Umicore

Registration Form • Mar 28, 2023

	ANNUAL ACCOUNTS AND OTHER DOCUMENTS TO BE FILED IN ACCORDANCE WITH THE BELGIAN COMPANIES AND ASSOCIATIONS CODE
	IDENTIFICATION DETAILS (at the filing date)
NAME: UMICORE
1 Legal form :	Public limited liability company
Address: BROEKSTRAAT			N°.	31 , box .
Postal code: 1000	Town: Brussel 1
Country: Belgium
2 Website :	Register of legal persons - commercial court: Brussel, French-speaking www.umicore.com
: 2 E-mail address
		Company registration number		0401.574.852
DATE	06-May-22 the deed of incorporation and of the deed of amendment of the articles of association.	of filing the most recent document mentioning the date of publication of
3 This filing concerns :
the ANNUAL ACCOUNTS in X	4 EURO (2 decimals)	approved by the general meeting of		27-Apr-23
the OTHER DOCUMENTS X
regarding
	the financial year covering the period from	01-Jan-22	to	31-Dec-22
	the preceding period of the annual accounts from	01-Jan-21	to	31-Dec-21
	5 The amounts for the preceding period are are not /	identical to the ones previously published.
Total number of pages filed: because they serve no useful purpose:	54	Numbers of the sections of the standard model form not filed 6.2.4, 6.2.5, 6.5.2, 6.18.2, 6.19, 6.20, 7, 8, 9, 11, 12, 13, 14, 15

Signature (name and position) PEFEROEN WANNES Chief Financial Officer

Signature (name and position) MIEDREICH Mathias Chief Executive Officer

5 Strike out what does not apply.

F-cap 1

Where appropriate, "in liquidation" is stated after the legal form. 1

Optional mention. 2

³ Tick the appropriate box(es).

If necessary, change to currency in which the amounts are expressed. 4

LIST OF DIRECTORS, BUSINESS MANAGERS AND AUDITORS AND DECLARATION REGARDING A COMPLIMENTARY REVIEW OR CORRECTION ASSIGNMENT

LIST OF DIRECTORS, BUSINESS MANAGERS AND AUDITORS

COMPLETE LIST with surname, first names, profession, place of residence (address, number, postal code and town) and position within the company

LEYSEN THOMAS Profession : .

ROSIER 21, 2000 Antwerpen, Belgium

Mandate: President of the board of directors, start: 29/04/2021, end: 25/04/2024

ARMERO MARIO Profession : .

C/ALFONSO XII 18, 28014 MADRID, Spain

Mandate: Director, start: 30/04/2020, end: 27/04/2023

BEHRENDT BIRGIT Profession : .

AMSELSTRASSE 2, 50858 KOLN, Germany

Mandate: Director, start: 29/04/2021, end: 25/04/2024

CHOMBAR FRANCOISE Profession : . BOEKTLAAN 14, 3550 Heusden-Zolder, Belgium

Mandate: Director, start: 28/04/2022, end: 24/04/2025

DE BACKERE KOENRAAD Profession : .

ALFONS STESSELSTRAAT 8, 3012 Wilsele, Belgium

Mandate: Director, start: 29/04/2021, end: 25/04/2024

GARRETT MARK Profession : .

BUNDTENWEG 76, 4102 BINNINGEN, Switzerland

Mandate: Director, start: 29/04/2021, end: 25/04/2024

KOLMSEE INES Profession : .

TRAUBINGERSTRASSE 18, 82327 TUTZING, Germany

Mandate: Director, start: 30/04/2020, end: 27/04/2023

MEURICE ERIC Profession : . HANGMOOR CALLOW HILL ., box ., GU25 4L VIRGINIA WATER, United Kingdom

Mandate: Director, start: 29/04/2021, end: 25/04/2024

RAETS LAURENT Profession : .

KWAENIJKSTRAAT 38, 3191 Hever, Belgium

Mandate: Director, start: 28/04/2022, end: 24/04/2025

LIST OF DIRECTORS, BUSINESS MANAGERS AND AUDITORS (continued from previous page)

HENWOOD ALISON Profession : .

Stradella Road, Herne Hill 85, SE249HL LONDON, United Kingdom

Mandate: Director, start: 01/09/2022, end: 24/04/2025

EY Bedrijfsrevisoren BV BV 0446.334.711

DE KLEETLAAN 2, 1831 Diegem, Belgium

Membership number: B00160

Mandate: Auditor, start: 29/04/2021, end: 25/04/2024

Represented by:

VAN DOOREN MARNIX 1.

DE KLEETLAAN 2 1831 Diegem Belgium

• ., Membership number : A01753
• NAESSENS EEF 2.

DE KLEETLAAN 2 1831 Diegem Belgium

, Membership number : A02481

DECLARATION REGARDING A COMPLIMENTARY REVIEW OR CORRECTION ASSIGNMENT

The managing board declares that not a single audit or correction assignment has been given to a person not authorized to do so by law, pursuant to articles 34 and 37 of the law of 22 April 1999 concerning accounting and tax professions.

The annual accounts were / were not * audited or corrected by an external accountant or by a company auditor who is not the statutory auditor.

If affirmative, should be mentioned hereafter: surname, first names, profession and address of each external accountant or company auditor and their membership number at their Institute, as well as the nature of their assignment:

• A. Bookkeeping of the company **,
• B. Preparing the annual accounts **,
• C. Auditing the annual accounts and/or
• D. Correcting the annual accounts.

If the tasks mentioned under A or B are executed by certified accountants or certified bookkeepers - tax experts, the following information can be mentioned hereafter: surname, first names, profession and address of each certified accountant or certified bookkeeper-tax expert and their membership number at the Institute of Accounting professionals and Tax Experts, as well as the nature of their assignment.

Surname, first names, profession and address	Membership number	Nature of the assignment (A, B, C and/or D)

^* Strike out what does not apply.

^** Optional mention.

ANNUAL ACCOUNTS

BALANCE SHEET AFTER APPROPRIATION

	Notes	Codes	Period	Preceding period
ASSETS
FORMATION EXPENSES	6.1	20	6.228.042,22	10.287.865,76
FIXED ASSETS		21/28	3.536.934.224,07	3.286.002.272,99
Intangible fixed assets	6.2	21	114.395.954,69	99.067.332,72
Tangible fixed assets	6.3	22/27	461.517.294,11	460.545.710,31
Land and buildings		22	172.957.077,04	175.873.424,72
Plant, machinery and equipment		23	221.741.045,78	234.249.507,62
Furniture and vehicles		24	15.636.288,51	16.251.124,45
Leasing and other similar rights		25	2.241.250,00	2.406.250,00
Other tangible fixed assets		26	21.310.326,46	16.295.607,51
Assets under construction and advance payments		27	27.631.306,32	15.469.796,01
Financial fixed assets	6.4 / 6.5.1	28	2.961.020.975,27	2.726.389.229,96
Affiliated Companies	6.15	280/1	2.959.521.827,50	2.724.897.582,19
Participating interests		280	2.959.521.827,50	2.724.897.582,19
Amounts receivable		281
Other companies linked by participating interests	6.15	282/3	128.765,19	128.765,19
Participating interests		282	128.765,19	128.765,19
Amounts receivable		283
Other financial fixed assets		284/8	1.370.382,58	1.362.882,58
Shares		284	1.349.777,58	1.349.777,58
Amounts receivable and cash guarantees		285/8	20.605,00	13.105,00

	Notes	Codes	Period	Preceding period
CURRENT ASSETS		29/58	2.631.585.419,04	2.169.187.500,61
Amounts receivable after more than one year		29	435.441.977,22	584.997.593,06
Trade debtors		290
Other amounts receivable		291	435.441.977,22	584.997.593,06
Stocks and contracts in progress		3	720.576.678,34	503.270.943,59
Stocks		30/36	718.543.494,33	501.983.667,40
Raw materials and consumables		30/31	291.689.286,31	262.880.171,87
Work in progress		32	34.972.092,08	71.308.407,12
Finished goods		33	389.335.896,25	164.953.873,68
Goods purchased for resale		34
Immovable property intended for sale		35
Advance payments		36	2.546.219,69	2.841.214,73
Contracts in progress		37	2.033.184,01	1.287.276,19
Amounts receivable within one year		40/41	1.173.296.003,21	861.135.722,31
Trade debtors		40	894.021.574,18	656.988.909,15
Other amounts receivable		41	279.274.429,03	204.146.813,16
Current investments	6.5.1 / 6.6	50/53	226.271.612,36	185.935.571,25
Own shares		50	212.761.383,12	185.935.571,25
Other investments		51/53	13.510.229,24
Cash at bank and in hand		54/58	4.603.094,11	559.147,66
Accruals and deferred income	6.6	490/1	71.396.053,80	33.288.522,74
TOTAL ASSETS		20/58	6.174.747.685,33	5.465.477.639,36

