SOMFY_ANNUAL_FINANCIAL_REPORT_2017

07 CONSOLIDATED FINANCIAL STATEMENTS

OTHER CURRENT AND NON-CURRENT RECEIVABLES NOTE 4.6

Other non-current liabilities Note 4.7.2

Other current receivables Note 4.6.1

€ thousands

31/12/17 31/12/16

Other operational liabilities Other non-operational liabilities

227

333

€ thousands

31/12/17 31/12/16

1,666 1,893

1,210 1,543

Gross value Receivables from employees Other taxes (including VAT)

TOTAL

4,103

3,545

9,470 11,830

PROPERTY, PLANT AND EQUIPMENT AND NOTE 5 INTANGIBLE ASSETS — GOODWILL AND IMPAIRMENT TESTS NOTE 5.1

Prepaid expenses Other receivables

6,896

6,333

11,928 18,215 32,397 39,923

TOTAL

Goodwill Note 5.1.1

The item “Other receivables” notably includes current receivables on the disposal of CIAT totalling €7.6 million at 31 December 2017. At 31 December 2016, they included current receivables totalling €15.4 million on the disposal of CIAT and the Faac transaction. Other non-current receivables Note 4.6.2

Acquisition goodwill is measured using the method described in note 2.3. Acquisition goodwill is subject to impairment tests at least once annually, or more frequently when events or changes in circumstances indicate that the goodwill has been impaired (indication of impairment, see note 5.1.2). Recognised impairment cannot be reversed. Acquisition goodwill related to equity-accounted companies is posted to the “Investments in associates” account (see note 13.1). Impairment recorded on the equity-accounted value may be reversed in the event of a significant recovery in the value of the equity investment.

€ thousands

31/12/17 31/12/16

Gross value Other operating receivables Other non-operating receivables

4

15

2,102 2,107

3,870 3,885

TOTAL

The item “Other non-operating receivables” notably includes non-current receivables of €2.1 million at 31 December 2017 and €3.9 million at 31 December 2016 on the disposal of CIAT.

€ thousands

Value

At 1 January 2016

182,269 20,512 –2,388

Changes in scope of consolidation* Changes in foreign exchange rates

OTHER CURRENT AND NON-CURRENT LIABILITIES NOTE 4.7

Charge for impairment AT 31 DECEMBER 2016

–

Trade and other payables are recognised at their nominal value.

200,394

Changes in scope of consolidation Changes in foreign exchange rates

–

Other current liabilities Note 4.7.1

–3,552

Charge for impairment AT 31 DECEMBER 2017

–

€ thousands

31/12/17 31/12/16

196,842 The goodwill of Myfox, acquired at the end of 2016, has been * adjusted within the allocation period (see note 2.3) and was €19.1 million. The balance of €1.5 million corresponds to the goodwill of iHome.

Social liabilities Tax liabilities Deferred income

82,001 11,396

78,625

8,483

812

834

Fixed assets suppliers

6,053 2,180

5,776 2,021

Other TOTAL

102,442

95,740

86

SOMFY – ANNUAL FINANCIAL REPORT 2017