SOMFY_HALF-YEAR_FINANCIAL_REPORT_2018

02 2018 CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS

02

2018 CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS

CONSOLIDATED INCOMESTATEMENT

Notes

30/06/18 6 months 586,148

30/06/17* 6 months

€ thousands

Sales

(7.1)

570,623

Other operating income

8,583

9,024

Cost of sales

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

-205,566 -163,756 -84,076 126,249 -19,427

Employee expenses External expenses

EBITDA

Amortisation and depreciation charges Charges to/reversal of current provisions

(8.2) & (8.3)

-159

-201 -164

Gains and losses on disposal of non-current operating assets

-33

CURRENT OPERATING RESULT

104,020

106,457

Other operating income and expenses

(7.2)

9,456 -9,700

-302

Impairment of goodwill OPERATING RESULT

(7.2) & (8.1.1)

—

103,776

106,155

– Financial income from investments – Financial expenses related to borrowings

475

921

-1,119

-1,065

Cost of net financial debt

-644

-144

Other financial income and expenses

-1,854 -2,498

-4,605 -4,748

NET FINANCIAL EXPENSE

(10.1)

PROFIT BEFORE TAX

101,278 -20,707

101,407 -16,472

Income tax

(14) (15)

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

-4

-204

80,568

84,730 -1,195 83,535 84,168

NET PROFIT FROM OPERATIONS TREATED IN ACCORDANCE WITH IFRS 5

(4) & (5)

2,630

CONSOLIDATED NET PROFIT Attributable to Group share

83,198 83,276

Attributable to Non-controlling interests

-79

-633 2.45

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

(9.2) (9.2)

2.42 2.42

2.45 * The financial statements have been restated following the determination of the fair value of Myfox’s assets and liabilities and the reclassification of Dooya pursuant to IFRS 5 (see note 4).

8

SOMFY – HALF-YEAR FINANCIAL REPORT 2018