DERICHEBOURG - Universal registration document 2018-2019

4

Financial statements Consolidated financial statements for the year ended September 30, 2019, in compliance with IFRS Notes

Actual income tax expense 4.23.2

2019

2018

Theoretical tax income or expense

(30.0)

(28.7)

Impact of tax rate changes

(0.1)

(0.2)

Recognition/Limitation of deferred tax assets

1.9 0.8

6.3 8.5

Permanent tax differences

Permanent differences linked to consolidation adjustments Differences in tax rates applicable to foreign companies

(3.5)

(2.6)

0.4

0.4

Actual tax income

(30.5)

(16.3)

The Group’s actual Income tax expense was calculated on the basis of income from continuing operations before tax, restated for the Group’s share of income from associated companies. For fiscal year 2019, the Group’s actual income tax expense was reconciled on the basis of a tax rate of 34.43%, as for fiscal 2018.

Tax consolidation 4.23.3 The Derichebourg Group has opted in France for the tax consolidation regime which allows it to offset the taxable results of its French subsidiaries where the direct or indirect holding is greater than 95%. The consolidated companies affected by this regime have signed an agreement setting out the methods for applying the tax consolidation, in accordance with the rules established by the tax administration.

The consolidated tax Group is made up of the following companies:

DERICHEBOURG SA

DERICHEBOURG TECHNOLOGIES

PURFOLLIOULE SCI

AFM RECYCLAGE

ÉCO-VHU SAS

PURMET TRANSPORT REFINAL INDUSTRIES

BERNES ET BRUYÈRES SCI

ESKA

BERTHELOT VILLENEUVE SCI

EXADIANE SCI FRANORA SCI

REVIVAL

BOLTON

ROUTABOULE SCI

CFF BETA SCI

GROUPE ALTER SERVICES GARE DE CHANDIEU SCI

ROUX SCI

CFF SIGMA SCI COFRAMETAL

ULTEAM

INOREC

VALME TECHNOLOGIES

DERICHEBOURG AQUA

INOTERA SCI

WESTEVER

DERICHEBOURG ATIS AÉRONAUTIQUE DERICHEBOURG AUTOMOBILE SERVICES

POLY-ENVIRONNEMENT

POLYAMON POLYBUIS POLYCEJA POLYCEO POLYCOROT POLY-MASSI POLY-NEA POLYREVA POLY-SENTI POLYSOTIS POLYTIANE POLYURBAINE

DERICHEBOURG ÉNERGIE

DERICHEBOURG ÉNERGIE E.P.

DERICHEBOURG ENVIRONNEMENT DERICHEBOURG ESPACES VERTS

DERICHEBOURG ÉVOLUTION FORMATION

DERICHEBOURG EXPANSION

DERICHEBOURG FM

DERICHEBOURG IMMOBILIER SCI

DERICHEBOURG INTÉRIM

DERICHEBOURG LOGISTIQUE ET MANUTENTION

DERICHEBOURG MULTISERVICES HOLDING

DERICHEBOURG PROPRETÉ

POLYURBAINE NORMANDIE

DERICHEBOURG RETAIL

POLY-VALIS

DERICHEBOURG SERVICES & INGÉNIERIE NUCLÉAIRE

PROVERRE

DERICHEBOURG SNG

PSIMMO

DERICHEBOURG SOURCING AERO & ENERGY

PURFER

DERICHEBOURG SPECTACLE

PURFER TRANSPORT

The Derichebourg Group’s tax savings amount to €0.6 million.

DERICHEBOURG p 2018/2019 Universal Registration Document 161