SOMFY_ANNUAL_FINANCIAL_REPORT_2017

07 CONSOLIDATED FINANCIAL STATEMENTS

ANALYSIS BY NATURE NOTE 11.3

31/12/17

31/12/16 Of which income statement impact

€ thousands

Deferred tax on restatements related to standards and temporary differences, including:

2,711

–796

3,534

Restatements due to pensions –

5,744 6,199 3,689

6,370 8,155 3,277

–734

Restatements resulting from provision methods – Restatements due to tax and social liabilities –

–1,744

482

Restatements due to SOPEM tax credit –

17,003

13,072

3,141 –200

Restatements on the fair value of hedge instruments – Restatements resulting from acquisition expenses – Restatements related to the fair value of non-current assets –

–

130 457

386

–70 –12

–694

–706

Restatements related to leases –

–6,245 –11,290 –5,992 –6,089

–7,969 –9,498 –5,875 –8,209

1,724

Restatements related to differences in amortisation and depreciation – Restatements from the capitalisation of development costs –

–1,793

–116 2,857 –702

Other –

Deferred tax on intragroup margins

6,904

7,970

Miscellaneous

–60

–60

–

TOTAL

9,555

7,114

2,831

DEFERRED TAX ASSETS DEFERRED TAX LIABILITIES

25,010 –15,455

21,108 –13,994

Deferred tax assets and liabilities by jurisdiction or entity are now offset in accordance with IAS 12. The 2016 financial statements have been amended for comparison purposes.

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SOMFY – ANNUAL FINANCIAL REPORT 2017