	Notes	Codes	Period	Preceding period
EQUITY AND LIABILITIES
EQUITY		10/15	2.396.506.866,72	2.296.047.566,72
Contributions	6.7.1	10/11	1.398.129.765,90	1.398.129.765,90
Capital		10	550.000.000,00	550.000.000,00
Issued capital		100	550.000.000,00	550.000.000,00
6 Uncalled capital		101
Beyond capital		11	848.129.765,90	848.129.765,90
Share premium account		1100/10	848.129.765,90	848.129.765,90
Other		1109/19
Revaluation surpluses		12	90.952,00	90.952,00
Reserves		13	417.915.250,47	391.089.438,60
Reserves not available		130/1	267.761.383,12	240.935.571,25
Legal reserve		130	55.000.000,00	55.000.000,00
Reserves not available statutorily		1311
Purchase of own shares		1312	212.761.383,12	185.935.571,25
Financial support		1313
Other		1319
Untaxed reserves		132	150.153.867,35	150.153.867,35
Available reserves		133
Accumulated profits (losses)	(+)/(-)	14	570.305.562,16	492.586.190,17
Capital subsidies		15	10.065.336,19	14.151.220,05
Advance to shareholders on the distribution of net 7 assets		19
PROVISIONS AND DEFERRED TAXES		16	180.278.514,88	198.047.179,99
Provisions for liabilities and charges		160/5	180.278.514,88	198.047.179,99
Pensions and similar obligations		160	44.364.807,81	72.098.719,54
Taxes		161
Major repairs and maintenance		162	2.005.049,55	3.325.286,24
Environmental obligations		163	118.791.440,25	108.525.089,11
Other liabilities and charges	6.8	164/5	15.117.217,27	14.098.085,10
Deferred taxes		168

Amount to be deducted from the issued capital. 6

Amount to be deducted from the other components of equity. 7

	Notes	Codes	Period	Preceding period
AMOUNTS PAYABLE		17/49	3.597.962.303,73	2.971.382.892,65
Amounts payable after more than one year	6.9	17	1.619.444.501,09	1.707.588.653,30
Financial debts		170/4	1.619.444.501,09	1.707.588.653,30
Subordinated loans		170
Unsubordinated debentures		171
Leasing and other similar obligations		172	2.444.501,09	2.588.653,30
Credit institutions		173	1.117.000.000,00	1.205.000.000,00
Other loans		174	500.000.000,00	500.000.000,00
Trade debts		175
Suppliers		1750
Bills of exchange payable		1751
Advance payments on contracts in progress		176
Other amounts payable		178/9
Amounts payable within one year	6.9	42/48	1.829.548.969,17	1.172.422.719,70
Current portion of amounts payable after more than one year falling due within one year		42	88.000.000,00
Financial debts		43	665.982.184,59	150.932.935,67
Credit institutions		430/8
Other loans		439	665.982.184,59	150.932.935,67
Trade debts		44	835.915.969,66	785.431.153,21
Suppliers		440/4	798.280.837,94	783.646.285,79
Bills of exchange payable		441	37.635.131,72	1.784.867,42
Advance payments on contracts in progress		46		544,44
Taxes, remuneration and social security	6.9	45	96.212.399,05	92.606.334,57
Taxes		450/3	10.280.943,18	13.167.464,46
Remuneration and social security		454/9	85.931.455,87	79.438.870,11
Other amounts payable		47/48	143.438.415,87	143.451.751,81
Accruals and deferred income	6.9	492/3	148.968.833,47	91.371.519,65
TOTAL LIABILITIES		10/49	6.174.747.685,33	5.465.477.639,36

PROFIT AND LOSS ACCOUNT

		Notes	Codes	Period	Preceding period
Operating income			70/76A	7.093.132.799,04	6.229.378.070,78
Turnover		6.10	70	6.525.169.559,95	6.005.640.221,51
Stocks of finished goods and work and contracts in progress: increase (decrease)	(+)/(-)		71	123.017.271,74	-60.446.358,44
Produced fixed assets			72	91.414.179,19	79.630.795,88
Other operating income		6.10	74	348.420.976,16	204.553.411,83
Non-recurring operating income		6.12	76A	5.110.812,00
Operating charges			60/66A	6.932.583.371,86	5.947.989.284,07
Goods for resale, raw materials and consumables			60	5.996.178.001,98	5.203.286.945,79
Purchases			600/8	6.093.538.889,95	5.151.473.747,60
Stocks: decrease (increase)	(+)/(-)		609	-97.360.887,97	51.813.198,19
Services and other goods			61	428.490.035,00	274.471.478,55
Remuneration, social security and pensions	(+)/(-)	6.10	62	338.245.216,33	313.758.367,47
Amortisations of and other amounts written down on formation expenses, intangible and tangible fixed assets			630	147.391.229,49	147.427.086,97
Amounts written down on stocks, contracts in progress and trade debtors: additions (write-backs)	(+)/(-)	6.10	631/4	2.777.429,92	346.207,22
Provisions for liabilities and charges: appropriations (uses and write-backs)	(+)/(-)	6.10	635/8	-43.833.486,40	-62.411.263,77
Other operating charges		6.10	640/8	34.190.033,48	14.493.196,17
Operating charges reported as assets under restructuring costs	(-)		649
Non-recurring operating charges		6.12	66A	29.144.912,06	56.617.265,67
Operating profit (loss)	(+)/(-)		9901	160.549.427,18	281.388.786,71

		Notes	Codes	Period	Preceding period
Financial income			75/76B	292.049.787,25	213.674.896,69
Recurring financial income			75	235.987.733,21	213.672.254,09
Income from financial fixed assets			750	134.810.851,44	134.256.343,35
Income from current assets			751	16.034.667,54	16.832.640,45
Other financial income		6.11	752/9	85.142.214,23	62.583.270,29
Non-recurring financial income		6.12	76B	56.062.054,04	2.642,60
Financial charges		6.11	65/66B	142.949.359,06	133.578.061,83
Recurring financial charges			65	129.407.271,42	93.200.339,70
Debt charges			650	36.054.853,20	28.643.588,63
Amounts written down on current assets other than stocks, contracts in progress and trade debtors: additions (write-backs)	(+)/(-)		651	170.554,75
Other financial charges			652/9	93.181.863,47	64.556.751,07
Non-recurring financial charges		6.12	66B	13.542.087,64	40.377.722,13
Profit (Loss) for the period before taxes	(+)/(-)		9903	309.649.855,37	361.485.621,57
Transfer from deferred taxes			780
Transfer to deferred taxes			680
Income taxes on the result	(+)/(-)	6.13	67/77	12.968.602,81	51.735.928,02
Taxes			670/3	17.242.026,63	55.382.455,55
Adjustment of income taxes and write-back of tax provisions			77	4.273.423,82	3.646.527,53
Profit (Loss) of the period	(+)/(-)		9904	296.681.252,56	309.749.693,55
Transfer from untaxed reserves			789
Transfer to untaxed reserves			689
Profit (Loss) of the period available for appropriation	(+)/(-)		9905	296.681.252,56	309.749.693,55

APPROPRIATION ACCOUNT

		Codes	Period	Preceding period
Profit (Loss) to be appropriated	(+)/(-)	9906	789.267.442,73	661.913.031,30
Profit (Loss) of the period available for appropriation	(+)/(-)	(9905)	296.681.252,56	309.749.693,55
Profit (Loss) of the preceding period brought forward	(+)/(-)	14P	492.586.190,17	352.163.337,75
Transfers from equity		791/2		22.985.236,37
from contributions		791
from reserves		792		22.985.236,37
Appropriations to equity		691/2	26.825.811,87
to contributions		691
to legal reserve		6920
to other reserves		6921	26.825.811,87
Profit (loss) to be carried forward	(+)/(-)	(14)	570.305.562,16	492.586.190,17
Shareholders' contribution in respect of losses		794
Profit to be distributed		694/7	192.136.068,70	192.312.077,50
Compensation for contributions		694	192.136.068,70	192.312.077,50
Directors or managers		695
Employees		696
Other beneficiaries		697

NOTES ON THE ACCOUNTS

STATEMENT OF FORMATION, CAPITAL INCREASE OR INCREASE OF CONTRIBUTIONS EXPENSES, LOAN ISSUE EXPENSES AND RESTRUCTURING COSTS

	Codes	Period	Preceding period
Net book value at the end of the period	20P	xxxxxxxxxxxxxxx	10.287.865,76
Movements during the period
New expenses incurred	8002
Amortisation	8003	4.059.823,54
Other	8004 (+)/(-)
Net book value at the end of the period	(20)	6.228.042,22
Of which
Formation, capital increase or increase of contributions expenses, loan issue expenses and other formation expenses	200/2
Restructuring costs	204

STATEMENT OF INTANGIBLE FIXED ASSETS

		Period	Preceding period
DEVELOPMENT COSTS
Acquisition value at the end of the period	8051P	xxxxxxxxxxxxxxx	373.873.385,69
Movements during the period
Acquisitions, including produced fixed assets	8021	12.465.801,18
Sales and disposals	8031
Transfers from one heading to another (+)/(-)	8041
Acquisition value at the end of the period	8051	386.339.186,87
Amortisations and amounts written down at the end of the period	8121P	xxxxxxxxxxxxxxx	317.188.984,75
Movements during the period
Recorded	8071	7.251.412,48
Written back	8081
Acquisitions from third parties	8091
Cancelled owing to sales and disposals	8101
Transferred from one heading to another (+)/(-)	8111
Amortisations and amounts written down at the end of the period	8121	324.440.397,23
NET BOOK VALUE AT THE END OF THE PERIOD	81311	61.898.789,64

