Altice Europe N : France Holding Pro forma Financial Informat

ALTICE FRANCE HOLDING

STANDALONE FINANCIAL STATEMENTS

FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2020

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Contents
Basis of Preparation	3
Standalone financial statements	4
Net debt information	5

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Basis of Presentation

The information presented below is prepared on a standalone basis to present the financial position, statement of income and cash flows for Altice France Holding S.A. for the nine months ended September 30, 2020. This document should be read in conjunction with the condensed consolidated financial statements of Altice France S.A. for the nine months ended September 30, 2020. The information below has been prepared in accordance with the International Financial Reporting Standards (IFRS).

Standalone financial information

Statement of Income

Statement of Income		September 30,		September 30,
(€m)		2020		2019
Revenues		-		-
Purchasing and subcontracting costs		-		-
Other operating expenses
	(1.8)		-
Staff costs and employee benefits		-		-
Depreciations, amortizations and impairments		-		-
Other expenses and income (**)		(0.0)		-
Operating profit		(1.8)		-
Finance income		11.0		-
Interest relative to gross financial debt		(216.0)		-
Realized and unrealized gains/(loss) on derivative instruments linked to financial debt		37.9		-
Other financial expenses		105.1		-
Net result on extinguishment of financial liabilities		-		-
Finance costs, net		(62.0)		-
Share of earnings of associates and joint ventures		-		-
Profit/(loss) before income tax from continuing operations		(63.8)		-
Income tax benefit/(expenses)		(0.1)		-
Profit/(loss) from continuing operations		(63.9)		-
Profit/(loss) after tax from discontinuing operations		(63.9)		-
Profit/(loss)		(63.9)		-
Attributable to equity holders of the parent		(63.9)		-
Attributable to non-controlling interests		-		-

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Statement of financial position

		September		December 31,
Statement of Financial Position		30,
(€m)		2020		2019
Assets
Financial assets		11,542.6		-
Total non-current assets		11,542.6		-
Financial assets		10.8		-
Cash and cash equivalents		5.0		-
Total current assets		15.8		-
Total Assets		11,558.5		-
		September		December 31,
Statement of Financial Position		30,
(€m)		2020		2019
Equity and liabilities
Issued capital		401.0		-
Additional paid in capital		3,088.1		-
Reserves		3,182.5		-
Equity attributable to owners of the company		6,671.6		-
Non-controlling interests
Total equity		6,671.6		-
Borrowings, financial liabilities and relating hedging instruments		4,656.2		-
Other financial liabilities		230.2		-
Total non-current liabilities		4,886.5		-
Trade and other payables
	0.2		-
Current tax liabilities		0.1		-
Total Current liabilities			-
	0.3
Total Equity & liabilities		11,558.5		-

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