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 180 In thousands of euros Cost Depreciation Impairment Total December 31, 2017 Property, plant and equipment owned outright 3,110,498 (1,715,655) (15,514) 1,379,329 Owned property, plant and equipment leased under operating leases where the Group is lessor (1) 52,242 (39,898) (868) 11,476 Property, plant and equipment leased under finance leases where the Group is lessee (2) 43,611 (23,034) (70) 20,506 TOTAL PROPERTY, PLANT AND EQUIPMENT (EXCLUDING INVESTMENT PROPERTY) 3,206,351 (1,778,587) (16,453) 1,411,311 IFRS 5 reclassifications (3,917) 3,071 - (846) TOTAL PROPERTY, PLANT AND EQUIPMENT (EXCLUDING INVESTMENT PROPERTY) – CONSOLIDATED BALANCE SHEET 3,202,434 (1,775,516) (16,453) 1,410,465 The sum of “Property, plant and equipment owned outright and leased under operating leases where the Group is lessor” and “Property, 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 sub-section “Property, plant and equipment leased under finance leases where the Group is lessee”. (2) Investment property 5.1.5 The item “Investment property” is unchanged from December 31, 2017. It includes: a complex of 33,000 sq.m. office buildings located in Lyon Gerland, ● 82% of the space of which is rented to a third party and 3% is used by the Group; as well as an undeveloped land in the Lyon region. ● In thousands of euros Land Buildings Total Lyon Gerland office complex 12,700 80,563 93,263 FAIR VALUE AT DECEMBER 31, 2018 AND DECEMBER 31, 2017 12,700 80,563 93,263 Investment property-related income and expenses are as follows: In thousands of euros 2018 2017 Income from investment property rentals 6,899 6,592 Investment property direct operating expenses (1,423) (1,226) Non-consolidated interests and Investments 5.1.6. in associates and joint ventures accounted by the equity method NON-CONSOLIDATED INTERESTS The non-consolidated securities amount to €0.2 million at December 31, 2018 (€0.3 million at December 31, 2017) and relate to: non-significant shell companies, dormant companies; ● and the acquisition of shares over the period, whose small stake does not ● allow the Group to exercise at least a notable influence (Tactotek OY). In the context of the first time application of IFRS 9 “Financial Instruments”, the Group opted to recognize changes in value of non-consolidated companies in the income statement (see Note 2.1.2.).