LISI GROUP - Activity report 2019

Statement of financial position ASSETS (in thousands of euros) 12/31/2019 12/31/2018 Non-current assets Goodwill 354,552 347,787 Other intangible assets 29,393 26,975 Tangible assets 732,776 676,657 Non-current financial assets 16,977 8,923 Deferred tax assets 17,312 11,894 Other non-current assets 9 480 TOTAL NON-CURRENT ASSETS 1,151,022 1,072,716 Current assets Inventories 321,639 351,009 Taxes - Claim on the state 16,206 22,032 Trade and other receivables 275,072 263,141 Cash and cash equivalents 236,809 156,879 TOTAL SHORT-TERM ASSETS 849,727 793,061 TOTAL ASSETS 2,000,748 1,865,775 TOTAL EQUITY AND LIABILITIES (in thousands of euros) 12/31/2019 12/31/2018 Shareholders’ equity Capital stock 21,646 21,646 Additional paid-in capital 75,329 75,329 Treasury shares (14,435) (15,175) Consolidated reserves 844,386 757,720 Conversion reserves 21,819 12,339 Other income and expenses recorded directly as shareholders’ equity (6,877) (6,918) Profit (loss) for the period 69,773 92,069 TOTAL SHAREHOLDERS’ EQUITY - GROUP’S SHARE 1,011,642 937,010 Minority interests 9,740 6,625 TOTAL SHAREHOLDERS’ EQUITY 1,021,382 943,634 Non-current liabilities Non-current provisions 64,993 65,475 Non-current borrowings 412,310 337,354 Other non-current liabilities 10,705 8,452 Deferred tax liabilities 40,091 37,745 TOTAL NON-CURRENT LIABILITIES 528,099 449,025 Short-term liabilities Current provisions 23,069 13,404 Current borrowings* 156,423 158,831 Trade and other accounts payable 270,447 298,469 Taxes due 1,328 2,411 TOTAL SHORT-TERM LIABILITIES 451,267 473,116 TOTAL SHAREHOLDERS’ EQUITY AND LIABILITIES 2,000,748 1,865,775 (*) of which banking facilities 8,273 20,480 93 LISI 2019