		Codes	Period	Preceding period
RESEARCH COSTS MADE IN A PERIOD THAT STARTED BEFORE 1 JANUARY 2016
Acquisition value at the end of the period		8055P	xxxxxxxxxxxxxxx
Movements during the period
Acquisitions, including produced fixed assets		8025
Sales and disposals		8035
Transfers from one heading to another	(+)/(-)	8045
Acquisition value at the end of the period		8055
Amortisations and amounts written down at the end of the period		8125P	xxxxxxxxxxxxxxx
Movements during the period
Recorded		8075
Written back		8085
Acquisitions from third parties		8095
Cancelled owing to sales and disposals		8105
Transferred from one heading to another	(+)/(-)	8115
Amortisations and amounts written down at the end of the period		8125
NET BOOK VALUE AT THE END OF THE PERIOD		81312

	Codes	Period
RESEARCH COSTS MADE IN A PERIOD THAT STARTED AFTER 31 DECEMBER 2015
Acquisition value at the end of the period	8056	56.166.149,53
Amortisations and amounts written down at the end of the period	8126	56.166.149,53
NET BOOK VALUE AT THE END OF THE PERIOD	81313

	Codes	Period	Preceding period
CONCESSIONS, PATENTS LICENSES, KNOW-HOW, BRANDS AND SIMILAR RIGHTS
Acquisition value at the end of the period	8052P	xxxxxxxxxxxxxxx	175.263.427,29
Movements during the period
Acquisitions, including produced fixed assets	8022	24.742.051,44
Sales and disposals	8032	8.821.097,65
(+)/(-) Transfers from one heading to another	8042	3.918.537,20
Acquisition value at the end of the period	8052	195.102.918,28
Amortisations and amounts written down at the end of the period	8122P	xxxxxxxxxxxxxxx	132.880.495,51
Movements during the period
Recorded	8072	9.766.522,67
Written back	8082
Acquisitions from third parties	8092
Cancelled owing to sales and disposals	8102	41.264,95
(+)/(-) Transfers from one heading to another	8112
Amortisations and amounts written down at the end of the period	8122	142.605.753,23
NET BOOK VALUE AT THE END OF THE PERIOD	211	52.497.165,05

STATEMENT OF TANGIBLE FIXED ASSETS

		Codes	Period	Preceding period
LAND AND BUILDINGS
Acquisition value at the end of the period		8191P	xxxxxxxxxxxxxxx	458.095.540,81
Movements during the period
Acquisitions, including produced fixed assets		8161	6.621.303,52
Sales and disposals		8171	1.224.747,00
Transfers from one heading to another	(+)/(-)	8181	7.329.247,88
Acquisition value at the end of the period		8191	470.821.345,21
Revaluation surpluses at the end of the period		8251P	xxxxxxxxxxxxxxx	7.682.753,26
Movements during the period
Recorded		8211
Acquisitions from third parties		8221
Cancelled		8231
Transferred from one heading to another	(+)/(-)	8241
Revaluation surpluses at the end of the period		8251	7.682.753,26
Amortisations and amounts written down at the end of the period		8321P	xxxxxxxxxxxxxxx	289.904.869,35
Movements during the period
Recorded		8271	16.746.492,04
Written back		8281
Acquisitions from third parties		8291
Cancelled owing to sales and disposals		8301	1.224.747,00
Transferred from one heading to another	(+)/(-)	8311	120.407,04
Amortisations and amounts written down at the end of the period		8321	305.547.021,43
NET BOOK VALUE AT THE END OF THE PERIOD		(22)	172.957.077,04

	Codes	Period	Preceding period
PLANT, MACHINERY AND EQUIPMENT
Acquisition value at the end of the period	8192P	xxxxxxxxxxxxxxx	1.004.552.973,67
Movements during the period
Acquisitions, including produced fixed assets	8162	13.749.048,78
Sales and disposals	8172	8.911.930,62
Transfers from one heading to another (+)/(-)	8182	20.554.813,64
Acquisition value at the end of the period	8192	1.029.944.905,47
Revaluation surpluses at the end of the period	8252P	xxxxxxxxxxxxxxx
Movements during the period
Recorded	8212
Acquisitions from third parties	8222
Cancelled	8232
Transferred from one heading to another (+)/(-)	8242
Revaluation surpluses at the end of the period	8252
Amortisations and amounts written down at the end of the period	8322P	xxxxxxxxxxxxxxx	770.303.466,05
Movements during the period
Recorded	8272	46.956.691,34
Written back	8282
Acquisitions from third parties	8292
Cancelled owing to sales and disposals	8302	8.935.890,66
(+)/(-) Transferred from one heading to another	8312	-120.407,04
Amortisations and amounts written down at the end of the period	8322	808.203.859,69
NET BOOK VALUE AT THE END OF THE PERIOD	(23)	221.741.045,78

		Codes	Period	Preceding period
FURNITURE AND VEHICLES
Acquisition value at the end of the period		8193P	xxxxxxxxxxxxxxx	68.208.463,93
Movements during the period
Acquisitions, including produced fixed assets		8163	2.840.058,30
Sales and disposals		8173	4.369.195,77
Transfers from one heading to another	(+)/(-)	8183	2.405.688,80
Acquisition value at the end of the period		8193	69.085.015,26
Revaluation surpluses at the end of the period		8253P	xxxxxxxxxxxxxxx
Movements during the period
Recorded		8213
Acquisitions from third parties		8223
Cancelled		8233
Transfers from one heading to another	(+)/(-)	8243
Revaluation surpluses at the end of the period		8253
Amortisations and amounts written down at the end of the period		8323P	xxxxxxxxxxxxxxx	51.957.339,48
Movements during the period
Recorded		8273	5.788.177,43
Written back		8283
Acquisitions from third parties		8293
Cancelled owing to sales and disposals		8303	4.296.790,16
Transfers from one heading to another	(+)/(-)	8313
Amortisations and amounts written down at the end of the period		8323	53.448.726,75
NET BOOK VALUE AT THE END OF THE PERIOD		(24)	15.636.288,51

		Codes	Period	Preceding period
LEASING AND OTHER SIMILAR RIGHTS
Acquisition value at the end of the period		8194P	xxxxxxxxxxxxxxx	3.300.000,00
Movements during the period
Acquisitions, including produced fixed assets		8164
Sales and disposals		8174
Transfers from one heading to another	(+)/(-)	8184
Acquisition value at the end of the period		8194	3.300.000,00
Revaluation surpluses at the end of the period		8254P	xxxxxxxxxxxxxxx
Movements during the period
Recorded		8214
Acquisitions from third parties		8224
Cancelled		8234
Transfers from one heading to another	(+)/(-)	8244
Revaluation surpluses at the end of the period		8254
Amortisations and amounts written down at the end of the period		8324P	xxxxxxxxxxxxxxx	893.750,00
Movements during the period
Recorded		8274	165.000,00
Written back		8284
Acquisitions from third parties		8294
Cancelled owing to sales and disposals		8304
Transferred from one heading to another	(+)/(-)	8314
Amortisations and amounts written down at the end of the period		8324	1.058.750,00
NET BOOK VALUE AT THE END OF THE PERIOD Of which		(25)	2.241.250,00
Land and buildings		250
Plant, machinery and equipment		251	2.241.250,00
Furniture and vehicles		252

		Codes	Period	Preceding period
OTHER TANGIBLE FIXED ASSETS
Acquisition value at the end of the period		8195P	xxxxxxxxxxxxxxx	36.965.524,50
Movements during the period
Acquisitions, including produced fixed assets		8165	6.091.622,23
Sales and disposals		8175	605.001,00
Transfers from one heading to another	(+)/(-)	8185
Acquisition value at the end of the period		8195	42.452.145,73
Revaluation surpluses at the end of the period		8255P	xxxxxxxxxxxxxxx	601.049,73
Movements during the period
Recorded		8215
Acquisitions from third parties		8225
Cancelled		8235
Transferred from one heading to another	(+)/(-)	8245
Revaluation surpluses at the end of the period		8255	601.049,73
Amortisations and amounts written down at the end of the period		8325P	xxxxxxxxxxxxxxx	21.270.966,72
Movements during the period
Recorded		8275	490.960,46
Written back		8285
Acquisitions from third parties		8295
Cancelled owing to sales and disposals		8305	19.058,18
Transferred from one heading to another	(+)/(-)	8315
Amortisations and amounts written down at the end of the period		8325	21.742.869,00
NET BOOK VALUE AT THE END OF THE PERIOD		(26)	21.310.326,46

		Codes	Period	Preceding period
ASSETS UNDER CONSTRUCTION AND ADVANCE PAYMENTS
Acquisition value at the end of the period		8196P	xxxxxxxxxxxxxxx	15.469.796,01
Movements during the period
Acquisitions, including produced fixed assets		8166	46.369.797,83
Sales and disposals		8176
Transfers from one heading to another	(+)/(-)	8186	-34.208.287,52
Acquisition value at the end of the period		8196	27.631.306,32
Revaluation surpluses at the end of the period		8256P	xxxxxxxxxxxxxxx
Movements during the period
Recorded		8216
Acquisitions from third parties		8226
Cancelled		8236
Transferred from one heading to another	(+)/(-)	8246
Revaluation surpluses at the end of the period		8256
Amortisations and amounts written down at the end of the period		8326P	xxxxxxxxxxxxxxx
Movements during the period
Recorded		8276
Written back		8286
Acquisitions from third parties		8296
Cancelled owing to sales and disposals		8306
Transferred from one heading to another	(+)/(-)	8316
Amortisations and amounts written down at the end of the period		8326
NET BOOK VALUE AT THE END OF THE PERIOD		(27)	27.631.306,32

