Plastic Omnium - 2018 Registration Document

4 2018 CONSOLIDATED FINANCIAL STATEMENTS Consolidated financial statements at December 31, 2018 www.plasticomnium.com PLASTIC OMNIUM 2018 REGISTRATION DOCUMENT 166 In thousands of euros Automotive Environment Unallocated items Total December 31, 2017 Property, plant and equipment owned outright – net value 1,288,330 41,577 48,576 1,378,483 Property, plant and equipment owned outright and under operating leases where the Group is lessor – net value (1) - 11,476 - 11,476 Property, plant and equipment leased under finance leases where the Group is lessee – net value amount (2) 20,506 - - 20,506 TOTAL PROPERTY, PLANT AND EQUIPMENT (EXCLUDING INVESTMENT PROPERTY) – CONSOLIDATED FINANCIAL STATEMENTS 1,308,836 53,053 48,576 1,410,465 The sum of “Property, plant and equipment owned outright and leased under operating leases where the Group is lessor” and “Poperty, plant and equipment (1) leased under finance leases where the Group is lessee that has been sub-let to third parties under operating leases where the Group is lessor” corresponds to the value of “Property, plant and equipment leased under operating leases where the Group is lessor” (see corresponding sub-section of Note 5.1.3). See sub-section “Property, plant and equipment leased under finance leases where the Group is lessee” in Note 5.1.3. (2) NOTES TO THE INCOME STATEMENT NOTE 4 The application of IFRS 5 “Non-Current Assets held for sale and Discontinued Operations” to the Environment Division requires the presentation in the 2017 Income Statement of a single amount comprising the total profit or loss after tax of this discontinued operation. Accordingly, published data of 2017 have been restated. Research and Development costs 4.1 The percentage of Research and Development costs is expressed in relation to the amount of turnover. In thousands of euros 2018 % 2017 restated % Research and Development costs after developments sold (230,664) -3.2% (220,399) -3.4% Grants received 792 0.0% 103 0.0% Capitalized development costs 118,969 1.6% 130,194 2.0% Amortization of capitalized development costs (107,112) -1.5% (89,642) -1.4% Research tax credit 13,696 0.2% 11,783 0.2% NET RESEARCH AND DEVELOPMENT COSTS (204,319) -2.8% (167,961) -2.6%