January 17, 2022
SEMI-ANNUAL FINANCIAL REPORT 2022
FOR THE SIX-MONTH PERIOD
FROM APRIL 1, 2021 TO SEPTEMBER 30, 2021
Note to the reader: The English version of this report is a free translation from the original, which was prepared in French and is available on the company's corporate French website. In the event of any inconsistencies between the original language version of the document in French and this English translation, the French version will take precedence.
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TABLE OF CONTENTS
PAGE
1. CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (FOR THE SIX MONTHS
ENDED SEPTEMBER 30, 2021)............................................................................... | 3 |
- SEMI-ANNUALACTIVITY REPORT (SIX MONTHS ENDED SEPTEMBER 30, 2021) .27
- STATEMENT BY THE PERSON RESPONSIBLE FOR THE SEMI-ANNUAL FINANCIAL
REPORT............................................................................................................... | 35 |
4. STATUTORY AUDITORS' REPORT ON THE 2021-2022SEMI-ANNUAL FINANCIAL
REPORT............................................................................................................... | 36 |
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1. CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (FOR THE SIX MONTHS ENDED SEPTEMBER 30, 2021)
French société anonyme (corporation) with capital of €3,060,274.29
Corporate headquarters: 25 rue Godot de Mauroy 75009 PARIS
341 699 106 RCS PARIS
SEMI-ANNUAL REPORT
FIRST HALF OF THE 2021/2022 FINANCIAL YEAR
(Six months ended September 30, 2021)
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NOTES
In this document, the terms "Atari" or the "Company" refer to Atari SA. The term "Group" refers to the group of companies formed by the Company and its consolidated subsidiaries. The term "Universal Registration Document" refers to Atari's universal registration document, filed with the AMF on Novemer 8, 2020 under the number D21-0916.
.
SUMMARY
CONSOLIDATED BALANCE SHEET ...................................................................................... | 6 |
CONSOLIDATED STATEMENT OF CASH FLOWS .................................................................. | 7 |
STATEMENT OF CHANGES IN CONSOLIDATED SHAREHOLDERS' EQUITY ........................... | 8 |
NOTE 1 - BASIS OF PREPARATION OF THE SEMI-ANNUAL REPORT............................................. | 9 |
NOTE 2 - HIGHLIGHTS OF THE PERIOD ................................................................................ | 12 |
NOTE 3 - INTANGIBLE FIXED ASSETS .................................................................................. | 13 |
NOTE 4 - NON CURRENT FINANCIAL ASSETS ........................................................................ | 14 |
NOTE 5 - EQUITY AFFILIATES ............................................................................................. | 16 |
NOTE 6 - INVENTORIES ..................................................................................................... | 16 |
NOTE 7 - TRADE ACCOUNTS RECEIVABLE ............................................................................ | 16 |
NOTE 8 - OTHER CURRENT ASSETS ..................................................................................... | 17 |
NOTE 9 - ASSETS HELD FOR SALE ....................................................................................... | 17 |
NOTE 10 - SHAREHOLDERS' EQUITY .................................................................................... | 17 |
NOTE 11 - NET DEBT ......................................................................................................... | 21 |
NOTE 12 - LEASE LIABILITIES - CURRENT AND NON-CURRENT ............................................... | 21 |
NOTE 13 - OTHER CURRENT AND NON-CURRENT LIABILITIES ................................................ | 21 |
NOTE 14 - REVENUE FROM ORDINARY ACTIVITIES & SEGMENT INFORMATION ......................... | 22 |
NOTE 15 - CURRENT OPERATING EXPENSES......................................................................... | 23 |
NOTE 16 - OPERATING EXPENSES BY NATURE ...................................................................... | 24 |
NOTE 17 - INCOME FROM EQUITY AFFILIATES ...................................................................... | 24 |
NOTE 18 - NET FINANCIAL INCOME ..................................................................................... | 24 |
NOTE 19 - INCOME TAX ..................................................................................................... | 25 |
NOTE 20 - PROVISIONS AND CONTINGENT LIABILITIES ........................................................ | 25 |
NOTE 21 - OFF-BALANCE SHEET COMMITMENTS................................................................... | 25 |
NOTE 22 - RELATED-PARTY TRANSACTIONS ......................................................................... | 26 |
NOTE 23 - SUBSEQUENT EVENTS ........................................................................................ | 26 |
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CONSOLIDATED INCOME STATEMENT
(M€) | Sept 30, 2021 | Sept 30, 2020 | |
Revenue | Note 14 | 6,0 | 7,8 |
Cost of goods sold | (2,6) | (1,5) | |
GROSS MARGIN | 3,3 | 6,3 | |
Research and development expenses | Note 15 | (3,5) | (4,0) |
Marketing and selling expenses | Note 15 | (0,6) | (1,5) |
General and administrative expenses | Note 15 | (2,1) | (2,0) |
Other operating income (expense) | Note 15 | - | 0,0 |
CURRENT OPERATING INCOME (LOSS) | (2,8) | (1,2) | |
Other income (expense) | - | - | |
OPERATING INCOME (LOSS) | (2,8) | (1,2) | |
Cost of debt | Note 18 | (0,0) | (0,1) |
Other financial income (expense) | Note 18 | 0,2 | (0,3) |
Share of net operational profit of equity affiliates | Note 17 | (0,1) | |
Income tax | Note 19 | (0,0) | (0,0) |
NET INCOME (LOSS) FROM CONTINUING OPERATIONS | (2,8) | (1,5) | |
Net income (loss) from discontinued operations | (0,7) | - | |
NET INCOME (LOSS) FOR THE YEAR | (3,5) | (1,5) | |
Group share | (3,5) | (1,4) | |
Minority interests | (0,0) | (0,1) | |
Basic earnings per share (in euro) | Note 1.3 | -0,011 | -0,005 |
The notes are an integral part of the interim financial statements.
STATEMENT OF COMPREHENSIVE INCOME
(M€) | Sept. 30, 2021 | Sept. 30, 2020 |
CONSOLIDATED NET INCOME | (3,5) | (1,5) |
Elements dirrectly incurred in net equity: | ||
Translation adjustments | 0,5 | (1,4) |
Financial assets valued at fair value through the other | (0,0) | - |
comprehensive income | ||
Other transactions | - | - |
Total result directly recognised in equity | 0,5 | (1,4) |
COMPREHENSIVE INCOME | (3,0) | (2,9) |
Of which: Group | (3,0) | (2,8) |
Of which: Minority interests | (0,0) | (0,1) |
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Atari SA published this content on 17 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 January 2022 18:14:04 UTC.