www.se.com 350 Schneider Electric Universal Registration Document 2021 Chapter 5 – Consolidated financial statements at December 31, 2021 5.5 Notes to the consolidated financial statements Contents Note Note 1 Accounting policies 352 2 Changes in the scope of consolidation 362 3 Segment information 364 4 Research and development 365 5 Impairment losses, depreciation and amortization expenses 365 6 Other operating income and expenses 365 7 Other financial income and expenses 366 8 Income tax expenses 366 9 Goodwill 366 10 Intangibles assets 367 11 Property, plant and equipment 369 12 Investments in associates and joint ventures 370 13 Non-current financial assets 372 14 Deferred taxes by Nature 372 15 Inventories and work in progress 373 16 Trade and other operating receivables 373 17 Other receivables and prepaid expenses 374 18 Cash and cash equivalents 374 19 Shareholder’s equity 374 20 Pensions and other post-employment benefit obligations 378 21 Provisions for contingencies and charges 381 22 Total current and non-current financial liabilities 381 23 Classification of financial instruments 383 24 Employees 388 25 Related party transactions 389 26 Commitments and contingent liabilities 389 27 Subsequent events 389 28 Statutory Auditors’ fees 390 29 Consolidated companies 390 All amounts in millions of euros unless otherwise indicated. The following notes are an integral part of the consolidated financial statements. The Schneider Electric Group’s consolidated financial statements for the financial year ended December 31, 2021 were authorized for issue by the Board of Directors on February 16, 2022. They will be submitted to shareholders for approval at the Annual General Meeting of May 5, 2022. The Group’s main businesses are described in Chapter 1 of the Universal Registration Document.