SOMFY_HALF-YEAR_FINANCIAL_REPORT_2018

02 2018 CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS

RESTATEMENT OF PREVIOUSLY-PUBLISHED FINANCIAL STATEMENTS NOTE 4 — The previously published financial statements have been restated following the allocation of the acquisition cost of Myfox and the application of IFRS 5.

ALLOCATION OF THE ACQUISITION COST OF MYFOX NOTE 4.1

The financial statements at 30 June 2017have been restated followingthe allocationof the acquisitioncost of Myfox.

Details on therestatement of the historicaldata are provided below:

INCOME STATEMENT

30/06/17 Published

Allocation of Myfox acquisition cost

30/06/17 Published after allocation of Myfox acquisition cost

€ thousands

EBITDA

129,493 -23,205 106,200 105,897

—

129,493 -23,625 105,779 105,477

Amortisation and depreciation charges

-420 -420 -420

CURRENT OPERATING RESULT

OPERATING RESULT

NET FINANCIAL EXPENSE

-5,265

—

-5,265

PROFIT BEFORE TAX

100,632 -16,473

-420

100,212 -16,473

Income tax

— —

Share of net profit/(loss) from associates

-204

-204

CONSOLIDATED NET PROFIT Attributable to Group share

83,955 84,588

-420 -420

83,535 84,168

Attributable to Non-controlling interests

-633

—

-633

CASH FLOW STATEMENT

30/06/17 Published

Allocation of Myfox acquisition cost

30/06/17 Published after allocation of Myfox acquisition cost

€ thousands

Consolidated net profit

83,955

-420

83,535

Depreciation and amortisation of assets (excluding current assets) Depreciation, amortisation, provisions and other  non-cash items

22,355

420

22,775

24,809

420

25,229

Cash flow

108,956 46,862 -29,032 -37,459

— — — —

108,956 46,862 -29,032 -37,459

NET CASH FLOW FROM OPERATING ACTIVITIES (A) NET CASH FLOW FROM INVESTING ACTIVITIES (B)

NET CASH FLOW FROM FINANCING ANDCAPITAL ACTIVITIES(C) Impact of changes in foreign exchange rates on cash and cash equivalents (D) NET CHANGE IN CASH AND CASH EQUIVALENTS (A + B + C + D) CASH AND CASH EQUIVALENTS AT THE START OF THE PERIOD CASH AND CASH EQUIVALENTS AT THE END OF THE PERIOD

-1,670

—

-1,670

-21,299 126,249 104,950

— — —

-21,299 126,249 104,950

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SOMFY – HALF-YEAR FINANCIAL REPORT 2018