ANNUAL REPORT 2021

3 4 Separate Statement of Financial Position As at 31 December 2021 (in euros) Note. 31 December 2021 31 December 2020 ASSETS NON-CURRENT ASSETS Property, plant and equipment 5 118 639 690 116 690 955 Intangible assets 6 74 869 84 430 Investments in subsidiaries, joint - ventures and associates 7 79 891 418 78 931 577 Available - for - sale investments - 94 387 Other assets 8 126 139 276 426 Total non-current assets 198 732 116 196 077 775 CURRENT ASSETS Inventories 9 72 001 511 53 452 625 Trade receivables and other financial assets 10 51 782 764 40 438 610 3 000 12 000 Other assets 11 1 990 613 568 623 Cash and cash equivalents 12 175 998 479 260 Total current assets 125 953 886 94 951 118 TOTAL ASSETS 324 686 002 291 028 893 EQUITY AND LIABILITIES CAPITAL AND RESERVES Share capital 13 81 060 590 81 060 590 Legal and other funds 13 16 212 118 16 212 118 Retained earnings 114 025 280 108 366 257 Total equity 211 297 988 205 638 965 LIABILITIES NON-CURRENT LIABILITIES Interest - bearing loans and borrowings 14 23 550 000 27 370 000 Other liabilities 15 3 091 200 2 177 357 Provision for employee benefits 16 8 104 349 7 403 664 Deferred tax liability 17 4 124 154 5 670 487 Total non-current liabilities 38 869 703 42 621 508 CURRENT LIABILITIES Interest - bearing loans and borrowings 14 38 078 198 20 552 374 Trade and other payables 18 36 440 113 22 216 046 Current tax liability - - Total current liabilities 74 518 311 42 768 420 Total liabilities 113 388 014 85 389 928 TOTAL EQUITY AND LIABILITIES 324 686 002 291 028 893 SEPARATE STATEMENT OF FINANCIAL POSITION AS AT 31 DECEMBER 2021 (IN EUROS)