Plastic Omnium - 2020 Universal Registration Document

CONSOLIDATED FINANCIAL STATEMENTS 2020 Consolidated financial statements at December 31, 2020 PLASTIC OMNIUM UNIVERSAL REGISTRATION DOCUMENT 2020 253 The fair value of financial assets and liabilities at amortized cost was close to the carrying amount, except for borrowings. In thousands of euros Balance sheet values at December 31, 2020 Fair value at December 31, 2020 Total Current Non-current Total Current Non-current Bonds and bank loans (1) 1,434,828 300,830 1,133,998 1,463,608 300,970 1,162,638 In thousands of euros Balance sheet values at December 31, 2019 Fair value at December 31, 2019 Total Current Non-current Total Current Non-current Bonds and bank loans (1) 1,784,909 622,180 1,162,729 1,815,892 628,335 1,187,557 See Note 5.2.6.7 “Reconciliation of gross and net debt”. (1) Methods for measuring fair value: the fair value of listed bonds is determined on the basis of quoted ● prices (level 1). The fair value of other borrowings is determined for each loan by discounting future cash flows at a rate corresponding to the Euribor yield curve at year-end, corrected for the Group’s credit risk (level 2); (principal and interest) for the remaining duration of the product on the balance sheet date (level 2). The discount rate used in this case is the market rate matching the maturity and products’ characteristics; the fair value of monetary and non-monetary UCITS is measured ● according to their last known net asset value (level 1). The fair value of interest rate products (certificates of deposit, time-deposit accounts, negotiable medium-term notes, etc.) is based on discounted future cash flows from coupons and coupons excluding accrued interest other financial assets and financial receivables: items consisting mainly ● of financial receivables recorded on the basis of a discounted value when their maturity is more than one year; most of the derivatives are traded over-the-counter, for which there are ● no listed prices. As a result, their valuation is based on models commonly used by traders to evaluate financial instruments using discounted cash flow models or option valuation models (level 2). ADDITIONAL INFORMATION NOTE 7 Headcount at end of year of controlled companies 7.1 December 31, 2020 December 31, 2019 Excluding temporary Temporary Total Excluding temporary Temporary Total Changes/ Total France 2,850 389 3,239 2,897 517 3,414 -5% % 12.6% 10.3% 12.3% 12.5% 12.5% 12.5% Europe excluding France 10,949 1,839 12,788 11,217 1,892 13,109 -2% % 48.4% 48.6% 48.4% 48.4% 45.9% 48.0% North America 5,358 581 5,939 5,453 790 6,243 -5% % 23.7% 15.4% 22.5% 23.5% 19.2% 22.9% Asia and South America (1) 3,479 974 4,453 3,612 923 4,535 -2% % 15.4% 25.7% 16.9% 15.6% 22.4% 16.6% TOTAL 22,636 3,783 26,419 23,179 4,122 27,301 -3% The “Asia and South America” region includes Turkey, South Africa and Morocco. (1)