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 192 INCOME STATEMENT 5.2.2 In thousands of euros Notes 2020 % 2019 % CONSOLIDATED SALES (REVENUE) 7,073,227 100.0% 8,493,550 100.0% Cost of goods and services sold 4.2 (6,431,646) -90.9% (7,454,127) -87.8% GROSS PROFIT 641,581 9.1% 1,039,423 12.2% Research and Development costs 4.1 – 4.2 (266,064) -3.8% (253,249) -3.0% Selling costs 4.2 (33,714) -0.5% (37,280) -0.4% Administrative expenses 4.2 (230,237) -3.3% (247,506) -2.9% OPERATING MARGIN BEFORE AMORTIZATION OF INTANGIBLE ASSETS ACQUIRED IN BUSINESS COMBINATIONS AND BEFORE SHARE OF PROFIT OF ASSOCIATES AND JOINT VENTURES 111,567 1.6% 501,388 5.9% Amortization of intangible assets acquired in business combinations 4.4 (22,393) -0.3% (27,210) -0.3% Share of profit/loss of associates and joint ventures 4.5 29,101 0.4% 36,454 0.4% OPERATING MARGIN 118,275 1.7% 510,632 6.0% Other operating income 4.6 27,234 0.4% 167,694 2.0% Other operating expenses 4.6 (361,025) -5.1% (234,731) -2.8% Borrowing costs 4.7 (59,836) -0.8% (77,068) -0.9% Other financial income and expenses 4.7 (8,701) -0.1% (697) -0.0% PROFIT FROM CONTINUING OPERATIONS BEFORE INCOME TAX AND AFTER SHARE OF PROFITS OF ASSOCIATES AND JOINT VENTURES (284,053) -4.0% 365,830 4.3% Income tax 4.8 31,002 0.4% (89,860) -1.1% NET INCOME (253,051) -3.6% 275,970 3.2% Net profit attributable to non-controlling interests 4.9 (1,940) -0.0% 17,773 0.2% NET PROFIT ATTRIBUTABLE TO OWNERS OF THE PARENT COMPANY (251,112) -3.6% 258,197 3.0% Earnings per share attributable to owners of the parent company 4.10 Basic earnings per share (in euros) (1) ● (1.72) 1.77 Diluted earnings per share (in euros) (2) ● (1.72) 1.76 Basic earnings per share are calculated using the weighted average number of ordinary shares outstanding, less the average number of shares held in treasury (1) stock. Diluted earnings per share take into consideration the average number of treasury shares deducted from equity and shares related to the exercise of stock (2) option programs.