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 224 Property, plant and equipment 5.1.3 Property, plant and equipment corresponds to tangible assets owned but also, since January 1, 2019, to rights-of-use related to leases of tangible assets following the application of IFRS 16 “Leases”. Impairment tests on assets led to the recognition of impairment of tangible assets over the period (see Notes 2.1.2 “Asset impairment tests” and 4.6 “Other operating income and expenses”). In thousands of euros Land Buildings Tech. eq. & tool. Property, plant and equipment under construction Other property, plant and equipment Total CARRYING AMOUNT AT DECEMBER 31, 2019: PROPERTY, PLANT AND EQUIPMENT IN FULL OWNERSHIP 101,258 566,150 638,016 179,579 247,200 1,732,204 Acquisitions (1) 468 14,528 46,333 120,013 36,311 217,654 Disposals (9) (481) (961) - (2,696) (4,148) Change in consolidation scope - - - - 1,385 1,385 Other reclassifications (1,420) 21,050 63,795 (148,510) 64,754 (331) Impairments and reversals (2) (1,875) (30,923) (89,018) (3,868) (25,114) (150,797) Depreciation for the period (1,541) (31,300) (126,321) - (92,205) (251,367) Translation adjustment (4,285) (23,225) (26,921) (4,346) (9,580) (68,357) PROPERTY, PLANT AND EQUIPMENT IN FULL OWNERSHIP: CARRYING AMOUNT AT DECEMBER 31, 2020 (A) 92,597 515,801 504,921 142,868 220,057 1,476,244 CARRYING AMOUNT AT DECEMBER 31, 2019: LEASE RIGHT-OF-USE ASSETS 1,917 186,923 22,904 - 14,972 226,715 Acquisitions (1) 3 46,446 7,941 - 6,134 60,524 Decrease (3) - (10,921) (431) - (564) (11,916) Depreciation for the period (291) (35,050) (7,720) - (7,543) (50,604) Impairments and reversals (2) (923) (11,024) (7,363) - (516) (19,826) Other reclassifications - (2) (2) - (6) (10) Translation adjustment (54) (3,635) (888) - (366) (4,943) RIGHT-OF-USE ASSETS FOR LEASES: CARRYING AMOUNT AT DECEMBER 31, 2020 (B) 652 172,738 14,443 - 12,112 199,945 PROPERTY, PLANT AND EQUIPMENT: CARRYING AMOUNT AT DECEMBER 31, 2020 (C) = (A)+ (B) 93,249 688,539 519,364 142,868 232,169 1,676,189 This item mainly includes: (1)-(3) • the exercise of the option to purchase the “Adrian” site by the Clean Energy Systems Division in the United States; • as well as the acknowledgement of the longer terms of certain leases of French companies for €8 million. The Group has not significantly reviewed its leases contracts with lessors following the Covid-19 crisis. Movements for the period correspond to flows as forecast for the period. In 2020, these items mainly cover impairment following impairment tests carried out during the period. Please refer to Notes 2.1.2 “Asset impairment tests” and (2) 4.6 “Other operating income and expenses”. Information on rental expense resulting from uncapitalized leases: Rental expense on uncapitalized leases amounted to -€11.4 million at December 31, 2020 compared with -€12.4 million at December 31, 2019.