DERICHEBOURG - Universal registration document 2018-2019

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Financial statements Consolidated financial statements for the year ended September 30, 2019, in compliance with IFRS Accounting policies, rules and methods

Disposal of the nuclear engineering subsidiary after the reporting p date On October 1, 2019, Derichebourg Multiservices Holding sold its shares in Derichebourg Services & Ingénierie Nucléaire to a nuclear services and works player. For a number of months, the company had been encountering technical difficulties which it could not overcome in several projects. For the fiscal year, the company earned revenue of €1 million. Taking into account the reassessment of the project results for the fiscal year, and the penalties incurred for late delivery, the business's contribution

to operating income (loss) amounted to €(8.7) million, of which €(5.0) million for non-recurring items. The financial consequences of this sale were recognized in the fiscal year ended September 30, 2019.

Events occurring after year-end 1.3 As indicated in 1.2, on October 1, 2019, Derichebourg Multiservices Holding sold its shares in Derichebourg Services & Ingénierie Nucléaire to a company specialized in nuclear works and services.

Accounting policies, rules and methods 2.

amendments to IFRS 15: “Revenue from contracts with customers”, p applicable to fiscal years beginning on or after January 1, 2018; amendments to IFRS 2 “Classification and measurement of p share-based payment transactions” applicable to fiscal years beginning on or after January 1, 2018; amendments to IAS 40 “Transfers of investment property” p applicable to fiscal years beginning on or after January 1, 2018; IFRIC 22 “Foreign currency transaction and advance consideration” p applicable to fiscal years beginning on or after January 1, 2018; amendments to IFRS 4: “Insurance contracts: applying IFRS 9 p ‘Financial instruments’ with IFRS 4”, applicable to fiscal years beginning on or after January 1, 2018. First-time application of these standards has no impact on the Group’s consolidated financial statements. Standards and interpretations published but not 2.1.2 yet effective The Group has undertaken no early application of standards or interpretations that were not mandatory as of October 1, 2018 (the application dates are those recognized by EFRAG): annual improvements to IFRS cycle 2015-2017; p amendments to IAS 19 “Plan Amendment, Curtailment or p Settlement”; amendments to IAS 28 “Long-term interests in associates and joint p ventures”; amendments to IFRS 9 “Prepayment features with negative p compensation” applicable to fiscal years beginning on or after January 1, 2019; IFRIC 23 “Uncertainty over income tax treatments” applicable to p fiscal years beginning on or after January 1, 2019;

General policies 2.1 In accordance with European regulation 1606/2002 of July 19, 2002 on international standards, the Derichebourg Group’s financial statements on September 30, 2019 were prepared in accordance with the standards and interpretations published by the International Accounting Standards Board (IASB) and adopted by the European Union. The above standards and interpretations are available on the European Commission’s website (https://eur-lex.europa.eu/legal-content/EN/TXT/ ?uri=CELEX:32002R1606) and include International Accounting Standards (IAS) and International Financial Reporting Standards (IFRS), and Interpretations issued by the Standing Interpretations Committee (SIC) and by the International Financial Reporting Interpretations Committee (IFRIC). The accounting policies used are identical to the previous year. Segment data is also unchanged from the previous year. The financial statements were drawn up in accordance with the going concern principle. The consolidated financial statements of the Derichebourg Group for the year ended September 30, 2019 are available upon request from the Company’s registered office located at 119, avenue du Général Michel Bizot, Paris, or on its website, www.derichebourg.com. Standards and interpretations applicable to the 2.1.1 fiscal year beginning October 1, 2018 The standards and interpretations adopted by the European Union and which are required to be applied to the Derichebourg Group consolidated financial statements starting on or after October 1, 2018 are as follows: IFRS 15: “Revenue from contracts with customers”, applicable to p fiscal years beginning on or after January 1, 2018; IFRS 9: “Financial Instruments”, applicable to fiscal years beginning p on or after January 1, 2018; annual improvement cycle 2014-2016, on IFRS 1 “First-time p adoption of IFRS” and IAS 28 “Investments in associates and joint ventures” applicable to fiscal years beginning on or after January 1, 2018;

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