SOMFY_ANNUAL_FINANCIAL_REPORT_2017

08 PARENT COMPANY FINANCIAL STATEMENTS

BALANCE SHEET AT 31 DECEMBER 2017

ASSETS —

31/12/17 Net

31/12/16 Net

€ thousands

Non-current assets Intangible assets

1 –

1 –

Property, plant and equipment

Financial assets

414,061 414,062

377,748 377,749

Total Non-current assets

Current assets Inventories and work-in progress

–

–

Trade receivables

325

331

Other receivables and accruals

75,151 98,068 121,132 294,677 708,739

115,134 98,849 53,591 267,905 645,653

Marketable securities

Cash and cash equivalents

Total Current assets

TOTAL ASSETS

EQUITY AND LIABILITIES — € thousands

31/12/17

31/12/16

Shareholders’ equity Share capital

7,400 1,866

7,400 1,866

Merger and issue premium

Reserves Net profit

420,962 107,111 537,339

343,496 119,375 472,137

Total Shareholders’ equity

Provisions for liabilities and charges Liabilities Borrowings and financial liabilities

6,968

4,305

205

45,930

Trade payables

3,988

3,781

Other payables and accruals

160,239 164,432 708,739

119,500 169,211 645,653

Total Liabilities

TOTAL EQUITY AND LIABILITIES

PROPOSED ALLOCATION OF 2017 PROFIT

Euros Source Retained earnings from prior years

Euros Allocation Dividends

3,230,907.70 107,110,843.67 – 110,341,751.37

48,100,000.00

Net profit for the year

Legal reserve

–

62,241,751.37 110,341,751.37

Legal reserve

Optional reserves

117

SOMFY – ANNUAL FINANCIAL REPORT 2017