CONSOLIDATED STATEMENT OF FINANCIAL POSITION
(Euro/000) Notes 31 December of which related 31 December of which related 2021 parties 2020 parties (note 10.1) (note 10.1) Brands and other intangible assets - net 5.1 1,070,074 282,308 Goodwill 5.1 603,417 155,582 Property, plant and equipment - net 5.3 913,322 802,987 Investments (in associates for consolidation) 826 0 Other non-current assets 5.9 37,082 33,523 Deferred tax assets 5.4 179,312 150,832 Non-current assets 2,804,033 1,425,232 Inventories and work in progress 5.5 263,521 202,770 Trade account receivables 5.6 234,274 12,085 174,144 11,205 Tax assets 5.12 4,963 5,089 Other current assets 5.9 27,758 21,086 Financial current assets 5.8 722 4,793 Cash and cash equivalent 5.7 932,718 923,498 Current assets 1,463,956 1,331,380 Total assets 4,267,989 2,756,612 Share capital 5.16 54,737 51,671 Share premium reserve 5.16 745,309 173,374 Other reserves 5.16 1,305,407 1,101,652 Net result, Group share 5.16 393,533 300,351 Equity, Group share 2,498,986 1,627,048 Non controlling interests 108 89 Equity 2,499,094 1,627,137 Long-term borrowings 5.15 624,732 562,844 Provisions non-current 5.13 11,320 12,949 Pension funds and agents leaving indemnities 5.14 12,454 7,186 Deferred tax liabilities 5.4 225,621 6,396 Other non-current liabilities 5.11 163 142 Non-current liabilities 874,290 589,517 Short-term borrowings 5.15 289,191 150,423 Trade account payables 5.10 348,953 13,520 211,903 15,851 Tax liabilities 5.12 131,182 93,622 Other current liabilities 5.11 125,279 5,161 84,010 589 Current liabilities 894,605 539,958 Total liabilities and equity 4,267,989 2,756,612
CONSOLIDATED INCOME STATEMENT
(Euro/000) Notes 2021 of which 2020 of which related parties related parties (note 10.1) (note 10.1) Revenue 4.1 2,046,103 1,391 1,440,409 1,198 Cost of sales 4.2 (479,197) (10,640) (350,775) (11,849) Gross margin 1,566,906 1,089,634 Selling expenses 4.3 (608,495) (2,404) (463,583) (1,857) General and administrative expenses 4.4 (237,109) (17,926) (173,444) (14,021) Marketing expenses 4.5 (142,082) (83,786) Operating result 4.6 579,220 368,821 Financial income 4.7 3,061 759 Financial expenses 4.7 (24,669) (24,061) Result before taxes 557,612 345,519 Income taxes 4.8 (164,059) (45,153) Net Result including Minority 393,553 300,366 Non-controlling interests (20) (15) Net result, Group share 393,533 300,351 Earnings per share (unit of Euro) 5.16 1.48 1.19 Diluited earnings per share (unit of Euro) 5.16 1.47 1.18
CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME
(Euro/000) Notes 2021 2020 Net profit (loss) for the period 393,553 300,366 Gains/(Losses) on fair value 5.16 (12,087) 2,916 of hedge derivatives Gains/(Losses) on exchange differences 5.16 19,051 (15,313) on translating foreign operations Items that are or may be reclassified 6,964 (12,397) to profit or loss Other Gains/(Losses) 5.16 (110) (143) Items that will never be reclassified (110) (143) to profit or loss Other comprehensive 6,854 (12,540) income/(loss), net of tax Total Comprehensive income/(loss) 400,407 287,826 Attributable to: Group 400,388 287,823 Non controlling interests 19 3
CONSOLIDATED FINANCIAL STATEMENTS98 99CONSOLIDATED FINANCIAL STATEMENTS MONCLER GROUP
2021
