Plastic Omnium - 2018 Registration Document

4 2018 CONSOLIDATED FINANCIAL STATEMENTS Consolidated financial statements at December 31, 2018 PLASTIC OMNIUM 2018 REGISTRATION DOCUMENT 199 RECONCILIATION OF GROSS AND NET DEBT 5.2.7.5 In thousands of euros December 31, 2018 December 31, 2017 Total Current portion Non-current portion Total Current portion Non-current portion Finance lease liabilities 11,616 2,400 9,216 14,412 2,741 11,671 Bonds and bank loans 1,747,410 120,815 1,626,595 1,690,437 378,337 1,312,100 of which the Schuldscheindarlehen private placement 2018 (1) 298,841 148 298,693 - - - of which the bond issue in 2017 499,148 3,545 495,603 498,180 3,339 494,841 of which the bond issue in 2013 507,072 8,546 498,526 506,067 8,546 497,521 of which the EuroPP bond issue (2) - - - 249,964 249,964 - of which the Schuldschein private placement 2016 301,393 2,393 299,000 301,173 2,393 298,780 of which bank lines of credit 140,956 106,183 34,773 135,053 114,095 20,958 Non-current and current borrowings (+) 1,759,026 123,215 1,635,811 1,704,849 381,078 1,323,771 Other current debt (+) 31 31 4 4 Hedging instruments – liabilities (+) (3) 4,330 4,330 5,618 5,618 Total borrowings (B) 1,763,387 127,576 1,635,811 1,710,471 386,700 1,323,771 Long-term Investments in listed equity instruments and in funds (-) (4) (28,183) (28,183) (27,514) (27,514) Other financial assets (-) (60,096) (22,504) (37,592) (101,867) (42,807) (59,060) of which non-current financial receivables (5) (35,829) (35,829) (49,802) (49,802) of which trade accounts receivable (5)(6) (24,267) (22,504) (1,763) (52,065) (42,807) (9,258) Other current financial assets and financial receivables (-) (6) (63,942) (63,942) (83,209) (83,209) of which negotiable debt securities and UCITS or mutual funds (7) (63,188) (63,188) (74,018) (74,018) Hedging instruments – assets (-) (3) (1,898) (1,898) (5,254) (5,254) Total financial receivables (C) (154,119) (88,344) (65,775) (217,844) (131,270) (86,574) GROSS DEBT (D) = (B) + (C) 1,609,268 39,232 1,570,036 1,492,627 255,430 1,237,197 Cash and cash equivalents (-) (8) 916,336 916,336 939,635 939,635 Short-term bank loans and overdrafts (+) (4,684) (4,684) (9,993) (9,993) NET CASH AND CASH EQUIVALENTS AS RECORDED IN THE STATEMENT OF CASH-FLOWS (A) (9) (911,652) (911,652) (929,642) (929,642) NET DEBT (E) = (D) + (A) 697,616 (872,420) 1,570,036 562,985 (674,212) 1,237,197 See Notes 2.8.1 on the new private placement in the “Significant events of the period” and 5.2.7.2 “Bonds: private placements and private bonds”. (1) See Notes 2.8.2 on the “Maturity of the 2012 EuroPP Private placement” in the Significant events of the Period and 5.2.7.2 “Bonds: Private Placements and (2) Private Bonds”. See Note 5.2.8 “Interest rate and foreign exchange hedges”. (3) See Note 5.1.7.1 “Long-term Investments in listed equity instruments and in funds”. (4) See 5.1.7.2 “Other non-current financial assets”. (5) See Note 5.1.9 “Current financial assets” and 5.2.7.3 for the principal amount. (6) See Notes 2.8.3 on the “Maturity of the July 13, 2015 Medium-term Note” in the Significant events of the Period and 5.2.7.2 “Bonds: Private Placements and (7) Private Bonds”. See Note 5.1.12.1 “Cash and cash equivalents – Gross value”. (8) See Note 5.1.12.2 “Net cash and cash equivalents at close”. (9)