Plastic Omnium - 2018 Registration Document

5 2018 STATUTORY ACCOUNTS Statutory Auditors’ report on the financial statements www.plasticomnium.com PLASTIC OMNIUM 2018 REGISTRATION DOCUMENT 250 STATUTORY AUDITORS’ REPORT ON THE FINANCIAL STATEMENTS 5.7 “This is a translation into English of a report issued in French and it is provided solely for the convenience of English-speaking users. This report should be read in conjunction with, and construed in accordance with, French law and professional standards applicable in France.” FOR THE YEAR ENDED DECEMBER 31, 2018 To the Shareholders of the Annual General Meeting of Compagnie Plastic Omnium. OPINION In compliance with the engagement entrusted to us by your Annual General Meeting, we have audited the accompanying financial statements of Compagnie Plastic Omnium for the year ended December 31, 2018. In our opinion, the financial statements give a true and fair view of the assets and liabilities and of the financial position of the Company and of the results of its operations for the year then ended in accordance with French accounting principles. The audit opinion expressed above is consistent with our report to the Audit Committee. BASIS FOR OUR OPINION AUDIT FRAMEWORK We conducted our audit in accordance with professional standards applicable in France. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Our responsibilities under those standards are further described in the Statutory Auditors’ responsibilities for the audit of the financial statements section of our report. INDEPENDENCE We conducted our audit engagement in compliance with independence rules applicable to us, for the period from January 1, 2018 to the date of our report and specifically we did not provide any prohibited non-audit services referred to in Article 5 paragraph 1, of Regulation (EU) no. 537/2014 or in the French Code of ethics for statutory auditors. JUSTIFICATION OF OUR ASSESSMENTS - KEY AUDIT MATTERS In accordance with the requirements of Articles L. 823-9 and R. 823-7 of the French Commercial Code relating to the justification of our assessments, we inform you of the key audit matters relating to risks of material misstatement that, in our professional judgment, were of most significance in our audit of the financial statements for the year, as well as how we addressed those risks. The matters were addressed in the context of our audit of the financial statements as a whole, and in forming our opinion thereon, and we did not provide a separate opinion on specific items of the financial statements. VALUATION OF EQUITY INVESTMENTS AND RECEIVABLES RELATED TO EQUITY INVESTMENTS Note “Accounting principles and methods – Equity investments and related receivables”, note “C – Investments” and note “L – Depreciation, amortization and impairment” of the notes to the financial statements. The equity investments shown on the Compagnie Plastic Omnium balance sheet stood at €955 million as of December 31, 2018 (€952 million net value).