Plastic Omnium - 2020 Universal Registration Document

2020 STATUTORY FINANCIAL STATEMENTS Notes to the statutory financial statements PLASTIC OMNIUM UNIVERSAL REGISTRATION DOCUMENT 2020 281 Forward financial instruments and hedging transactions The currency swaps portfolio, created to hedge foreign-currency loans granted to subsidiaries, stood as follows: Portfolio at December 31, 2020 Currency In thousands of euros Nominal Currency Fair value Assets Fair value Liabilities Fair value CNY/EUR 390,000 978 (185) 793 USD/EUR 163,300 4,476 (289) 4,187 TOTAL - 5,454 (474) 4,980 Portfolio at December 31, 2019 Currency In thousands of euros Nominal Currency Fair value Assets Fair value Liabilities Fair value CNY/EUR 190,000 20 (224) (204) USD/EUR 213,300 4,070 (625) 3,445 TOTAL - 4,090 (849) 3,241 Trade payables, tax and other liabilities Compagnie Plastic Omnium SE has an income tax liability in respect of the tax consolidation group of €1.9 million and a liability with social organizations of €0.6 million at December 31, 2020. Other liabilities mainly relate to tax current accounts with the other corporate members of the tax group for €39.5 million (including €31.8 million relating to tax credits). Accrued expenses In thousands of euros 2020 Other bonds, accrued interest 5,791 Bank borrowings and liabilities - Net financial liabilities - Trade payables 7,281 Other liabilities 874 TOTAL 13,946 Related companies Balance sheet items In thousands of euros 2020 Assets Shares in subsidiaries and affiliates 1,161,463 Loans 731,703 Trade receivables 4,882 Short-term loans – Current accounts 705,694 Other receivables 4,112 Liabilities Trade payables 2,283 Other liabilities 39,500