,544

-6,066

501

31

-11,087

-11,180

-83

-

-4,853

-4,417

-414

-

4,268

-831

-1,869 1,701

7,336

– other

Deferred tax on intragroup margins

10,237

8,157

410

Miscellaneous

-60

-60

-

-

TOTAL

-23,869 17,521 -41,390

-3,610 19,165 -22,774

-381

-18,229

DEFERRED TAX ASSETS DEFERRED TAX LIABILITIES

- -

7,454

-26,123

Deferred tax assetsand liabilities for each jurisdiction or entity are offset inaccordance with IAS 12.

OFF-BALANCE SHEET COMMITMENTS NOTE 12 — The Group’s commitments comprise the following:

COMMITMENTS GIVEN NOTE 12.1

COMMITMENTS RECEIVED NOTE 12.2

€ thousands

31/12/22 31/12/21 142,100 147,599

€ thousands

31/12/22 31/12/21

Dooya put option

Guarantees & deposits received, liability guarantees

25,000

5,000

Interest over the remaining terms of loans and lease liabilities Copper forward purchase Foreign currency forward sale and purchase

3,393

2,997

Unused credit lines

300,000 178,000 325,000 183,000

11,197

3,818

TOTAL

-21,218

10,170

COMMITMENTS TO ACQUIRE ADDITIONAL SHARES NOTE 12.3 IN COMPANIES NOT FULLY CONSOLIDATED

TOTAL

135,472 164,583

The put option granted to Dooya’s co-owners has constituted an off-balance sheet commitment since the end of 2018 (the year the consolidation method of Dooya changed). This option has been exercisable since end 2015. Interest over the remaining terms of loans and lease liabilities is calculated only on those loans and lease liabilities with known maturities and not on short-term credit facilities with ad hoc drawings.

Due to the lack of specific IFRS provisions and in accordance with the recommendation issued by the AMF on 4 November 2009, the Group opted for the following accounting treatment in relation to commitments to acquire non-controllinginterests. Upon initial recognition, these commitments are recognised as financial debt at the discounted acquisition value and offset by a reduction in the book value of non-controlling interests. The difference between the book value of the non-controlling interests due to be acquired and the value of the estimated liability is recognised in equity.

129

SOMFY – ANNUAL REPORT 2022