Plastic Omnium - 2018 Registration Document

4 2018 CONSOLIDATED FINANCIAL STATEMENTS Consolidated financial statements at December 31, 2018 PLASTIC OMNIUM 2018 REGISTRATION DOCUMENT 177 Property, plant and equipment excluding investment property 5.1.3 Property, plant and equipment owned or leased by the Group mainly pertain to factories and Research and Development centers. These plants and Research and Development centers break down as follows by number: Number of plants and Research and Development centers In units December 31, 2018 December 31, 2017 included from HBPO Environment exit Other changes Western Europe 6 (6) 48 54 Eastern Europe 5 18 18 North America 4 20 20 Asia 9 1 50 49 South America 8 8 Africa 2 2 TOTAL 24 (1) (6) 1 146 151 of which total plants managed under joint ventures (24) (1) 23 45 Following the takeover of HBPO in July 2018, the plants of the Modules Division previously in joint venture are now under fully consolidated companies. (1) Asset breakdowns over the two periods are such that no plant represents a significant proportion of total tangible assets over each period. In thousands of euros Land Buildings Tech. eq. & tool. Assets under construction Other Total CARRYING AMOUNT AT JANUARY 1, 2018 89,086 415,478 509,421 236,811 159,669 1,410,465 Acquisitions 17,157 25,001 73,705 276,535 41,929 434,327 Disposals (5,702) (7,488) (491) - (749) (14,430) Newly-consolidated (1) - 7,185 26,437 11,794 18,498 63,914 Changes in consolidation scope (disposals) (2) (2,217) (5,394) (24,283) (4,532) (16,712) (53,138) Impact of IFRS 15 application - - (131) - (128) (259) Other reclassifications (3) 8,211 61,660 91,873 (196,843) 34,943 (156) Adjustment to fair value (4) 98 446 2,380 - 43 2,967 Impairments recognized and reversed - 571 (3,454) - (12,238) (15,121) Depreciation for the period (1,377) (28,002) (98,899) - (59,341) (187,619) Translation adjustment 261 3,622 4,789 3,150 256 12,078 CARRYING AMOUNT AT DECEMBER 31, 2018 105,517 473,079 581,347 326,915 166,170 1,653,028 “Tech. eq. & tool.”: technical equipment and tooling. At December 31, 2018 See note 2.3.1 in "Transactions for the Period" relating to the acquisition of a 33.33% holding by Mahle-Behr in HBPO. (1) See note 2.6.1 in "Transactions for the Period" relating to the disposal of the Environment Division. (2) The other reclassifications stem from the revaluation of property, plant and equipment by shareholders' equity following the hyperinflation on the Argentine peso (3) for €1,693 thousand (see note 2.10.1 in the "Transactions for the Period") and a reclassification in depreciation of property, plant and equipment of the restructuring provision in Germany in the Industries cluster for an impairment of -€1,800 thousand. The fair value adjustments of €2,967 thousand are related to the effects of the hyperinflation experienced by the Argentine peso posted in profit (see note (4) 2.10.1 in "Transactions for the Period").