SOMFY - Half-Year Financial Report 2019

2019 CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS 02

02

2019 CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS

The financial statements set out below include the effects of adopting IFRS 16 as detailed in note 3.3.1.

CONSOLIDATED INCOME STATEMENT

Notes

30/06/19 6 months 615,118

30/06/18 6 months 586,148

€ thousands

Sales

(6.1)

Other operating income

8,654

8,583

Cost of sales

-221,811 -182,212 -77,563 142,187 -27,329

-209,698 -174,684 -87,128 123,222 -19,010

Employee expenses External expenses

EBITDA

Amortisation and depreciation charges Charges to/reversal of current provisions

(7.2) & (7.3)

153 -84

-159

Gains and losses on disposal of non-current operating assets

-33

CURRENT OPERATING RESULT

114,927

104,020

Other operating income and expenses

(6.2)

60

9,456 -9,700

Goodwill impairment OPERATING RESULT

(6.2) & (7.1.1)

-710

114,277

103,776

Financial income from investments – Financial expenses related to borrowings –

604

475

-1,678 -1,074

-1,119

Cost of net financial debt

-644

Other financial income and expenses

-824

-1,854 -2,498

NET FINANCIAL EXPENSE

(9.1)

-1,898

PROFIT BEFORE TAX

112,379 -22,524

101,278 -20,707

Income tax

(13)

Share of net profit/(loss) from associates NET PROFIT FROM CONTINUING OPERATIONS

(14.1)

1,333

-4

91,187

80,568

NET PROFIT FROM OPERATIONS TREATED IN ACCORDANCE WITH IFRS 5

(4)

—

2,630

CONSOLIDATED NET PROFIT Attributable to Group share

91,187 91,205

83,198 83,276

Attributable to Non-controlling interests

-18

-79

Basic earnings per share (€) Diluted earnings per share (€)

(8.2) (8.2)

2.65 2.65

2.42 2.42

8

SOMFY – HALF-YEAR FINANCIAL REPORT 2019