Plastic Omnium - 2020 Universal Registration Document

CONSOLIDATED FINANCIAL STATEMENTS 2020 Consolidated financial statements at December 31, 2020 PLASTIC OMNIUM UNIVERSAL REGISTRATION DOCUMENT 2020 245 Portfolio of currency hedges 5.2.7.1.1 December 31, 2020 December 31, 2019 Fair value (in thousands of euros) Notional amount (in thousands of currency units) Medium-term exchange rate Exchange rate at December 31, 2020 Fair value (in thousands of euros) Notional amount (in thousands of currency units) Medium-term exchange rate Exchange rate at December 31, 2019 Currency/ Euro Currency/ Euro Currency/ Euro Currency/ Euro Net sell position (net buy position if >0) USD/EUR – Forward exchange contract +91 (1,922) 1.1667 1.2271 (2,861) (74,181) 1.1805 1.1234 JPY/EUR – Forward exchange contract - - - - (88) (329,595) 126.0400 121.9400 GBP/EUR – Forward exchange contract (8) (3,952) 0.9050 0.8990 - - - - USD/EUR – Forward currency swap +5,868 (529,300) 1.2110 1.2271 +5,001 (416,300) 1.1110 1.1234 GBP/EUR – Forward currency swap +14 (30,000) 0.8987 0.8990 (39) (24,000) 0.8520 0.8508 CHF/EUR – Forward currency swap (43) (9,750) 1.0851 1.0802 (39) (7,240) 1.0915 1.0854 RUB/EUR – Forward currency swap +18 (58,100) 89.1435 91.4671 (20) (48,000) 7.8765 69.9563 CNY/EUR – Forward currency swap +1,232 (438,000) 7.9219 8.0225 (72) (238,000) 7.9177 7.8205 CNY/USD – Forward currency swap (42) (87,707) 6.5945 6.9760 (123) (94,084) 7.0740 6.9615 JPY/EUR – Forward currency swap +379 (3,600,000) 124.8294 126.4900 - - - - TOTAL +7,509 +1,759 Impact of unsettled foreign exchange hedges on income and equity 5.2.7.1.2 In thousands of euros December 31, 2020 December 31, 2019 Impact of change in foreign exchange hedging portfolio on income (ineffective portion) (1) 2,893 4,781 Impact of change in foreign currency hedging portfolio on equity (effective portion) 2,855 (1,077) TOTAL 5,748 3,704 See “Gains or losses on interest rate and currency hedges” in Note 4.7 “Net financial income”. (1) Operating and other liabilities 5.2.8 TRADE PAYABLES 5.2.8.1 In thousands of euros December 31, 2020 December 31, 2019 Trade payables 1,278,933 1,368,188 Due to suppliers of fixed assets 92,817 150,016 TOTAL 1,371,750 1,518,204 OTHER OPERATING LIABILITIES 5.2.8.2 In thousands of euros December 31, 2020 December 31, 2019 Employee benefits expense 164,095 167,813 Income taxes 17,888 57,605 Other taxes 128,337 153,552 Other payables 328,378 282,921 Customer prepayments – Deferred revenues 319,711 352,936 TOTAL 958,409 1,014,826