Universal Registration Document 2021

FINANCIAL STATEMENTS TECHNICOLOR 2021 CONSOLIDATED FINANCIAL STATEMENTS

Consolidated statement of changes in equity 6.1.5

Equity attribu- table to equity

Additional paid-in capital

Non- controlling interest

Total equity

holders of the Group

Share Capital

Perpetual Notes

Other reserves

Retained earnings

Cumulative translation

(in million euros)

Balance as of December 31, 2019 (as published) Impact of IFRIC interpretation Balance as of January 1, 2020* Other comprehensive income Total comprehensive income for the period Reclassification of capital decrease to the special reserve following March 23, 2020 General Meeting Capital increases: Subscription of 20,039,121 shares at €2.98 net of fees following September 22, 2020 General Meeting Debt equitization at fair value Transfer of 10% of share premium to legal reserve following September 22, 2020 General Meeting Change in Non-controlling interests Transfer of lapsed awards from other reserves to retained earnings Issuance of warrants Net loss for the year

414

- - - - - -

500 (114)

(426)

(339)

36 (6) 30

- - - - - -

36 (6) 30

-

-

-

(6)

-

414

500 (114)

(432)

(339)

- - -

- - -

-

(211)

-

(211) (137)

(211) (137)

(21) (21)

-

(116) (116)

(211)

(348)

(348)

(414)

-

-

414

-

-

-

-

-

2

45

-

-

-

-

47

-

47

- -

598

- -

(202)

- -

- -

397

- -

397

-

38

38

38

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

(54)

54

-

-

-

-

Tax impact on equity

-

-

-

-

-

-

-

- - - - - - - -

-

Balance as of December 31, 2020*

2

643

500

61

(588) (140)

(454)

165

165

Net loss for the year

- - - - - -

- - - - - -

- - - - - -

-

-

(140)

(140)

6

Other comprehensive income Total comprehensive income for the period

49

-

56 56

105 (35)

105 (35)

49 (140)

Capital increases

- -

- -

- - -

- -

- -

Dividend paid

Shared-based payment to employees

3

3

3

Transfer of lapsed awards from other reserves to retained earnings

-

-

-

(15)

15

-

-

-

-

BALANCE AS OF DECEMBER 31, 2021

2

643

500

99 (712)

(399)

134

-

134

2020 amounts restated considering IFRS IC decision dated April 2021, addressing how costs of configuring and customising a software in a Saas arrangement should be accounted for – * refer to note 1.2.2.

The accompanying notes on pages 218 to 282 are an integral part of these consolidated financial statements.

217

TECHNICOLOR UNIVERSAL REGISTRATION DOCUMENT 2021