SOMFY // 2022 Annual Report

06 PARENT COMPANY FINANCIAL STATEMENTS

WRITEDOWN OF NON-CURRENT ASSETS NOTE 6.3

Amount at 31/12/21

Charges Reversals used

Reversals unused

Merger movements

Other movements

Amount at 31/12/22

€ thousands

Equity investments*

21,627

5,412

- - - -

-749

- - - -

- - - -

26,291

Receivables from equity investments**

4,038

- -

-3,434

604

Other financial assets

-

-

-

25,666

5,412

-4,182

26,896

* Net charges for the financial year primarily relate to shares in SOMFY Brasil. ** These reversals mainly relate to loans to SOMFY Brasil capitalised during the financial year. ANALYSIS OF MATURITY OF RECEIVABLES NOTE 7 — € thousands

Total amount Less than 1 year More than 1 year

Non-current receivables Receivables from equity investments

29,182 10,634

3,083

26,099 10,634

Other financial assets Current receivables Trade receivables

-

1,550

1,550

- - -

Miscellaneous receivables

50,524

50,524

Prepaid expenses and translation adjustment

2,694

2,694

94,583 36,733 Miscellaneous receivables mainly comprise €39,748 thousand of intragroup current accounts, primarily originating from the implementation of cash pooling at Group level. DEFERRED INCOME AND OTHER RECEIVABLES NOTE 8 — € thousands Dividends - Accrued interest on cash accounts 410 Trade receivables, invoices to be issued - Government, tax and duties 24,726 Other 16 The balance of the item “Government, tax and duties” mainly includes tax credits not yet allocated. ASSET TRANSLATION ADJUSTMENTS IN FOREIGN CURRENCY-DENOMINATED DEBTS NOTE 9 AND RECEIVABLES — 57,850

Asset side impact Total

Provision for liability

€ thousands

Bonds

-

-

Receivables from equity investments

278

278

Miscellaneous receivables

18

18

Financial debts

639 934

639 934

144

SOMFY – ANNUAL REPORT 2022