GL events : 2021 Interim Financial Report

2021 INTERIM

FINANCIAL REPORT

• INTERIM FINANCIAL REPORT

CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTS AT 30 JUNE 2021

1	- CONSOLIDATED STATEMENT OF FINANCIAL POSITION	2
2	- INCOME STATEMENT	3
3	- CASH FLOW STATEMENT	4
4	- STATEMENT OF CHANGES IN EQUITY	5
5	- NOTES TO THE INTERIM FINANCIAL STATEMENTS

	Note 1 Significant accounting policies and basis of consolidation	6
	Note 2 Information on consolidation	8
	Note 3	Segment reporting	11
	Note 4 Balance sheet information	12
	Note 5	Income statement information	18
	Note 6	Off-balance sheet commitments	19
	Note 7	Transactions with related parties	20
INTERIM MANAGEMENT REPORT
1	- MATERIAL EVENTS AND OPERATING HIGHLIGHTS OF THE 2021 FIRST HALF	21
2	- SUBSEQUENT EVENTS	25
3	- OUTLOOK AND UNCERTAINTIES	26
RESPONSIBILITY STATEMENT	27
STATUTORY AUDITORS' REPORT	28

Translation disclaimer: This document is a free translation of the original French language version of the interim financial report (rapport semestriel) provided solely for the convenience of English-speaking readers. This report should consequently be read in conjunction with, and construed in accordance with French law and French generally accepted accounting principles. While all possible care has been taken to ensure that this translation is an accurate representation of the original French document, this English version has not been audited by the company's statutory auditors and in all matters of interpretation of information, views or opinions expressed therein, only the original language version of the document in French is legally binding. As such, the translation may not be relied upon to sustain any legal claim, nor be used as the basis of any legal opinion and GL events expressly disclaims all liability for any inaccuracy herein.

 2021 interim financial report  1 

• CONSOLIDATED BALANCE SHEET

(€ thousands)	Notes	30/06/2021	31/12/2020
Goodwill	4.1	743,175	730,786
Other intangible assets	4.1	41,884	39,390
IFRS 16 concessions and leases	4.1	446,623	444,126
Land and buildings	4.2	274,464	256,933
Other tangible fixed assets	4.2	38,269	40,219
Capitalised rental equipment	4.2	106,361	111,781
Financial assets	4.3	65,805	64,294
Equity-accounted investments	4.4	2,199	2,837
Deferred tax assets		64,559	51,520
NON-CURRENT ASSETS		1,783,340	1,741,886
Inventories & work in progress		33,195	33,014
Trade receivables	4.5	159,683	128,614
Other receivables	4.6	188,563	140,835
Cash and cash equivalents	4.10	462,030	364,539
CURRENT ASSETS		843,471	667,001
TOTAL		2,626,811	2,408,887
(€ thousands)	Notes	30/06/2021	31/12/2020
Share capital	4.7	119,931	119,931
Reserves and additional paid in capital	4.7	406,376	485,927
Translation adjustments	4.7	(201,307)	(205,109)
Net profit / (loss)		(31,377)	(77,368)
Shareholders' equity attributable to the Group	293,624	323,381
Non-controlling interests		178,149	70,682
TOTAL SHAREHOLDERS' EQUITY		471,773	394,063
Provisions for retirement severance payments	4.8	12,861	14,812
Deferred tax liabilities		14,836	11,311
Financial debt	4.10	972,052	912,306
Non-current IFRS 16 debt on concessions and leases	4.10	424,825	419,964
NON-CURRENT LIABILITIES		1,424,575	1,358,393
Current provisions for contingencies and expenses	4.9	10,925	12,089
Current financial debt	4.10	146,693	125,371
Current IFRS 16 debt on concessions and leases	4.10	34,375	34,375
Current bank facilities and overdrafts	4.10	5,097	7,651
Advances and instalments		64,119	45,308
Trade payables		175,634	156,231
Tax and employee-related liabilities		95,932	84,257
Other liabilities	4.11	197,689	191,149
CURRENT LIABILITIES		730,463	656,431
TOTAL		2,626,811	2,408,887

 2021 interim financial report  2 

• CONSOLIDATED INCOME STATEMENT

 2021 interim financial report  3 

• CONSOLIDATED CASH FLOW STATEMENT

 2021 interim financial report  4 