Moncler - Annual report 2020

MONCLER ANNUAL REPORT AT 31 DECEMBER 2020SEPARATE FINANCIAL STATEMENTS 179178

(*) Such items refer to short-term financial assets and financial liabilities whose carrying value is a reasonable approximation of fair value, which was therefore not disclosed.

31 December 2020 (Euro/000) Current Non-current Fair value Level

Financial assets measured at fair value

Interest rate swap used for hedging - - -

Forward exchange contracts used for hedging - - - 2

Sub-total - - -

Financial assets not measured at fair value

Trade and other receivables (*) 136,078 1,142

Cash and cash equivalents (*) 62,293 -

Financial receivables (*) 54,439 -

Sub-total 252,810 1,142 -

Total 252,810 1,142 -

31 December 2019 (Euro/000) Current Non-current Fair value Level

Financial assets measured at fair value

Interest rate swap used for hedging - - -

Forward exchange contracts used for hedging - - - -

Sub-total - - -

Financial assets not measured at fair value

Trade and other receivables (*) 60,840 73

Cash and cash equivalents (*) 56,472 -

Financial receivables (*) 18,940 -

Sub-total 136,252 73 -

Total 136,252 73 -

31 December 2020 (Euro/000) Current Non-current Fair value Level

Financial liabilities measured at fair value

Interest rate swap used for hedging - - - 2

Forward exchange contracts used for hedging - - - 2

Other financial liabilities - - - 3

Sub-total - - -

Financial liabilities not measured at fair value

Trade and other payables (*) (19,167) -

Bank overdrafts (*) - -

Short-term bank loans (*) - -

Bank loans (*) - -

IFRS 16 financial loans (*) (323) (994)

Sub-total (19,490) (994) -

Total (19,490) (994) -

31 December 2019 (Euro/000) Current Non-current Fair value Level

Financial liabilities measured at fair value

Interest rate swap used for hedging - - - 2

Forward exchange contracts used for hedging - - - 2

Other financial liabilities - - - 3

Sub-total - - -

Financial liabilities not measured at fair value

Trade and other payables (*) (19,853) -

Bank overdrafts (*) - -

Short-term bank loans (*) - -

Bank loans (*) - .

IFRS 16 financial loans (*) (384) (1,221) -

Sub-total (20,237) (1,221) -

Total (20,237) (1,221) -

8.6. FEES PAID TO INDEPENDENT AUDITORS

Fees paid to independent auditors are summarised below:

8.7. DISCLOSURE PURSUANT TO ITALIAN LAW N. 124/2017

Pursuant to the requirements of Law no. 124/2017, in 2019 the company Moncler S.p.A. benefited from 2,349 thousand euros in tax credit relating to research and development for the year 2019, from 28 thousand euros in tax credit relating to sanitization and PPE and from 39 thousand euros in Art Bonus contribution. For the purposes of the above requirements and with regard to any other grants received falling among the cases provided for, reference is also made to the specific Italian national register, which can be consulted by the public.

SIGNIFICANT EVENTS AFTER THE REPORTING DATE At the date of preparation of this document, there are no significant events that took place after the close of the year.

Audit and attestation services (Euro)

Entity that has provided the service Fees 2020

Audit KPMG S.p.A. 156,721

Rete KPMG S.p.A. -

Attestation services KPMG S.p.A. 50,170

Rete KPMG S.p.A. 2,000

Other services KPMG S.p.A. 32,543

Rete KPMG S.p.A. 237,100

Total 478,534