STATEMENT OF FINANCIAL FIXED ASSETS

	Codes	Period	Preceding period
AFFILIATED COMPANIES - PARTICIPATING INTERESTS AND SHARES
Acquisition value at the end of the period	8391P	xxxxxxxxxxxxxxx	2.858.429.822,68
Movements during the period
Acquisitions	8361	184.911.267,26
Sales and disposals	8371	7.094.461,53
Transfers from one heading to another (+)/(-)	8381
Acquisition value at the end of the period	8391	3.036.246.628,41
Revaluation surpluses at the end of the period	8451P	xxxxxxxxxxxxxxx
Movements during the period
Recorded	8411
Acquisitions from third parties	8421
Cancelled	8431
Transferred from one heading to another (+)/(-)	8441
Revaluation surpluses at the end of the period	8451
Amounts written down at the end of the period	8521P	xxxxxxxxxxxxxxx	133.532.240,49
Movements during the period
Recorded	8471
Written back	8481	49.712.978,05
Acquisitions from third parties	8491
Cancelled owing to sales and disposals	8501	7.094.461,53
Transferred from one heading to another (+)/(-)	8511
Amounts written down at the end of the period	8521	76.724.800,91
Uncalled amounts at the end of the period	8551P	xxxxxxxxxxxxxxx
Movements during the period (+)/(-)	8541
Uncalled amounts at the end of the period	8551
NET BOOK VALUE AT THE END OF THE PERIOD	(280)	2.959.521.827,50
AFFILIATED COMPANIES - AMOUNTS RECEIVABLE
NET BOOK VALUE AT THE END OF THE PERIOD	281P	xxxxxxxxxxxxxxx
Movements during the period
Appropriations	8581
Repayments	8591
Amounts written down	8601
Amounts written back	8611
Exchange differences (+)/(-)	8621
Other movements (+)/(-)	8631
NET BOOK VALUE AT THE END OF THE PERIOD	(281)
ACCUMULATED AMOUNTS WRITTEN DOWN ON AMOUNTS RECEIVABLE AT END OF THE PERIOD	8651

		Codes	Period	Preceding period
COMPANIES LINKED BY PARTICIPATING INTERESTS - PARTICIPATING INTERESTS AND SHARES
Acquisition value at the end of the period		8392P	xxxxxxxxxxxxxxx	145.017,71
Movements during the period
Acquisitions		8362
Sales and disposals		8372
Transfers from one heading to another	(+)/(-)	8382
Acquisition value at the end of the period		8392	145.017,71
Revaluation surpluses at the end of the period		8452P	xxxxxxxxxxxxxxx
Movements during the period
Recorded		8412
Acquisitions from third parties		8422
Cancelled		8432
Transferred from one heading to another	(+)/(-)	8442
Revaluation surpluses at the end of the period		8452
Amounts written down at the end of the period		8522P	xxxxxxxxxxxxxxx
Movements during the period
Recorded		8472
Written back		8482
Acquisitions from third parties		8492
Cancelled owing to sales and disposals		8502
Transferred from one heading to another	(+)/(-)	8512
Amounts written down at the end of the period		8522
Uncalled amounts at the end of the period		8552P	xxxxxxxxxxxxxxx	16.252,52
Movements during the period	(+)/(-)	8542
Uncalled amounts at the end of the period		8552	16.252,52
NET BOOK VALUE AT THE END OF THE PERIOD		(282)	128.765,19
COMPANIES LINKED BY PARTICIPATING INTERESTS - AMOUNTS RECEIVABLE
NET BOOK VALUE AT THE END OF THE PERIOD		283P	xxxxxxxxxxxxxxx
Movements during the period
Appropriations		8582
Repayments		8592
Amounts written down		8602
Amounts written back		8612
Exchange differences	(+)/(-)	8622
Other movements	(+)/(-)	8632
NET BOOK VALUE AT THE END OF THE PERIOD		(283)
ACCUMULATED AMOUNTS WRITTEN DOWN ON AMOUNTS RECEIVABLE AT END OF THE PERIOD		8652

		Codes	Period	Preceding period
OTHER COMPANIES - PARTICIPATING INTERESTS AND SHARES
Acquisition value at the end of the period		8393P	xxxxxxxxxxxxxxx	2.368.324,94
Movements during the period
Acquisitions		8363
Sales and disposals		8373	841.608,22
Transfers from one heading to another	(+)/(-)	8383
Acquisition value at the end of the period		8393	1.526.716,72
Revaluation surpluses at the end of the period		8453P	xxxxxxxxxxxxxxx
Movements during the period
Recorded		8413
Acquisitions from third parties		8423
Cancelled		8433
Transferred from one heading to another	(+)/(-)	8443
Revaluation surpluses at the end of the period		8453
Amounts written down at the end of the period		8523P	xxxxxxxxxxxxxxx	1.017.157,92
Movements during the period
Recorded		8473
Written back		8483
Acquisitions from third parties		8493
Cancelled owing to sales and disposals		8503	841.608,22
Transferred from one heading to another	(+)/(-)	8513
Amounts written down at the end of the period		8523	175.549,70
Uncalled amounts at the end of the period		8553P	xxxxxxxxxxxxxxx	1.389,44
Movements during the period	(+)/(-)	8543
Uncalled amounts at the end of the period		8553	1.389,44
NET BOOK VALUE AT THE END OF THE PERIOD		(284)	1.349.777,58
OTHER COMPANIES - AMOUNTS RECEIVABLE
NET BOOK VALUE AT THE END OF THE PERIOD		285/8P	xxxxxxxxxxxxxxx	13.105,00
Movements during the period
Appropriations		8583	7.500,00
Repayments		8593
Amounts written down		8603
Amounts written back		8613
Exchange differences	(+)/(-)	8623
Other movements	(+)/(-)	8633
NET BOOK VALUE AT THE END OF THE PERIOD		(285/8)	20.605,00
ACCUMULATED AMOUNTS WRITTEN DOWN ON AMOUNTS RECEIVABLE AT END OF THE PERIOD		8653

PARTICIPATING INTERESTS INFORMATION

PARTICIPATING INTERESTS AND OTHER RIGHTS IN OTHER COMPANIES

The following list mentions the companies in which the company holds a participating interest (recorded in headings 280 and 282 of assets), as well as the companies in which the company holds rights (recorded in headings 284 and 51/53 of assets) for an amount of at least 10% of the capital, the equity or a class of shares of the company.

NAME, full address of the REGISTERED		Rights held			Data extracted from the most recent annual accounts
OFFICE and, for an entity governed by Belgian law, the COMPANY		Directly		Subs idiaries	Annual	Cur	Equity	Net result
REGISTRATION NUMBER	Nature	Number	%	%	accounts as per	rency code	(+) or (-) (in units)
Umicore France					31/12/2021	EUR	42.094.200	814.085
Foreign company RUE REAUMUR 9 75003 PARIS France 10342965001
	Shares	1.520.000	100,00	0,00
Umicore USA Foreign company Orange Street 1209 19801 Wilmington United States of America					31/12/2021	USD	399.070.009	6.649.841
	Shares	575	100,00	0,00
Umicore MS Taiwan					31/12/2021	TWD	16.067.507	6.945.971
Foreign company Keelung Road Sec 2 -16F-2 189 Taipei Taiwan
Umicore Korea Limited	Shares	500.000	100,00	0,00	31/12/2021	KRW	507.392.870.477	-15.891.264.705
Foreign company Gongdan 2-Ro,Seobuk-Gu 71.3 331-200 Cheonan City - chungnam South Korea
	Shares	17.076.848	47,03	52,97
Umicore Holdings Philippines Foreign company Sitio malinta Asinan Proper 1044 Subic - Zambales Philippines					31/12/2021	PHP	155.452.648	171.731
	Shares	1.536.562	99,99	0,01
Umicore Holding 1 Germany Gmbh					31/12/2021	EUR	471.093.958	4.221.108
Foreign company Rodenbacker chaussee 4 63457 Hanau - Wolfgang Germany
	Shares	90.025.000	100,00	0,00

