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 188 For the sake of completeness of information, the presentation of the “funds from operations” covers in the same table, the different approaches: the funds from operations – with the disposal of the Environment ● Division in 2018; the “funds from operations – vision with integration of the financial ● data of the Environment Division” in 2017; and the “ funds from operations – Vision Environment Division in IFRS 5” in ● 2017 (“Restated 2017”). The consolidatedcash-flow from operations and the share ofcash-flow from associates and joint ventures after tax and interest paid, net of dividends paid, are as follows: Consolidated financial statements 2018 2017 2017 restated Funds from operations 796,709 859,404 822,714 Tax paid (82,765) (114,049) (106,660) Interest paid (66,412) (59,189) (58,601) FUNDS FROM OPERATIONS AFTER PAYMENT OF TAXES AND INTEREST 647,532 686,167 657,453 Associates and joint ventures (1) SHARE OF FUNDS FROM OPERATIONS 85,939 95,433 95,433 Share of tax paid (17,024) (16,470) (16,470) Share of interest received/paid 1,490 1,134 1,134 Elimination of dividends paid (40,973) (32,401) (32,401) SHARE OF FUNDS FROM OPERATIONS AFTER PAYMENT OF TAXES AND INTEREST RECEIVED, NET OF DIVIDENDS PAID 29,432 47,696 47,696 TOTAL EXCLUDING THE ENVIRONMENT DIVISION 676,964 705,149 Funds from operations after payment of taxes and interest – Environment Division 19,821 TOTAL INCLUDING THE ENVIRONMENT DIVISION 696,785 733,863 The proportionate share of associates and joint ventures in the Group’s operatingcash-flow includes HBPO until the takeover. (1) See Note 2.3.1 “Acquisition by the Group of the 33.33% interest of Mahle-Behr in HBPO” in the “Significant events of the period”. Monitoring of transactions at December 31, 2018, 5.1.15 which were classified under IFRS 5 “Assets and Liabilities held for sale” are measured based on the best estimate of realizable values. The differences between realizable values and net carrying amounts in cases where they are negative result in a depreciation over the period. At December 31, 2018 as the previous year, are always booked under IFRS 5: the Clean Energy Systems technical center in Compiègne, (Oise) ● the Clean Energy Systems technical center in Laval, fully depreciated. ● December 31, 2018, the breakdown of “Assets and Liabilities held for sale” is provided in the following table. In thousands of euros December 31, 2018 December 31, 2017 Amount Amount Compiègne technical center in the Oise department 846 846 of which Land 167 167 of w hich Buildings, equipment, building improvements, fixtures and fitting s 679 679 ASSETS HELD FOR SALE 846 846 NET ASSETS HELD FOR SALE 846 846