Plastic Omnium - 2020 Universal Registration Document

CONSOLIDATED FINANCIAL STATEMENTS 2020 Consolidated financial statements at December 31, 2020 www.plasticomnium.com PLASTIC OMNIUM UNIVERSAL REGISTRATION DOCUMENT 2020 222 Net profit attributable to non-controlling interests 4.9 The net profit attributable to non-controlling interests corresponds to the share of minority interests in the profit/loss of fully consolidated entities controlled by the Group. It breaks down as follows: In thousands of euros 2020 2019 HBPO GmbH and its subsidiaries (1) (6,197) 10,265 Beijing Plastic Omnium Inergy Auto Inergy Co. Ltd 631 3,636 Plastic Omnium Auto Inergy Manufacturing India Pvt Ltd 333 718 DSK Plastic Omnium Inergy 3,475 3,201 DSK Plastic Omnium BV (182) (47) TOTAL ATTRIBUTABLE TO NON-CONTROLLING INTERESTS (1,940) 17,773 The Group took over HBPO Hicom on October 1, 2020. See Note 2.2.2.2 in “Significant events of the period”. (1) Earnings per share and diluted earnings per share 4.10 Net profit attributable to owners of the parent 2020 2019 Basic earnings per share (in euros) (1.72) 1.77 Diluted earnings per share (in euros) (1.72) 1.76 Weighted average number of ordinary shares outstanding at end of period 148,566,107 148,566,107 Treasury stock (2,949,477) (2,400,104) Weighted average number of ordinary shares, undiluted 145,616,630 146,166,003 Impact of dilutive instruments (stock options) 155,478 122,180 Weighted average number of ordinary shares, diluted 145,772,108 146,288,183 Weighted average price of the Plastic Omnium share during the period Weighted average share price 20.62 23.78 NOTES TO THE BALANCE SHEET NOTE 5 Assets 5.1 Goodwill 5.1.1 For the 2020 fiscal year, the assumptions for impairment tests (see Note 1.6.1) carried out at the level of the cash-generating units (CGU) or groups of cash generating units (business segments), namely “Industries” and “Modules” were: the WACC was maintained at 9% and is adjusted where necessary to ● take account of country specificities (India). the growth rate, used in determining the terminal value, is set at 1.5%; ● This rate has been adjusted in the United States (2%) and India (3%). These assumptions are identical to those used for the 2019 fiscal year. The tests conducted did not lead to the recording of any impairment of the Group’s goodwill at December 31, 2020. An increase in the discount rate of 0.5% or a reduction of 0.5% in the long-term growth rate or 1 point decrease in the operating margin rate would have no impact on the test results. Goodwill In thousands of euros Gross Value Impairment Net value GOODWILL AT JANUARY 1, 2019 1,015,730 - 1,015,730 Translation differences 2,100 - 2,100 GOODWILL AT DECEMBER 31, 2019 1,017,830 - 1,017,830 Goodwill HBPO Hicom (1) 2,931 - 2,931 Translation differences (6,392) - (6,392) GOODWILL AT DECEMBER 31, 2020 1,014,369 - 1,014,369 HBPO GmbH took over HBPO Hicom in Malaysia on October 1st, 2020 and acquired for an amount of €0.8 million 11% of interests, increasing its stake from 40% (1) to 51%. See Note 2.2.2.2 in the “Significant events of the period”.