PARTICIPATING INTERESTS INFORMATION

PARTICIPATING INTERESTS AND OTHER RIGHTS IN OTHER COMPANIES

NAME, full address of the REGISTERED		Rights held			Data extracted from the most recent annual accounts
OFFICE and, for an entity governed by Belgian law, the COMPANY		Directly		Subs idiaries	Annual	Equity Cur		Net result
REGISTRATION NUMBER	Nature	Number	%	%	accounts as per	rency code	(+) or (-) (in units)
Umicore Holding 2 Germany Gmbh					31/12/2021	EUR	52.620.518	359.516
Foreign company Rodenbacker chaussee 4 63457 Hanau - Wolfgang Germany
	Shares	10.025.000	100,00	0,00
Umicore International Public limited liability company Rue Bommel 5 4940 Bascharage Luxembourg					31/12/2021	EUR	2.066.506.930	254.319.602
	Shares	11.766.000	100,00	0,00
Umicore MS Australia PTY LTD					31/12/2021	AUD	3.398.532	350.836
Foreign company WALHALLA WAY 10 3023 RAVENHALL - VICTORIA Australia
	Shares	5.000.100	100,00	0,00
Umicore Specialty Materials Brugge Public limited liability company Kleine Pathoekeweg 82 8000 Brugge Belgium 0405.150.984					31/12/2021	EUR	3.165.972	4.605.261
	ordinary shares	21.499	99,99	0,01
Umicore Argentina Foreign company Avenida Roque Sáenz Pena 651 8° piso Oficina 139, Buenos Aires Argentina 1.603.638					31/12/2021	ARS	1.281.338.895	-113.572.918
	Shares	9.788.068	98,03	1,97
Industrias Electro Quimicas SA Foreign company Avenida Elmer Faucett 1920 Callao 1 Peru					31/12/2021	USD	34.892.000	1.286.000
	Shares	18.464.806	40,00	0,00

PARTICIPATING INTERESTS INFORMATION

PARTICIPATING INTERESTS AND OTHER RIGHTS IN OTHER COMPANIES

NAME, full address of the REGISTERED		Rights held			Data extracted from the most recent annual accounts
OFFICE and, for an entity governed by Belgian law, the COMPANY		Directly		Subs idiaries	Annual	Cur	Equity	Net result
REGISTRATION NUMBER	Nature	Number	%	%	accounts rency as per code		(+) or (-) (in units)
UMICORE AUTOCAT CANADA CORP.					31/12/2021	CAD	221.940.667	2.416.250
Foreign company MAINWAY DRIVE 4261 L7L5N9 BURLINGTON - ONTARIO Canada
	Shares	176.700.001	100,00	0,00
UMICORE POLAND sp zoo					31/12/2021	PLN	1.353.264.327	4.303.894
Foreign company ul Powstancow Slaskich 2-4 , box XI p 53-333 Wroclaw Poland
	Shares	27.044.000	100,00	0,00
UMICORE HOLDING BELGIUM					31/12/2021	EUR	12.421.856	-4.225.144
Private limited (liability) company Rue du marais 31 1000 Brussel-Stad Belgium 0731.571.921
	SHARES	100	100,00	0,00
UMICORE MATERIALS POLAND					31/12/2021	EUR	0	0
Foreign company RADZIKOWICE 1C 48-300 RADZIKOWICE Poland
	SHARES;	400	100,00	0,00
UMICORE RBM CANADA Foreign company WELLINGTONSTREET WEST 155 M5V 3J7 TORONTO - ONTARIO Canada					31/12/2021	EUR	0	0
	SHARES	15.000.001	100,00	0,00
BLUE UNITED Limited liability company BROEKSTRAAT 31 1000 Brussel-Stad Belgium 0794.652.011					31/12/2021	EUR	0	0
	SHARES	50.000	100,00	0,00

CURRENT INVESTMENTS AND ACCRUALS AND DEFERRED INCOME

CURRENT INVESTMENTS - OTHER INVESTMENTS
Shares and investments other than fixed income investments	51
Shares – Book value increased with the uncalled amount	8681
Shares – Uncalled amount	8682
Precious metals and works of art	8683

Fixed-income securities

Fixed income securities issued by credit institutions

Term accounts with credit institutions

With a remaining term or notice

up to one month

between one month and one year

over one year

Other investments not mentioned above

ACCRUALS AND DEFERRED INCOME

Allocation of account 490/1 of assets if the amount is significant

GAIN ON MARKING TO MARKET OF CURRENCY COMMITMENTS 36.679.625,34 PROFIT ON HEDGING FOR METALS 22.611.224,27 OTHER DEFERRED CHARGES 8.868.031,69 DEFERRED INTEREST CHARGES 3.237.172,50

Codes	Period	Preceding period
51
8681
8682
52
8684
53	13.510.229,24
8686	13.510.229,24
8687
8688
8689

Period

STATEMENT OF CAPITAL AND SHAREHOLDERS' STURCTURE

STATEMENT OF CAPITAL

Capital

Issued capital at the end of the period Issued capital at the end of the period

Modifications during the period

Composition of the capital Share types

Registered shares

Shares dematerialized

Codes	Period	Preceding period
100P	XXXXXXXXXXXXXX	550.000.000,00
(100)	550.000.000,00

	Codes	Period	Number of shares
Modifications during the period
Composition of the capital
ORDINARY SHARES		550.000.000,00	246.400.000
Registered shares	8702	XXXXXXXXXXXXXX	45.645.027
Shares dematerialized	8703	XXXXXXXXXXXXXX	200.754.973

	Codes	Uncalled amount	Called up amount, unpaid
Unpaid capital
Uncalled capital	(101)		XXXXXXXXXXXXXX
Called up capital, unpaid	8712	XXXXXXXXXXXXXX
Shareholders that still need to pay up in full

	Codes	Period
Own shares
Held by the company itself
Amount of capital held	8721	13.837.814,73
Number of shares	8722	6.199.341
Held by a subsidiary
Amount of capital held	8731
Number of shares	8732
Commitments to issuing shares
Owing to the exercise of conversion rights
Amount of outstanding convertible loans	8740
Amount of capital to be subscribed	8741
Corresponding maximum number of shares to be issued	8742
Owing to the exercise of subscription rights
Number of outstanding subscription rights	8745
Amount of capital to be subscribed	8746
Corresponding maximum number of shares to be issued	8747
Authorised capital not issued	8751

N°.	0401.574.852			F-cap 6.7.1
			Codes	Period
	Shares issued, non-representing capital
	Distribution
	Number of shares		8761
	Number of voting rights attached thereto		8762
	Allocation by shareholder
	Number of shares held by the company itself		8771
	Number of shares held by its subsidiaries		8781
				Period
ADDITIONAL NOTES REGARDING CONTRIBUTIONS (INCLUDING CONTRIBUTIONS IN THE FORM OF SERVICES OR KNOW-HOW)

SHAREHOLDERS' STRUCTURE OF THE COMPANY AT YEAR-END CLOSING DATE

As reflected in the notifications received by the company pursuant to article 7:225 of the Belgian Companies and Associations Code, article 14 fourth paragraph of the law of 2 May 2007 on the publication of major holdings and article 5 of the Royal Decree of 21 August 2008 on further rules for certain multilateral trading facilities.

Shareholder base	% Capital	Numbre of Shares
BlackRock Inc.	5.06%	12.463.608
Baillie Gifford & Co and Baillie Gifford Overseas Ltd.	9.91%	24.420.971
Groupe Bruxelles Lambert, family Trust Desmarais, Albert Frère and LTI Two S.A.	15.98%	39.363.737
Norges Bank	5.30%	13.054.028
APG Asset Management	$3.00\%$	6.728.778
Others		58,51% 144.169.537
Own shares held by Umicore	2.52%	6.199.341
		246.400.000

PROVISIONS FOR OTHER LIABILITIES AND CHARGES

ALLOCATION OF ACCOUNT 164/5 OF LIABILITIES IF THE AMOUNT IS SIGNIFICANT

SUNDRY LITIGATIONS AND SUNDRY RISKS 12.131.412,99 PREMIUM 25 & 35 YEARS SERVICE 2.985.804,28

STATEMENT OF AMOUNTS PAYABLE AND ACCRUALS AND DEFERRED INCOME (LIABILITIES)

	Codes	Period
BREAKDOWN OF AMOUNTS PAYABLE WITH AN ORIGINAL TERM OF MORE THAN ONE YEAR, ACCORDING TO THEIR RESIDUAL MATURITY
Current portion of amounts payable after more than one year falling due within one year
Financial debts	8801	88.000.000,00
Subordinated loans	8811
Unsubordinated debentures	8821
Leasing and other similar obligations	8831
Credit institutions	8841	88.000.000,00
Other loans	8851
Trade debts	8861
Suppliers	8871
Bills of exchange payable	8881
Advance payments on contracts in progress	8891
Other amounts payable	8901
Total current portion of amounts payable after more than one year falling due within one year	(42)	88.000.000,00
Amounts payable with a remaining term of more than one year, yet less than 5 years
Financial debts	8802	952.788.283,53
Subordinated loans	8812
Unsubordinated debentures	8822
Leasing and other similar obligations	8832	788.283,53
Credit institutions	8842	452.000.000,00
Other loans	8852	500.000.000,00
Trade debts	8862
Suppliers	8872
Bills of exchange payable	8882
Advance payments on contracts in progress	8892
Other amounts payable	8902
Total amounts payable with a remaining term of more than one year, yet less than 5 years	8912	952.788.283,53
Amounts payable with a remaining term of more than 5 years
Financial debts	8803	666.656.217,56
Subordinated loans	8813
Unsubordinated debentures	8823
Leasing and other similar obligations	8833	1.656.217,56
Credit institutions	8843	665.000.000,00
Other loans	8853
Trade debts	8863
Suppliers	8873
Bills of exchange payable	8883
Advance payments on contracts in progress	8893
Other amounts payable	8903
Amounts payable with a remaining term of more than 5 years	8913	666.656.217,56

