SOMFY - Annual financial report 2018

08 PARENT COMPANY FINANCIAL STATEMENTS

FREE SHARE PLANS NOTE 10.4

Plan date

Plan n° Number of benefi- ciaries

Number of shares allocated

Price per share (€)

Allocation date

Vesting date

Revision of share number related to presence and perfor- mance conditions

Number of shares vested since plan inception

Number of shares not yet vested at 31/12/18

Number of shares potenti- ally vested at 31/12/18

21/02/14 Residents AGA 2 21/02/14 Non-residents AGA 2

86 36,350 35.98 30/06/16 01/07/18 -19,350 -17,000

– – –

N/A N/A N/A

68 21,600 33.97 30/06/18

N/A -12,475 -9,125 – -31,825 -26,125

21/02/14

Total AGA 2

154 57,950

–

–

Residents and non-residents

16/06/17

AGA 3

195 138,325 88.82 01/07/19 01/07/19 -110,324

–

– 28,001

12/11/18 Myfox plan AGA 4

7 5,239 66.26 30/06/21 30/06/21

–

–

– 5,239

BALANCE SHEET PROVISIONS NOTE 11 —

Amount at 31/12/17

Charges Reversals used

Reversals unused

Merger movements

Other movements

Amount at 31/12/18

€ thousands

Regulated provisions

–

–

–

–

–

–

–

Provisions for liabilities and charges (incl. exchange losses)

6,968

788

–

–

–

–

7,756

6,968

788

–

–

–

–

7,756

ANALYSIS OF MATURITY OF PAYABLES NOTE 12 —

Total amount

Less than 1 year

1 to 5 years

More than 5 years

€ thousands

Liabilities Borrowings and debts from credit institutions

5,876

5,876

– –

– –

Miscellaneous loans and borrowings Operating liabilities Trade payables and related items Tax and social security payable

–

–

2,785

2,785

– –

– – – – –

607

607

Other liabilities

183,632

180,069

3,563

Deferred income and translation adjustment

29

29

–

192,930

189,367

3,563

Other liabilities mainly comprise €157,272 thousand of intragroup current accounts, primarily originating from the implementation of cash pooling at Group level, as well as earnouts on the acquisition of the company Myfox of €4,957 thousand.

135

SOMFY – ANNUAL FINANCIAL REPORT 2018