Plastic Omnium - 2018 Registration Document

5 2018 STATUTORY ACCOUNTS Notes to the statutory accounts www.plasticomnium.com PLASTIC OMNIUM 2018 REGISTRATION DOCUMENT 238 On the basis of impairment tests carried out for the 2018 closure, the provision for impairment of the securities of the subsidiary, Plastic Omnium Gmbh, was reversed. The list of subsidiaries and affiliates is presented as follows: Subsidiaries Share capital and currency % interest PLASTIC OMNIUM AUTO EXTERIORS SA – 19, boulevard Jules-Carteret – 69007 Lyon – France EUR 87,156,000 100.0% PLASTIC OMNIUM AUTO INERGY SAS – 19, boulevard Jules-Carteret – 69007 Lyon – France EUR 119,796,330 100.0% PLASTIC OMNIUM GESTION SNC – 19, boulevard Jules-Carteret – 69007 Lyon – France EUR 2,011,500 100.0% PLASTIC OMNIUM FINANCE SNC – 19, boulevard Jules-Carteret – 69007 Lyon – France EUR 247,500 100.0% PLASTIC OMNIUM MANAGEMENT 3 SAS – 19, boulevard Jules-Carteret – 69007 Lyon – France EUR 37,500 100.0% PLASTIC OMNIUM MANAGEMENT 4 SAS – 19, boulevard Jules-Carteret – 69007 Lyon – France EUR 37,500 100.0% PLASTIC OMNIUM GmbH – Romanstrasse 35 – 80639 Munich – Germany EUR 13,500,000 100.0% PLASTIC OMNIUM RE AG – Schochenmühlestrasse 2 – 6340 Baar – Switzerland CHF 16,167,000 100.0% PLASTIC OMNIUM INC. – 1209 Orange Street, Wilmington, Delaware 19801 – United States USD 60,100 100.0% PLASTIC OMNIUM INERGY (SHANGHAI) CONSULTING CO. LTD 3502, Block 2, 391 Guiping Road – Xuhui District – Shanghai – PR China EUR 250,000 100.0% PLASTIC OMNIUM HOLDING (Shanghai) CO. LTD RM 3501, F35 Building 2 N° 391 Guiping Road Shanghai – PR China EUR 70,000,000 100.0% Affiliates BPO AS – Y. Yalova Yolu 8 km, Panayir – Bursa – Turkey TRL 5,000,000 50.0% D – RECEIVABLES In thousands of euros 2018 Maturity date Less than 1 year Maturity date More than 1 year Prepayments to suppliers 45 45 Trade receivables 8,168 8,168 Tax receivables 59,263 18,374 40,889 Short-term loans – Current accounts 1,160,959 1,160,959 Other receivables 6,416 6,416 TOTAL, NET 1,234,851 1,193,962 40,889 Trade receivables mainly consisted of €4.4 million of accrued income of companies of the Compagnie Plastic Omnium Group, including €2.4 million in royalties and €1.6 million for the re-invoicing of patent protection costs. Tax receivables primarily include: €34.9 million of research tax credits from consolidated subsidiaries; ● €17.2 million of competitiveness and employment tax credits from ● subsidiaries consolidated in the fiscal years 2015 to 2018; €3.9 million of unallocated tax withholding; ● €2.4 million of deductible VAT. ● Amounts received as competitiveness and employment tax credits will be used by wholly-owned subsidiaries in accordance with Article 244 quater C of the French General Tax Code. The change of financial receivables primarily reflects the intra-Group financing of the increased investment by the Compagnie Plastic Omnium Group in the subsidiary HBPO. Other receivables mainly refer to tax current accounts owed by various companies belonging to the tax group headed by Compagnie Plastic Omnium.