	Codes	Period
AMOUNTS PAYABLE GUARANTEED (included in accounts 17 and 42/48 of liabilities)
Amounts payable guaranteed by the Belgian government agencies
Financial debts	8921
Subordinated loans	8931
Unsubordinated debentures	8941
Leasing and other similar obligations	8951
Credit institutions	8961
Other loans	8971
Trade debts	8981
Suppliers	8991
Bills of exchange payable	9001
Advance payments on contracts in progress	9011
Remuneration and social security	9021
Other amounts payable	9051
Total of the amounts payable guaranteed by the Belgian government agencies	9061
Amounts payable guaranteed by real securities given or irrevocably promised by the company on its own assets
Financial debts	8922
Subordinated loans	8932
Unsubordinated debentures	8942
Leasing and other similar obligations	8952
Credit institutions	8962
Other loans	8972
Trade debts	8982
Suppliers	8992
Bills of exchange payable	9002
Advance payments on contracts in progress	9012
Taxes, remuneration and social security	9022
Taxes	9032
Remuneration and social security	9042
Other amounts payable	9052
Total amounts payable guaranteed by real securities given or irrevocably promised by the company on its own assets	9062

	Codes	Period
TAXES, REMUNERATION AND SOCIAL SECURITY
Taxes (headings 450/3 and 178/9 of liabilities)
Outstanding tax debts	9072
Accruing taxes payable	9073	10.280.943,18
Estimated taxes payable	450
Remuneration and social security (headings 454/9 and 178/9 of liabilities)
Amounts due to the National Social Security Office	9076
Other amounts payable in respect of remuneration and social security	9077	85.931.455,87

	Period
ACCRUALS AND DEFERRED INCOME
Allocation of heading 492/3 of liabilities if the amount is significant
OTHER ACCRUED CHARGES	14.277.826,25
LOSS ON MARKING TO MARKET OF CURRENCY & METAL COMMITMENTS	39.867.114,27
DEFERRED INCOME	20.149.854,39
ACCRUED INTEREST EXPENSES	6.423.394,34
ACCRUED CHARGES	68.250.644,22

OPERATING RESULTS

	Codes	Period	Preceding period
OPERATING INCOME
Net turnover
Allocation by categories of activity
RECYCLING		3.949.652.424,85	4.480.986.568,01
E & ST		2.566.900.811,28	1.516.736.879,44
CORPORATE		8.782.578,88	7.916.774,06
Allocation by geographical market
BELGIUM		267.193.808,33	222.402.121,06
GERMANY		2.341.469.493,21	2.565.178.217,12
GREAT BRITAIN		956.986.378,05	1.069.819.445,90
USA		402.259.072,92	469.641.451,52
CHINA		715.943.560,11	297.553.581,55
FINLAND		548.107.022,11	398.795.669,20
OTHERS		539.768.056,45	761.550.663,30
JAPAN		214.326.571,57	220.699.071,86
SOUTH KOREA		539.115.597,20
Other operating income
Operating subsidies and compensatory amounts received from public authorities	740	10.957.817,10	7.228.253,80
OPERATING CHARGES
Employees for whom the company submitted a DIMONA declaration or who are recorded in the general personnel register
Total number at the closing date	9086	3.264	3.125
Average number of employees calculated in full-time equivalents	9087	3.077,4	3.004,3
Number of actual hours worked	9088	5.292.492	5.184.915
Personnel costs
Remuneration and direct social benefits	620	225.564.462,29	214.702.164,36
Employers' contribution for social security	621	72.247.469,93	66.237.241,02
Employers' premiums for extra statutory insurance	622	29.695.589,15	19.526.498,66
Other personnel costs	623	10.360.711,00	12.746.649,00
Retirement and survivors' pensions	624	376.983,96	545.814,43

		Codes	Period	Preceding period
Provisions for pensions and similar obligations Appropriations (uses and write-backs)		635	-27.733.911,73	-18.120.830,81
	(+)/(-)
Depreciations
On stock and contracts in progress
Recorded		9110	2.777.429,92	1.295.684,35
Written back		9111		279.534,21
On trade debtors
Recorded		9112
Written back		9113		669.942,92
Provisions for liabilities and charges
Appropriations		9115	18.662.349,64	15.812.741,28
Uses and write-backs		9116	62.495.836,04	78.224.005,05
Other operating charges
Taxes related to operation		640	8.977.626,80	4.551.619,94
Other		641/8	25.212.406,68	9.941.576,23
Hired temporary staff and personnel placed at the company's disposal
Total number at the closing date		9096	7	9
Average number calculated in full-time equivalents		9097	9,7	4,5
Number of actual hours worked		9098	19.082	8.792
Costs to the company		617	1.017.800,72	403.191,26

FINANCIAL RESULTS

	Codes	Period	Preceding period
RECURRING FINANCIAL INCOME
Other financial income
Subsidies paid by public authorities, added to the profit and loss account
Capital subsidies	9125	5.166.553,00	5.309.490,03
Interest subsidies	9126
Allocation of other financial income
Exchange differences realized	754	49.796.900,04	23.700.246,55
Other
Exchange variances and differences		30.105.181,28	33.476.759,75
Sundry financial income		73.579,91	96.773,96
RECURRING FINANCIAL CHARGES
Depreciation of loan issue expenses	6501
Capitalised interests	6502
Depreciations on current assets
Recorded	6510	170.554,75
Written back	6511
Other financial charges
Amount of the discount borne by the company, as a result of negotiating amounts receivable	653	120.658,64	185.570,36
Provisions of a financial nature
Appropriations	6560	2.236.737,36
Uses and write-backs	6561		2.005.577,70
Allocation of other financial costs
Exchange differences realized	654	40.858.488,02	46.095.963,23
Results from the conversion of foreign currencies	655
Other
Sundry financial costs		4.497.298,69	6.237.818,14
Exchange variances and differences		45.468.680,76	14.042.977,04

INCOME AND CHARGES OF EXCEPTIONAL SIZE OR FREQUENCY

	Codes	Period	Preceding period
NON-RECURRING INCOME	76	61.172.866,04	2.642,60
Non-recurring operating income	(76A)	5.110.812,00
Write-back of depreciation and of amounts written off intangible and tangible fixed assets	760
Write-back of provisions for extraordinary operating liabilities and charges	7620	5.110.812,00
Capital profits on disposal of intangible and tangible fixed assets	7630
Other non-recurring operating income	764/8
Non-recurring financial income	(76B)	56.062.054,04	2.642,60
Write-back of amounts written down financial fixed assets	761	49.712.978,05	2.642,60
Write-back of provisions for extraordinary financial liabilities and charges	7621
Capital profits on disposal of financial fixed assets	7631	6.349.075,99
Other non-recurring financial income	769
NON-RECURRING CHARGES	66	42.686.999,70	96.994.987,80
Non-recurring operating charges	(66A)	29.144.912,06	56.617.265,67
Non-recurring depreciation of and amounts written off formation expenses, intangible and tangible fixed assets	660
Provisions for extraordinary operating liabilities and charges: appropriations (uses) (+)/(-)	6620	29.138.907,00	56.411.042,75
Capital losses on disposal of intangible and tangible fixed assets	6630
Other non-recurring operating charges	664/7	6.005,06	206.222,92
Non-recurring operating charges carried to assets as restructuring (-) costs	6690
Non-recurring financial charges	(66B)	13.542.087,64	40.377.722,13
Amounts written off financial fixed assets	661		245,82
Provisions for extraordinary financial liabilities and charges - appropriations (uses) (+)/(-)	6621
Capital losses on disposal of financial fixed assets	6631
Other non-recurring financial charges	668	13.542.087,64	40.377.476,31
Non-recurring financial charges carried to assets as restructuring costs (-)	6691

TAXES

	Codes	Period
INCOME TAXES
Income taxes on the result of the period	9134	11.896.833,54
Income taxes paid and withholding taxes due or paid	9135	17.170.587,57
Excess of income tax prepayments and withholding taxes paid recorded under assets	9136	5.273.754,03
Estimated additional taxes	9137
Income taxes on the result of prior periods	9138	5.345.193,09
Additional income taxes due or paid	9139	1.543.384,49
Additional income taxes estimated or provided for	9140	3.801.808,60
Major reasons for the differences between pre-tax profit, as it results from the annual accounts, and estimated taxable profit
TAXABLE PROVISIONS AND HIDDEN RESERVES		-2.323.621,80
NON DEDUCTIBLE ITEMS		52.506.697,36
ALREADY TAXED ITEMS		-134.803.793,68
GAIN ON SHARES & OTHER EXEMPT INCOME		-61.228.607,04
DEDUCTION FOR PATENTS & INNOVATION		-90.608.675,35
INVESTMENTS DEDUCTIONS		-650.127,88
WITHOLDING DEDUCTIONS		-16.489.984,89
R&D CREDIT		-2.726.245,97
		Period
Influence of non-recurring results on income taxes on the result of the period

