technicolor - 2020 Universal Registration Document

FINANCIAL STATEMENTS TECHNICOLOR 2020 CONSOLIDATED FINANCIAL STATEMENTS

December 31, 2020 December 31, 2019

Note

(in million euros)

EQUITY AND LIABILITIES Common stock (235,795,483 shares at December 31, 2020 with nominal value of €0.01 per share)

(7.1) (7.2)

2

414

Treasury shares

-

-

Subordinated Perpetual Notes Additional paid-in capital & reserves Cumulative translation adjustment

500

500

126

(540) (339)

(456)

Shareholders equity attributable to owners of the parent

173

36

Non-controlling interests

-

-

TOTAL EQUITY

173 325

36

Retirement benefits obligations

(9.2) (10.1)

342

Provisions

33

30

Contract liabilities

2

3

Other operating non-current liabilities Total operating non-current liabilities

(5.1)

21

25

381 948 122

400 979 224

Borrowings

(8.3) (8.3) (8.1) (6.2)

Lease liabilities

Other non-current liabilities

-

1

Deferred tax liabilities

15

27

Total non-current liabilities Retirement benefits obligations

1,466

1,631

(9.2) (10.1)

30 90

33 70

Provisions

Trade accounts and notes payable Accrued employee expenses

710 142

825 134

Contract liabilities

41

40

Other current operating liabilities Total operating current liabilities

(5.1)

215

302

1,228

1,404

Borrowings

(8.3) (8.3)

16 56

8

Lease liabilities

87 41

Income tax payable

21

6

Other current financial liabilities Liabilities classified as held for sale

(8.1) (12)

2

2

56

-

Total current liabilities TOTAL LIABILITIES

1,379 2,845 3,018

1,542 3,173 3,210

TOTAL EQUITY & LIABILITIES

The accompanying notes on pages 207 to 270 are an integral part of these consolidated financial statements.

TECHNICOLOR UNIVERSAL REGISTRATION DOCUMENT 2020 203