Umicore

Registration Form • Mar 26, 2024

	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 company
Address: BROEKSTRAAT			N°. 31 , box .
Postal code: 1000	Town: Brussels
Country: Belgium
Register of legal persons - commercial court:	Brussels, French-speaking
2 Website : www.umicore.com
: 2 E-mail address
		Company registration number	0401.574.852
DATE 06-05-2022 3 This filing concerns :	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
the ANNUAL ACCOUNTS in	4	approved by the general meeting of
X	EURO (2 decimals)		25-04-2024
the OTHER DOCUMENTS X
regarding
	the financial year covering the period from	to 01-01-2023	31-12-2023
the preceding period of the annual accounts from		to 01-01-2022	31-12-2022
	5	identical to the ones previously published.

Total number of pages filed: Numbers of the sections of the standard model form not filed because they serve no useful purpose: 58 2.2, 6.5.2, 6.18.2, 7, 8, 9, 11, 12, 13, 14, 15

Signature (name and position)
WANNES PEFEROEN
CHIEF FINANCIAL OFFICER

Signature (name and position) MATHIAS MIEDREICH CHIEF EXECUTIVE OFFICER 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

⁵ Strike out what does not apply.

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 .

ROSIER 21, 2000 Antwerp, Belgium

Mandate: Chairman of the board of directors, start: 29-04-2021, end: 25-04-2024

ARMERO MARIO .

C/ALFONSO XII 18, 28014 MADRID, Spain

Mandate: Director, start: 27-04-2023, end: 30-04-2026

BEHRENDT BIRGIT .

AMSELSTRASSE 2, 50858 KOLN, Germany

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

CHOMBAR FRANCOISE .

BOEKTLAAN 14, 3550 Heusden-Zolder, Belgium

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

DE BACKERE KOENRAAD . ALFONS STESSELSTRAAT 8, 3012 Wilsele, Belgium

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

GARRETT MARK .

BUNDTENWEG 76, 4102 BINNINGEN, Switzerland

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

KOLMSEE INES . TRAUBINGERSTRASSE 18, 82327 TUTZING, Germany

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

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

Mandate: Director, start: 29-04-2021, end: 27-04-2023

RAETS LAURENT .

KWAENIJKSTRAAT 38, 3191 Hever, Belgium

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

HENWOOD ALISON .

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

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

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

GRYNBERG MARC

AVENUE DE L'AVOCAT 5, 1410 Waterloo, Belgium

Mandate: Director, start: 27-04-2023, end: 30-04-2026

EY Bedrijfsrevisoren BV 0446.334.711

KOUTERVELDSTRAAT 7B, box 001, 1831 Diegem, Belgium

Membership number: B00160

Mandate: Auditor, start: 29-04-2021, end: 25-04-2024 Represented by:

VAN DOOREN MARNIX 1

KOUTERVELDSTRAAT 7B , box 001 1831 Diegem Belgium

., Membership number : A01753

Represented by:

• NAESSENS EEF 2
  • KOUTERVELDSTRAAT 7B , box 001 1831 Diegem Belgium
  • , Membership number : A02481

ANNUAL ACCOUNTS

BALANCE SHEET AFTER APPROPRIATION

	Notes	Codes	Period	Preceding period
ASSETS
FORMATION EXPENSES	6.1	20	3.516.162,24	6.228.042,22
FIXED ASSETS		21/28	4.042.973.441,84	3.536.934.224,07
Intangible fixed assets	6.2	21	144.008.315,83	114.395.954,69
Tangible fixed assets	6.3	22/27	480.383.307,79	461.517.294,11
Land and buildings		22	171.085.193,79	172.957.077,04
Plant, machinery and equipment		23	226.221.868,44	221.741.045,78
Furniture and vehicles		24	16.732.776,39	15.636.288,51
Leasing and other similar rights		25	2.076.250,00	2.241.250,00
Other tangible fixed assets		26	20.637.683,85	21.310.326,46
Assets under construction and advance payments		27	43.629.535,32	27.631.306,32
Financial fixed assets	6.4 / 6.5.1	28	3.418.581.818,22	2.961.020.975,27
Affiliated Companies	6.15	280/1	3.417.070.992,21	2.959.521.827,50
Participating interests		280	3.417.070.992,21	2.959.521.827,50
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	1.382.060,82	1.370.382,58
Shares		284	1.349.777,58	1.349.777,58
Amounts receivable and cash guarantees		285/8	32.283,24	20.605,00

