PERNOD RICARD - 2018-2019 Universal registration document

7.

PERNOD RICARD SA FINANCIAL STATEMENTS Notes to the Pernod Ricard SA financial statements

Marketable securities Note 5

At 30.06.2018 At 30.06.2019 Quantity Value Quantity Value Quantity Value Quantity Value Quantity Value Quantity Value Acquisitions  (1) Capital transaction Reclassification Exercises/disposals  (2)

€ thousand or in quantities

Pernod Ricard shares

-

-

-

-

-

-

-

-

-

-

-

-

Gross value — Impairment — NET VALUE

1,195,168 110,690 1,029,833

134,753

691,298 56,494 1,533,703 188,949

-

-

-

-

- -

- -

- -

- -

-

-

-

-

1,195,168 110,690 1,029,833

134,753

691,298 56,494 1,533,703 188,949

Including €24 million relating to the free share plan (2015 plans), €28 million to the free share plan (2018 plans) and €66 million to the employee share ownership plan. (1) Including €(19) million for the exercise of stock options (2011 plan) and €(33) million for the vesting of free shares (2014 plans). (2)

Prepaid expenses and deferred charges Note 6

At 30.06.2019

At 30.06.2018

Increases

Decreases

€ thousand

Prepaid expenses  (1)

4,065 17,362

4,236

(1,072) (2,819)

7,229 14,543

Bond redemption premiums

-

Unrealised foreign exchange losses  (2)

561,596

608,760

(561,596)

608,760 630,532

TOTAL

583,023

612,996 (565,487)

The reduction in prepaid expenses is attributable mainly to the completion of buybacks for the 2011 plan. (1) The €609 million asset arising from currency translation adjustments at 30 June 2019 is attributable mainly to the revaluation of assets and liabilities at the closing euro/US dollar exchange rate on (2) 30 June 2019.

Composition of share capital Note 7

At 30 June 2019, the share capital comprised 265,421,592 shares with a par value of €1.55 per share. The total share capital thus amounted to €411,403,467.60.

Shareholders’ equity Note 8

Changes in accounting policies

Allocation of income

Payment of dividends

Result 2019

At 30.06.2019

At 30.06.2018

€ thousand

Capital

411,403

- - - - -

- - - - - - - - -

- - - - -

- - - - - -

411,403

Share premiums Statutory reserves Regulated reserves

3,039,030

3,039,030

41,140 179,559 195,013

41,140 179,559 195,013

Other reserves

Retained earnings

2,324,713

565,823

(623,590)

2,266,946

Profit for the financial year Interim dividends to be paid  (1)

565,823

(565,823)

-

325,726

325,726 (311,314)

(266,870)

- -

(44,444)

-

TOTAL 325,726 6,147,503 At its meeting of 17 April 2019, the Board of Directors decided to pay an interim dividend of €1.18 per share in respect of FY19, i.e. a total of €311 million. This interim dividend was paid on 10 July 2019. (1) 6,489,811 (668,034)

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2018-2019

PERNOD RICARD UNIVERSAL REGISTRATIONDOCUMENT