technicolor - 2020 Universal Registration Document

FINANCIAL STATEMENTS TECHNICOLOR 2020 CONSOLIDATED FINANCIAL STATEMENTS

Consolidated statement of changes in equity 6.1.5

Equity attribu- table to equity holders of the Group

Addi- tional paid-in capital

Cumu- lative trans- lation

Non- control- ling interest

Total equity

Share Capital

Treasury shares

Perpetual Notes

Other reserves

Retained earnings

(in million euros)

Balance as of December 31, 2018

414 (158)

- - - - - - - - - - - - -

500 (75)

(38)

(372)

271

1

272

Net income (loss)

- - - - - - - - -

- - - -

- - - - - - - - -

-

(230)

-

(230)

- - - - - - - - - - - -

(230)

Other comprehensive income Total comprehensive income for the period Change in Non-controlling interests Variation of treasury shares Capital increases

(41)

-

33

(8)

(8)

(41) (230)

33 (238)

(238)

-

-

-

-

-

-

- - -

-

- - - - -

- 1 -

- 1 -

158

(157)

Dividend paid

-

-

Shared-based payment to employees (1)

- - - - -

2

- -

2

2

Tax impact on equity

-

-

-

Balance as of December 31, 2019

414

500 (114) (426)

(339)

36

36

Net income (loss)

- -

- -

-

(207)

-

(207) (138)

(207) (138)

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 Variation of treasury shares Issuance of warrants

(21)

-

(117)

-

-

-

-

(21) (207)

(117) (345)

-

(345)

(414)

-

-

-

414

-

-

-

-

-

2

- - -

45

- - -

-

- - -

- - -

47

- - -

47

- -

598

(202)

397

397

6

-

38

38

38

-

-

-

-

-

-

-

-

-

-

- - -

- - -

- - -

- - -

- - -

- - -

- - -

- - -

- - -

- - -

Dividend paid

Shared-based payment to employees Transfer of lapsed awards from other reserves to retained earnings

-

-

-

-

-

-

-

-

-

-

- -

- -

- -

- -

(54)

54

- -

- -

- -

- -

Tax impact on equity

-

-

BALANCE AS OF DECEMBER 31, 2020

2

-

643 500 61 (579) (456)

173

-

173

Fair value of Share Based Compensation plans. (1)

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

TECHNICOLOR UNIVERSAL REGISTRATION DOCUMENT 2020 205