	Notes	Codes	Period	Preceding period
CURRENT ASSETS		29/58	2.181.523.533,20	2.631.585.419,04
Amounts receivable after more than one year		29	369.433.362,05	435.441.977,22
Trade debtors		290
Other amounts receivable		291	369.433.362,05	435.441.977,22
Stocks and contracts in progress		3	719.705.972,72	720.576.678,34
Stocks		30/36	715.953.110,54	718.543.494,33
Raw materials and consumables		30/31	213.240.142,00	291.689.286,31
Work in progress		32	42.188.299,25	34.972.092,08
Finished goods		33	459.261.976,59	389.335.896,25
Goods purchased for resale		34
Immovable property intended for sale		35
Advance payments		36	1.262.692,70	2.546.219,69
Contracts in progress		37	3.752.862,18	2.033.184,01
Amounts receivable within one year		40/41	698.069.768,34	1.173.296.003,21
Trade debtors		40	399.531.275,90	894.021.574,18
Other amounts receivable		41	298.538.492,44	279.274.429,03
Current investments	6.5.1 / 6.6	50/53	248.505.782,69	226.271.612,36
Own shares		50	149.377.166,70	212.761.383,12
Other investments		51/53	99.128.615,99	13.510.229,24
Cash at bank and in hand		54/58	8.011.992,93	4.603.094,11
Accruals and deferred income	6.6	490/1	137.796.654,47	71.396.053,80
TOTAL ASSETS		20/58	6.228.013.137,28	6.174.747.685,33

	Notes	Codes	Period	Preceding period
EQUITY AND LIABILITIES
EQUITY		10/15	2.468.382.816,26	2.396.402.263,87
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	354.531.034,05	417.915.250,47
Reserves not available		130/1	204.377.166,70	267.761.383,12
Legal reserve		130	55.000.000,00	55.000.000,00
Reserves not available statutorily		1311
Purchase of own shares		1312	149.377.166,70	212.761.383,12
Financial support		1313
Other		1319
Untaxed reserves		132	150.153.867,35	150.153.867,35
Available reserves		133
Accumulated profits (losses)	(+)/(-)	14	709.703.335,47	570.200.959,31
Capital subsidies		15	5.927.728,84	10.065.336,19
Advance to shareholders on the distribution of net 7 assets		19
PROVISIONS AND DEFERRED TAXES		16	210.807.763,09	180.278.514,88
Provisions for liabilities and charges		160/5	210.807.763,09	180.278.514,88
Pensions and similar obligations		160	46.448.166,86	44.364.807,81
Taxes		161
Major repairs and maintenance		162	5.940.458,41	2.005.049,55
Environmental obligations		163	118.756.431,89	118.791.440,25
Other liabilities and charges	6.8	164/5	39.662.705,93	15.117.217,27
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	3.548.822.557,93	3.598.066.906,58
Amounts payable after more than one year		17	2.001.802.811,67	1.619.444.501,09
Financial debts	6.9	170/4	1.980.802.811,67	1.619.444.501,09
Subordinated loans		170
Unsubordinated debentures		171
Leasing and other similar obligations		172	2.296.024,32	2.444.501,09
Credit institutions		173	1.478.506.787,35	1.117.000.000,00
Other loans		174	500.000.000,00	500.000.000,00
Trade debts		175	21.000.000,00
Suppliers		1750	21.000.000,00
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	1.272.433.761,17	1.829.653.572,02
Current portion of amounts payable after more than one year falling due within one year		42	199.000.000,00	88.000.000,00
Financial debts		43	163.147.884,98	665.982.184,59
Credit institutions		430/8
Other loans		439	163.147.884,98	665.982.184,59
Trade debts		44	564.185.865,70	835.915.969,66
Suppliers		440/4	563.879.944,75	798.280.837,94
Bills of exchange payable		441	305.920,95	37.635.131,72
Advance payments on contracts in progress		46
Taxes, remuneration and social security	6.9	45	102.303.027,14	96.212.399,05
Taxes		450/3	11.935.822,52	10.280.943,18
Remuneration and social security		454/9	90.367.204,62	85.931.455,87
Other amounts payable		47/48	243.796.983,35	143.543.018,72
Accruals and deferred income	6.9	492/3	274.585.985,09	148.968.833,47
TOTAL LIABILITIES		10/49	6.228.013.137,28	6.174.747.685,33