	Codes	Period
Sources of deferred taxes
Deferred taxes representing assets	9141	295.958.955,57
Accumulated tax losses deductible from future taxable profits	9142
Other deferred taxes representing assets
		292.900.755,93
		1.107.816,01
		1.950.383,63
Deferred taxes representing liabilities	9144	150.153.867,35
Allocation of deferred taxes representing liabilities
TAX FREE RESERVES		150.153.867,35

TAXES

VALUE-ADDED TAXES AND TAXES BORNE BY THIRD PARTIES

Value-added taxes charged

To the company (deductible)

By the company

Amounts withheld on behalf of third party by way of

Payroll withholding taxes

Withholding taxes on investment income

Codes	Period	Preceding period
9145	414.178.131,04	286.821.430,06
9146	345.658.529,77	253.516.768,53
9147	50.691.106,23	45.593.151,25
9148	43.902.121,79	42.981.415,59

N°. 0401.574.852 F-cap 6.14

RIGHTS AND COMMITMENTS NOT REFLECTED IN THE BALANCE SHEET

	Codes	Period
PERSONAL GUARANTEES PROVIDED OR IRREVOCABLY PROMISED BY THE COMPANY AS SECURITY FOR DEBTS AND COMMITMENTS OF THIRD PARTIES	9149
Of which
Bills of exchange in circulation endorsed by the company	9150
Bills of exchange in circulation drawn or guaranteed by the company	9151
Maximum amount for which other debts or commitments of third parties are guaranteed by the company	9153
REAL GUARANTEES
Real guarantees provided or irrevocably promised by the company on its own assets as security of debts and commitments of the company
Mortgages
Book value of the immovable properties mortgaged	91611
Amount of registration	91621
For irrevocable mortgage mandates, the amount for which the agent can take registration	91631
Pledging of goodwill
Maximum amount up to which the debt is secured and which is the subject of registration	91711
For irrevocable mandates to pledge goodwill, the amount for which the agent can take the inscription	91721
Pledging of other assets or irrevocable mandates to pledge other assets
Book value of the immovable properties mortgaged	91811
Maximum amount up to which the debt is secured	91821
Guarantees provided or irrevocably promised on future assets
Amount of assets in question	91911
Maximum amount up to which the debt is secured	91921
Vendor's privilege
Book value of sold goods	92011
Amount of the unpaid price	92021

	Codes	Period
Real guarantees provided or irrevocably promised by the company on its own assets as security of debts and commitments of third parties
Mortgages
Book value of the immovable properties mortgaged	91612
Amount of registration	91622
For irrevocable mortgage mandates, the amount for which the agent can take registration	91632
Pledging of goodwill
Maximum amount up to which the debt is secured and which is the subject of registration	91712
For irrevocable mandates to pledge goodwill, the amount for which the agent can take the inscription	91722
Pledging of other assets or irrevocable mandates to pledge other assets
Book value of the immovable properties mortgaged	91812
Maximum amount up to which the debt is secured	91822
Guarantees provided or irrevocably promised on future assets
Amount of assets in question	91912
Maximum amount up to which the debt is secured	91922
Vendor's privilege
Book value of sold goods	92012
Amount of the unpaid price	92022

	Codes	Period
GOODS AND VALUES, NOT REFLECTED IN THE BALANCE SHEET, HELD BY THIRD PARTIES IN THEIR OWN NAME BUT FOR THE BENEFIT AND AT THE RISK OF THE COMPANY
SUBSTANTIAL COMMITMENTS TO ACQUIRE FIXED ASSETS
SUBSTANTIAL COMMITMENTS TO DISPOSE OF FIXED ASSETS
FORWARD TRANSACTIONS
Goods purchased (to be received)	9213	1.157.955.050,00
Goods sold (to be delivered)	9214	1.371.339.107,00
Currencies purchased (to be received)	9215	4.319.030.615,00
Currencies sold (to be delivered)	9216	4.306.797.752,00

COMMITMENTS RELATING TO TECHNICAL GUARANTEES IN RESPECT OF SALES OR SERVICES

Period

AMOUNT, NATURE AND FORM CONCERNING LITIGATION AND OTHER IMPORTANT COMMITMENTS

SETTLEMENT REGARDING THE COMPLEMENTARY RETIREMENT OR SURVIVORS' PENSION FOR PERSONNEL AND BOARD MEMBERS

Brief description

Measures taken to cover the related charges

	Code	Period
PENSIONS FUNDED BY THE COMPANY ITSELF
Estimated amount of the commitments resulting from past services	9220
Methods of estimation
		Period
NATURE AND FINANCIAL IMPACT OF SIGNIFICANT EVENTS AFTER THE CLOSING DATE not reflected in
the balance sheet or income statement
LEASE-OUT METALS		448.806.822,69
METALS OWNED BY PARTIES FOR TOLLING		2.539.058.548,00
LEASE-IN METALS		541.513.316,77
METALS OWNED BY UMICORE FOR TOLLING		1.434.453.794,00
BANK GUARANTEES		35.025.295,00
PERSONAL GUARANTEES GIVEN		14.127.923,00
		Period
COMMITMENTS TO PURCHASE OR SALE AVAILABLE TO THE COMPANY AS ISSUER OF OPTIONS FOR SALE OR PURCHASE
		Period
NATURE, COMMERCIAL OBJECTIVE AND FINANCIAL CONSEQUENCES OF TRANSACTIONS NOT
REFLECTED IN THE BALANCE SHEET If the risks and benefits resulting from such transactions are of any meaning and if publishing such risks
and benefits is necessary to appreciate the financial situation of the company
		Period
OTHER RIGHTS AND COMMITMENTS NOT REFLECTED IN THE BALANCE SHEET (including those that
cannot be calculated)

RELATIONSHIPS WITH AFFILIATED COMPANIES, ASSOCIATED COMPANIES AND OTHER COMPANIES LINKED BY PARTICIPATING INTERESTS

	Codes	Period	Preceding period
AFFILIATED COMPANIES
Financial fixed assets	(280/1)	2.959.521.827,50	2.724.897.582,19
Participating interests	(280)	2.959.521.827,50	2.724.897.582,19
Subordinated amounts receivable	9271
Other amounts receivable	9281
Amounts receivable	9291	1.482.529.763,38	1.340.402.736,71
Over one year	9301	435.441.977,22	584.997.593,06
Within one year	9311	1.047.087.786,16	755.405.143,65
Current investments	9321
Shares	9331
Amounts receivable	9341
Amounts payable	9351	820.203.750,83	292.633.990,65
Over one year	9361
Within one year	9371	820.203.750,83	292.633.990,65
Personal and real guarantees
Provided or irrevocably promised by the company as security for debts or commitments of affiliated companies	9381
Provided or irrevocably promised by affiliated companies as security for debts or commitments of the company	9391
Other significant financial commitments	9401
Financial results
Income from financial fixed assets	9421	134.803.833,41	134.254.298,17
Income from current assets	9431	15.978.582,29	16.828.150,90
Other financial income	9441
Debt charges	9461	14.150.175,23	6.218.772,10
Other financial charges	9471
Disposal of fixed assets
Capital profits realised	9481
Capital losses realised	9491

RELATIONSHIPS WITH AFFILIATED COMPANIES, ASSOCIATED COMPANIES AND OTHER COMPANIES LINKED BY PARTICIPATING INTERESTS

	Codes	Period	Preceding period
ASSOCIATED COMPANIES
Financial fixed assets	9253
Participating interests	9263
Subordinated amounts receivable	9273
Other amounts receivable	9283
Amounts receivable	9293
Over one year	9303
Within one year	9313
Amounts payable	9353
Over one year	9363
Within one year	9373
Personal and real guarantees
Provided or irrevocably promised by the company as security for debts or commitments of affiliated companies	9383
Provided or irrevocably promised by affiliated companies as security for debts or commitments of the company	9393
Other significant financial commitments	9403
COMPANIES LINKED BY PARTICIPATING INTERESTS
Financial fixed assets	9252	128.765,19	128.765,19
Participating interests	9262	128.765,19	128.765,19
Subordinated amounts receivable	9272
Other amounts receivable	9282
Amounts receivable	9292
Over one year	9302
Within one year	9312
Amounts payable	9352
Over one year	9362
Within one year	9372

Period

RELATIONSHIPS WITH AFFILIATED COMPANIES, ASSOCIATED COMPANIES AND OTHER COMPANIES LINKED BY PARTICIPATING INTERESTS

TRANSACTIONS WITH AFFILIATED PARTIES BEYOND NORMAL MARKET CONDITIONS

Mention of these transactions if they are significant, including the amount of the transactions, the nature of the link, and all information about the transactions that should be necessary to get a better understanding of the financial situation of the company

In the absence of legal criteria allowing to summarize related party transactions outside normal market conditions, no information could be included in VOL-kap 6.15

FINANCIAL RELATIONSHIPS WITH

	Codes	Period
DIRECTORS AND MANAGERS, INDIVIDUALS OR LEGAL PERSONS WHO CONTROL THE COMPANY DIRECTLY OR INDIRECTLY WITHOUT BEING ASSOCIATED THEREWITH, OR OTHER COMPANIES CONTROLLED DIRECTLY OR INDIRECTLY BY THESE PERSONS
Amounts receivable from these persons	9500
Principal conditions regarding amounts receivable, rate of interest, duration, any amounts repaid, cancelled or written off
Guarantees provided in their favour	9501
Other significant commitments undertaken in their favour	9502
Amount of direct and indirect remunerations and pensions, reflected in the income statement, as long as this disclosure does not concern exclusively or mainly, the situation of a single identifiable person
To directors and managers	9503
To former directors and former managers	9504

