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 192 Grants 5.2.4 In thousands of euros December 31, 2018 December 31, 2017 Grants recognized in non-current liabilities 6,323 6,557 Grants recognized in current liabilities 3,994 3,948 TOTAL GRANTS RECOGNIZED AS LIABILITIES 10,317 10,505 Provisions 5.2.5 In thousands of euros December 31, 2017 IFRS 15 1 st appli- cation on January 1, 2018 (1) Charges Utili- zations Releases of surplus provisions Environ- ment’s Disposal Other reclassifi- cations Actuarial gains/ (losses) Conso- lidation of modules (2) Translation adjustment December 31, 2018 Customer warranties 27,403 - 16,534 (4,122) (13,255) (2,212) (936) - 3,378 108 26,898 Reorganization plans (3) 15,905 - 8,296 (10,928) (27) (300) 2,616 - 425 (549) 15,438 Taxes and tax risks (4) 8,548 - 4,446 (4,111) (2,083) (667) 230 - - - 6,363 Contract risks (5) 47,650 4,008 23,858 (37,412) (14,262) - 5,779 - 43 (10) 29,654 Claims and litigation 11,172 - 938 (5,214) (2,883) (113) 442 - - (65) 4,277 Other (6) 14,955 - 2,796 (625) (512) (633) (9,953) - 2,240 (186) 8,082 PROVISIONS FOR LIABILITIES AND CHARGES 125,633 4,008 56,868 (62,412) (33,022) (3,925) (1,822) - 6,086 (702) 90,712 Provisions for pensions and other post-employment benefits (7) 106,517 - 11,281 (1,477) - (11,871) - (2,285) 964 2,055 105,184 TOTAL 232,150 4,008 68,149 (63,889) (33,022) (15,796) (1,822) (2,285) 7,050 1,353 195,896 1 st application of IFRS 15 (see Note 2.1.1 in the “Significant events of the period”). (1) Regarding the impacts of the HBPO’s acquisition. (2) Regarding the impacts of restructuring in the Intelligent Exterior Systems division sites. (3) Regarding the reversal of provisions for tax audits. (4) Regarding the impacts of loss-making contracts and losses on completion in the Industries segment. (5) The “Others” sub-section includes individually insignificant amounts. (6) The actuarial difference corresponds to the revaluation of the US hedging assets. (7) In thousands of euros December 31, 2016 Charges Utilizations Releases of surplus provisions Reclas- sifications according to IFRS 5 (5) Other reclas- sifications Actuarial gains/ losses (4) Changes in scope of conso- lidation (derecogni- tion) (6) Translation adjustment December 31, 2017 Customer warranties 19,985 16,557 (7,899) (941) - - - - (299) 27,403 Reorganization plans (1) 10,752 13,098 (7,500) (263) - - - - (182) 15,905 Taxes and tax risks 298 8,250 - - - - - - - 8,548 Contract risks (2) 80,480 13,047 (39,320) (7,701) 17,239 94 - (15,879) (310) 47,650 Claims and litigation 4,986 8,211 (1,557) (825) 848 (146) - (275) (70) 11,172 Other (3) 15,092 2,292 (1,070) (535) - 52 - - (877) 14,955 PROVISIONS FOR LIABILITIES AND CHARGES 131,593 61,455 (57,346) (10,265) 18,087 - - (16,154) (1,738) 125,633 Provisions for pensions and other post-employment benefits 109,718 8,424 (3,375) - 9,990 - (2,427) (10,601) (5,212) 106,517 TOTAL 241,311 69,879 (60,721) (10,265) 28,077 - (2,427) (26,755) (6,950) 232,150 Regarding the reorganization of an Automotive Division site in Germany. (1) Regarding provisions for ongoing tax audits in the Automotive Division. (2) Regarding the impacts of loss-making contracts and losses on completion in the Automotive Division. (3) The “Others” sub-section included individually insignificant amounts. (4) Regarding provisions for companies classified in “Assets & Liabilities held for sale” in 2016 and actually sold in 2017. The two columns “Reclassifications according to IFRS 5” and “Change in scope of (5) consolidation” are related. The actuarial difference corresponded to the combined effect of the decrease in rates in the United States and the increase in rates in France. (6)