HALF-YEARLY FINANCIAL REPORT

30 June 2021

ACTIA Group

French limited liability company with a Board of Directors

with Share Capital of €15,074,955.75

Head Office: 5, rue Jorge Semprun

31400 Toulouse

Toulouse Trade and Companies Register: 542,080,791

We present herein the interim financial report covering the six-month period ended 30 June 2021, drawn up in compliance with the provisions of Article L.451-1-2 III of the French Monetary and Financial Code and Articles 222-4 et seq. of the French Financial Markets Authority (AMF) General Regulation.

This report has been distributed in compliance with the provisions of Article 221-3 of the AMF General Regulation. It is also available on our company site - www.actia.com.

Half-Yearly Financial Report - 30 June 2021

2

Contents

CONTENTS

1

CHAIRMAN'S STATEMENT

5

2

HALF-YEARLY MANAGEMENT REPORT

6

2.1

The figures

6

2.1.1

Turnover

6

2.1.2

Results

7

2.2

Business activity

10

2.2.1

Automotive Division

10

2.2.2

Telecommunications Division

12

2.3

Outlook

13

2.4

Principal related party transactions

14

3

CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS

15

3.1

Consolidated balance sheet

15

3.2

Consolidated income statement

17

3.3

Statement of comprehensive income

17

3.4

Statement of changes in equity

18

3.5

Consolidated cash flow statement

19

3.6

Notes to the consolidated financial statements

19

Note 1.

Information about the Group - Entity presenting the financial statements

19

Note 2.

Accounting principles

19

Note 2.1

Basis for the preparation of the financial statements

19

Note 2.2

Use of estimates and judgements

20

Note 2.3

Changes to IFRS

20

Note 3.

Consolidated companies

20

Note 4.

Intangible assets

20

Note 5.

Tangible fixed assets

21

Note 6.

Stocks and work in progress

21

Note 7.

Trade and other receivables

22

Note 8.

Other contractual assets and liabilities

23

Note 9.

Cash, cash equivalents and financial instruments at fair value through

profit and loss

23

Note 9.1

Cash and cash equivalents

23

Note 9.2

Financial instruments at fair value through profit and loss

23

Note 10.

Deferred taxation

24

Note 11.

Financial assets and liabilities

24

Note 11.1 Financial assets

25

Note 11.2 Financial liabilities

25

Note 12.

Debt

26

Note 13.

Equity

28

Note 14.

Earnings per share

29

Note 14.1 Basic earnings per share

29

Note 14.2 Diluted earnings per share

29

Note 15.

Provisions

29

Note 16.

Other current liabilities

30

Note 17.

Operating segments

30

Note 18.

Order book

32

Note 19.

Income taxes

33

Note 20.

Notes to the financial result

33

Half-Yearly Financial Report - 30 June 2021

3

Contents

Note 21. Transactions with related parties

33

Note 21.1 With the holding company LP2C S.A.

33

Note 21.2 With investments consolidated by the equity method

34

Note 21.3 With subsidiaries

35

Note 21.4 With members of management bodies

35

Note 21.5 With other related parties

36

Note 22.

Off-balance sheet commitments

36

Note 23.

Security given against assets

37

Note 24.

Risk factors

37

Note 24.1 Liquidity risks

37

Note 24.2 Market risks

39

Note 25.

Post-balance sheet events

40

4

STATUTORY AUDITORS' REPORT

41

Half-Yearly Financial Report - 30 June 2021

4

1. Chairman's statement

1 CHAIRMAN'S STATEMENT

I hereby certify, to the best of my knowledge, that the condensed interim financial statements have been drawn up in compliance with the applicable accounting standards and give a true and fair view of the assets, financial health and results of all the companies included in the scope of consolidation and that the half-yearly management report in Chapter 2 "Half-yearly Management Report" gives a true and fair view of the important events that have occurred during the six months under review and of their effect on the interim accounts, the principal related party transactions, and a description of the principal risks and areas of uncertainty for the remaining six months of the financial year.

20 September 2021

Jean-Louis Pech

Chairman of the Board of Directors

Half-Yearly Financial Report - 30 June 2021

5

Attachments

Disclaimer

Actia Group SA published this content on 13 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 October 2021 13:31:06 UTC.