SOMFY_HALF-YEAR_FINANCIAL_REPORT_2018

02 2018 CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS

APPLICATION OF IFRS 5 NOTE 4.2

As detailed in note 1.1, the governance of Dooya has changed, which has resulted in its exit from the fully-consolidated scope and its consolidation underthe equity method. In accordance with IFRS 5, the income statement and cash flow statement previously published have been restated. The balance sheet has not been restated.

The effects of applying IFRS 5 tothe financial statements at 30 June and 31 December2017 are as follows:

INCOME STATEMENT

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

Reclassi- fication of Dooya in accordance with IFRS 5

30/06/17 Restated

31/12/17 Published

Reclassi- fication of Dooya in accordance with IFRS 5

31/12/17 Restated

€ thousands

Sales

643,499

-72,875 570,623 1,246,573

-157,222 1,089,351 -185 18,723 85,405 -399,166 40,062 -324,591 29,711 -170,602 -2,229 213,715 8,276 -38,169

Other operating income

9,063

-39

9,024 18,908

Cost of sales

-244,969 -179,116 -98,983 129,493 -23,625

39,403 -205,566 -484,571 15,360 -163,756 -364,653 14,907 -84,076 -200,313 -3,244 126,249 215,944 4,198 -19,427 -46,445

Employee expenses External expenses

EBITDA

Amortisation and depreciation charges Charges to/reversal of current provisions Gains and losses on disposal of non-current operating assets

-7

-194

-201

439

22

461

-82

-82

-164 -1,535

231 -1,304

CURRENT OPERATING RESULT

105,779

678 106,457 168,403

6,301 174,704

Other operating income and expenses

-302

— -302

-218

— -218 — —

Impairment of goodwill OPERATING RESULT

—

— — — 678 106,155 168,185

105,477

6,301 174,486

– Financial income from investments – Financial expenses related to borrowings

922

— 921

1,631

-4

1,627

-1,454

389 -1,065 -3,085

824 -2,261

Cost of net financial debt

-532

389

-144 -1,454

820

-634

Other financial income and expenses

-4,733 -5,265

129 -4,605 -4,403 517 -4,748 -5,857 1,195 101,407 162,328 1 -16,472 -3,095 — -204 -1,491 1,195 84,730 157,742

398 -4,005 1,218 -4,639 7,519 169,847 -892 -3,987

NET FINANCIAL EXPENSE

PROFIT BEFORE TAX

100,212 -16,473

Income tax

Share of net profit/(loss) from associates

-204

— -1,491

NET PROFIT FROM CONTINUING OPERATIONS NET PROFIT FROM OPERATIONS TREATED IN  ACCORDANCE WITH IFRS 5

83,535

6,626 164,368

— -1,195 -1,195

— -6,627 -6,627

CONSOLIDATED NET PROFIT Attributable to Group share

83,535 84,168

— 83,535 157,742 — 84,168 159,912 — -633 -2,170

— 157,742 — 159,912 — -2,170

Attributable to Non-controlling interests

-633

19

SOMFY – HALF-YEAR FINANCIAL REPORT 2018