8 Financial and accounting information 2021 Consolidated Financial Statements SAINT-GOBAIN UNIVERSAL REGISTRATION DOCUMENT 2021 281 Notes to the consolidated financial statements Accounting principles and Note 1 policies 282 Standards applied 1.1 282 Estimates and assumptions 1.2 283 Impacts of the Covid-19 Note 2 pandemic 283 Climate issues Note 3 284 The commitment to carbon neutrality is at 3.1 the heart of the Group’s strategy 284 The commitment to carbon neutrality is taken 3.2 into account when preparing the Group’s financial statements 284 Scope of consolidation Note 4 285 Accounting principles related to 4.1 consolidation 285 Changes in Group structure 4.2 286 Assets and liabilities held for sale 4.3 288 Changes in the number of consolidated 4.4 companies 289 Off-balance sheet commitments related to 4.5 companies within the scope of consolidation 289 Information concerning the Note 5 Group’s operating activities 290 Income statement items 5.1 290 Segment information 5.2 291 Performance indicators 5.3 293 Working capital 5.4 295 Off-balance sheet commitments related to 5.5 operating activities 296 Employees, personnel Note 6 expenses and employee benefit obligations 298 Employees of fully consolidated companies 6.1 298 Management compensation 6.2 298 Provisions for pensions and other employee 6.3 benefits 298 Share-based payments 6.4 302 Intangible assets, property, Note 7 plant and equipment, and right-of-use assets 306 Goodwill 7.1 306 Other intangible assets 7.2 306 Property, plant and equipment 7.3 308 Right-of-use assets linked to leases 7.4 309 Impairment review 7.5 310 Investments in Note 8 equity-accounted companies and other non-current assets 313 Changes in investments in equity-accounted 8.1 companies 313 Transactions with equity-accounted 8.2 companies – related parties 314 Other non-current assets 8.3 314 Other current and Note 9 non-current liabilities and provisions, contingent liabilities and litigation 315 Provisions for other liabilities and charges 9.1 315 Contingent liabilities and litigation 9.2 316 Financing and financial Note 10 instruments 319 Financial risks 10.1 319 Net financial income (expense) 10.2 321 Net debt 10.3 321 Financial instruments 10.4 325 Financial assets and liabilities 10.5 327 Shareholders’ equity and Note 11 earnings per share 328 Equity 11.1 328 Earnings per share 11.2 329 Tax Note 12 330 Income taxes 12.1 330 Deferred tax 12.2 330 Tax loss carry-forwards 12.3 331 Subsequent events Note 13 331 Fees paid to the Statutory Note 14 Auditors 331 Principal consolidated Note 15 companies 332
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