	Codes	Period
THE AUDITOR(S) AND THE PERSONS WHOM HE (THEY) IS (ARE) COLLABORATING WITH
Auditors' fees	9505	577.491,00
Fees for exceptional services or special assignments executed within the company by the auditor
Other audit assignments	95061	6.625,00
Tax consultancy assignments	95062
Other assignments beyondthe audit	95063	308.328,00
Fees for exceptional services or special assignments executed within the company by people the auditor(s) is (are collaborating with
Other audit assignments	95081
Tax consultancy assignments	95082	63.374,00
Other assignments beyond the audit	95083

Mentions related to article 3:64, § 2 and § 4 of the Belgian Companies and Associations Code

DERIVATIVE FINANCIAL INSTRUMENTS THAT ARE NOT VALUED BASED UPON THE REAL VALUE

FOR EACH CATEGORY OF DERIVATIVE FINANCIAL INSTRUMENTS THAT ARE NOT VALUED BASED UPON THE REAL VALUE

				Period		Preceding period
Category of derivative financial instruments	Hedged risk	Speculation/ coverage	Size	Book value	Real value	Book value	Real value
FX forwards	Fluctuations in currency rates - strategic hedges	Dekking	549.628.228	0,00	-20.771.632,00	0,00	-1.689.028,00
Commodities	Fluctuations in metal prices - strategic hedges	Dekking	57.548.583	0,00	-11.098.374,00	-916.591,00	17.093.651,00
Commodities	Fluctuations in energy prices - strategic hedges	Dekking	89.600.458	0,00	25.388.249,00	0,00	42.169.672,00
FX forwards/swaps	Fluctuations in currency rates - transactional hedges	Dekking	3.769.402.387	6.819.621,00	6.819.621,00	7.867.679,00	7.867.679,00
Commodities	Fluctuations in metal prices - transactional hedges	Dekking	1.921.564.918	21.067.849,00	21.067.849,00	-6.664.194,00	-6.664.194,00

FINANCIAL FIXED ASSETS RECORDED AT AN AMOUNT HIGHER THAN THE REAL VALUE Amount of separate assets or of its appropriate groups Reasons why the book value has not decreased

Elements that lead to assume that it will be possible to realise the book value

Book value	Real value

DECLARATION WITH REGARD TO THE CONSOLIDATED ANNUAL ACCOUNTS

INFORMATION TO DISCLOSE BY EACH COMPANY GOVERNED BY THE BELGIAN COMPANIES AND ASSOCIATIONS CODE ON THE CONSOLIDATED ANNUAL ACCOUNTS

The company has prepared and published consolidated annual accounts and a consolidated annual report*

The company has not prepared consolidated annual accounts and a consolidated annual report, because of an exemption for the following reason(s)*

The company and its subsidiaries exceed, on a consolidated basis, not more than one of the criteria mentioned in article 1:26 of the Belgian Companies and Associations Code*

The company only has subsidiaries that, considering the evaluation of the consolidated capital, the consolidated financial position or the consolidated result, individually or together, are of negligible interestError! Bookmark not defined. (article 3:23 of the Belgian Companies and Associations Code)

The company itself is a subsidiary of a parent company that prepares and publishes consolidated annual accounts, in which the annual accounts are integrated by consolidation*

Name, full address of the registered office and, if it concerns companies under Belgian law, the company registration number of the parent company(ies) and the indication if this (these) parent company(ies) prepares (prepare) and publishes (publish) consolidated annual accounts, in which the annual accounts are included by means of consolidation**:

If the parent company(ies) is (are) (a) company(ies) governed by foreign law, the location where the abovementioned annual accounts are available**:

^* Strike out what does not apply.

^** Where the annual accounts of the company are consolidated at different levels, the information should be given, on the one hand at the highest and on the other at the lowest level of companies of which the company is a subsidiary and for which consolidated accounts are prepared and published.

N°. 0401.574.852	F-cap 10
---------------------	----------

SOCIAL BALANCE SHEET

Numbers of the joint industrial committees competent for the company:

105 224

STATEMENT OF THE PERSONS EMPLOYED

EMPLOYEES FOR WHOM THE COMPANY SUBMITTED A DIMONA DECLARATION OR WHO ARE RECORDED IN THE GENERAL PERSONNEL REGISTER

During the period		Total	1. Men	2. Women
Average number of employees
Full-time	1001	2.742,0	2.349,8	392,2
Part-time	1002	427,8	267,3	160,5
Total in full-time equivalents (FTE)	1003	3.077,4	2.561,0	516,4
Number of actual hours worked
Full-time	1011	4.720.233	3.965.762	754.471
Part-time	1012	572.259	335.368	236.891
Total	1013	5.292.492	4.301.130	991.362
Personnel costs
Full-time	1021	303.737.727,29	255.522.353,00	48.215.374,29
Part-time	1022	34.130.505,08	20.982.644,93	13.147.860,15
Total	1023	337.868.232,37	276.504.997,93	61.363.234,44
Benefits in addition to wages	1033

During the preceding period	Codes	P. Total	1P. Men	2P. Women
Average number of employees in FTE Number of actual hours worked Personnel costs Benefits in addition to wages	1003 1013 1023 1033	3.004,3 5.184.915 313.212.553,04	2.526,7 4.268.643 259.415.188,92	477,6 916.272 53.797.364,12

EMPLOYEES FOR WHOM THE COMPANY SUBMITTED A DIMONA DECLARATION OR WHO ARE RECORDED IN THE GENERAL PERSONNEL REGISTER (continuation)

	Codes	1. Full-time	2. Part-time	3. Total in full-time equivalents
At the closing date of the period
Number of employees	105	2.848	416	3.172,9
By nature of the employment contract
Contract for an indefinite period	110	2.839	416	3.163,9
Contract for a definite period	111	9		9,0
Contract for the execution of a specifically assigned work	112
Replacement contract	113
According to gender and study level
Men	120	2.424	255	2.624,6
primary education	1200	331	45	366,6
secondary education	1201	1.351	148	1.467,3
higher non-university education	1202	274	41	305,5
university education	1203	468	21	485,2
Women	121	424	161	548,3
primary education	1210	2	4	4,9
secondary education	1211	54	28	76,2
higher non-university education	1212	137	91	206,2
university education	1213	231	38	261,0
By professional category
Management staff	130	607	45	643,6
Salaried employees	134	905	230	1.081,8
Hourly employees	132	1.336	141	1.447,5
Other	133

HIRED TEMPORARY STAFF AND PERSONNEL PLACED AT THE DISPOSAL OF THE COMPANY

During the period

Average number of persons employed Number of actual hours worked Costs to the company

Codes	1. Hired temporary staff	2. Hired temporary staff and personnel placed at the company's disposal
150	9,7
151	19.082
152	1.017.800,72

ENTRIES	Codes	1. Full-time	2. Part-time	3. Total in full-time equivalents
Number of employees for whom the company submitted a DIMONA declaration or who have been recorded in the general personnel register during the period		414	7	419,6
By nature of the employment contract
Contract for an indefinite period	210	407	7	412,6
Contract for a definite period	211	7		7,0
Contract for the execution of a specifically assigned work	212
Replacement contract	213
DEPARTURES	Codes	1. Full-time	2. Part-time	3. Total in full-time equivalents
Number of employees whose contract-termination date has been included in the DIMONA declaration or in the general personnel register during the period	305	235	47	271,7
By nature of the employment contract

By reason of termination of contract Retirement Unemployment with extra allowance from enterprise Dismissal Other reason Contract for the execution of a specifically assigned work Replacement contract

Contract for an indefinite period Contract for a definite period

Of which: the number of persons who continue to render services to the company at least half-time on a self-employment basis

			equivalents
305	235	47	271,7
310	229	47	265,7
311	5		5,0
312
313	1		1,0
340	58	18	71,8
341	22	12	31,4
342	24	3	26,5
343	131	14	142,0
350

INFORMATION ON TRAINING PROVIDED TO EMPLOYEES DURING THE PERIOD

Codes Total of initiatives of formal professional training at the expense of the employer		Men	Codes	Women
Number of employees involved	5801	2.362	5811	498
Number of actual training hours	5802	48.934	5812	10.380
Net costs for the company	5803	6.558.340,65	5813	1.378.814,48
of which gross costs directly linked to training	58031	6.507.443,93	58131	1.380.391,48
of which contributions paid and payments to collective funds	58032	163.450,69	58132	33.548,62
of which grants and other financial advantages received (to deduct)	58033	112.553,97	58133	35.125,62
Total of initiatives of less formal or informal professional training at the expense of the employer
Number of employees involved	5821	1.564	5831	596
Number of actual training hours	5822	71.428	5832	27.182
Net costs for the company	5823	3.258.447,28	5833	1.240.015,58
Total of initial initiatives of professional training at the expense of the employer
Number of employees involved	5841		5851
Number of actual training hours	5842		5852
Net costs for the company	5843		5853