Plastic Omnium - 2020 Universal Registration Document

CONSOLIDATED FINANCIAL STATEMENTS 2020 Consolidated financial statements at December 31, 2020 PLASTIC OMNIUM UNIVERSAL REGISTRATION DOCUMENT 2020 211 SEGMENT INFORMATION NOTE 3 Information by operating segment 3.1 The Group uses the concept “Economic revenue” for its operational management, which corresponds to the consolidated revenue of the Group and its joint ventures at their percentage stake: Yanfeng Plastic Omnium, the Chinese leader in exterior body parts, SHB Automotive modules, the leading Korean front-end module company and BPO, a major player in the Turkish market for exterior equipment. The Group organizes its Automotive businesses into two operating segments (see Note on “Presentation of the Group”): “Industries” and “Modules”. The columns in the tables below show the amounts by segment. The “Unallocated items” column groups together inter-segment eliminations and amounts that are not allocated to a specific segment (in particular, holding company activity) allowing for the reconciliation of segment data with the Group’s financial statements. Financial results, taxes and the share of profit/(loss) of associates are monitored at Group level and are not allocated to segments. Transactions between segments are carried out on an arm’s length basis. Income statement by operating segment 3.1.1 In thousands of euros 2020 Industries Modules Unallocated items (2) Total Economic revenue (1) 5,627,787 2,104,283 - 7,732,070 Including revenue from joint ventures consolidated at the Group’s percentage stake 485,237 173,606 - 658,843 External sales to Segment 5,167,497 1,905,730 - 7,073,227 Inter-segment sales (24,947) 24,947 - - Consolidated revenue 5,142,550 1,930,677 - 7,073,227 % of segment revenue – Total 72.7% 27.3% - 100.0% Operating margin before amortization of intangible assets acquired and before share of profit/(loss) of associates and joint ventures 80,247 31,320 - 111,567 % of segment revenue 1.6% 1.6% - 1.6% Amortization of intangible assets acquired (7,889) (14,504) - (22,393) Share of profit/(loss) of associates and joint ventures 27,409 1,692 - 29,101 Operating margin 99,767 18,508 - 118,275 % of segment revenue 1.9% 1.0% - 1.7% Other operating income 23,535 3,699 - 27,234 Other operating expenses (327,711) (33,314) - (361,025) % of segment revenue -5.9% -1.5% - -4.7% Financing costs (59,836) Other financial income and expenses (8,701) PROFIT/(LOSS) FROM CONTINUING OPERATIONS BEFORE INCOME TAX AND AFTER SHARE IN ASSOCIATES AND JOINT VENTURES (284,053) Income tax 31,002 NET INCOME (253,051) Economic revenue corresponds to revenue of the Group and its joint ventures consolidated at their percentage of ownership. (1) “Unallocated items” corresponds to intra-group eliminations and amounts that are not allocated to a specific segment (for example, holding company activities). (2) This column is included to enable segment information to be reconciled with the consolidated financial statements.