BIC_REGISTRATION_DOCUMENT_2017

FINANCIAL STATEMENTS Parent company financial statements of SOCIÉTÉ BIC (French GAAP)

NOTE 4

DEPRECIATION AND AMORTIZATION

Deprec. and amort. as of Dec. 31, 2016

Increase in the period

Reduction in the period

Deprec. and amort. as of Dec. 31, 2017

(in thousand euros)

Research and development expenses

3,823

-

(2,078)

1,745

Other intangible assets

36,453 40,276 13,875 10,062

1,735 1,735

-

38,188 39,933 14,302 10,957

TOTAL INTANGIBLE ASSETS

(2,078)

Buildings

427 895 276

-

Industrial fixtures and equipment

-  - 

Other property, plant and equipment

2,643

2,919

TOTAL PROPERTY, PLANT AND EQUIPMENT

26,580

1,598

-

28,178

NOTE 5

MATURITY OF RECEIVABLES AND PAYABLES

Receivables (in thousand euros)

Within one year

More than one year

o/w notes receivables

o/w related parties

Gross

Other long-term investments

66,852

66,852

- - - - -

-

-

Trade receivables and related accounts

138,011 223,228

138,011 223,228

920

91,469

Other receivables

- -

178,747

Prepayments

576

576

-

TOTAL

428,667

428,667

920

270,216

Payables (in thousand euros) Bank borrowings Other borrowings

Within one year

More than one year

o/w notes payables

o/w related parties

Gross

774

774

-

- - - - - - -

-

233,213 100,330

233,210 100,330

3

233,206

Trade payables and related accounts Tax and employee-related liabilities

- - - -

50,344

8,111 4,414

8,111 4,414

- - -

Other liabilities

Deferred Income

1

1

TOTAL

346,843

115,647

3

283,550

NOTE 6

INFORMATION ON RELATED PARTIES

Gross value (in thousand euros) Assets Equity investments

Dec.31, 2017

1,286,072

Trade receivables and related accounts

91,469

Other receivables

178,747

Liabilities Other long-term loans and investments

233,206

Trade payables and related accounts

50,344

Deferred income

-

237

BIC GROUP - 2017 REGISTRATION DOCUMENT