Amount to be deducted from the issued capital. 6

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

PROFIT AND LOSS ACCOUNT

		Notes	Codes	Period	Preceding period
Operating income			70/76A	4.686.932.534,50	7.093.132.799,04
Turnover		6.10	70	4.229.051.162,06	6.525.169.559,95
Stocks of finished goods and work and contracts in progress: increase (decrease)	(+)/(-)		71	78.861.965,68	123.017.271,74
Produced fixed assets			72	120.139.544,80	91.414.179,19
Other operating income		6.10	74	258.879.861,96	348.420.976,16
Non-recurring operating income		6.12	76A	0,00	5.110.812,00
Operating charges			60/66A	4.554.618.506,43	6.932.583.371,86
Goods for resale, raw materials and consumables			60	3.483.592.571,94	5.996.178.001,98
Purchases			600/8	3.405.143.427,63	6.093.538.889,95
Stocks: decrease (increase)	(+)/(-)		609	78.449.144,31	-97.360.887,97
Services and other goods			61	432.363.771,33	428.490.035,00
Remuneration, social security and pensions	(+)/(-)	6.10	62	401.682.789,93	338.245.216,33
Amortisations of and other amounts written down on formation expenses, intangible and tangible fixed assets			630	152.004.455,43	147.391.229,49
Amounts written down on stocks, contracts in progress and trade debtors: additions (write-backs)	(+)/(-)	6.10	631/4	11.747.032,22	2.777.429,92
Provisions for liabilities and charges: appropriations (uses and write-backs)	(+)/(-)	6.10	635/8	1.930.650,05	-43.833.486,40
Other operating charges		6.10	640/8	27.874.415,40	34.190.033,48
Operating charges reported as assets under restructuring costs	(-)		649
Non-recurring operating charges		6.12	66A	43.422.820,13	29.144.912,06
Operating profit (loss)	(+)/(-)		9901	132.314.028,07	160.549.427,18

	Notes	Codes Period		Preceding period
Financial income		75/76B	427.844.704,50	292.049.787,25
Recurring financial income		75	427.844.704,50	235.987.733,21
Income from financial fixed assets		750	268.508.827,03	134.810.851,44
Income from current assets		751	48.641.172,48	16.034.667,54
Other financial income	6.11	752/9	110.694.704,99	85.142.214,23
Non-recurring financial income	6.12	76B	0,00	56.062.054,04
Financial charges	6.11	65/66B	280.582.922,80	142.949.359,06
Recurring financial charges		65	219.084.527,35	129.407.271,42
Debt charges		650	86.924.209,60	36.054.853,20
Amounts written down on current assets other than stocks, contracts in progress and trade debtors:
additions (write-backs)	(+)/(-)	651	0,00	170.554,75
Other financial charges		652/9	132.160.317,75	93.181.863,47
Non-recurring financial charges	6.12	66B	61.498.395,45	13.542.087,64
Profit (Loss) for the period before taxes	(+)/(-)	9903	279.575.809,77	309.649.855,37
Transfer from deferred taxes		780
Transfer to deferred taxes		680
Income taxes on the result	6.13 (+)/(-)	67/77	11.136.541,43	12.968.602,81
Taxes		670/3	15.401.893,36	17.242.026,63
Adjustment of income taxes and write-back of tax provisions		77	4.265.351,93	4.273.423,82
Profit (Loss) of the period	(+)/(-)	9904	268.439.268,34	296.681.252,56
Transfer from untaxed reserves		789
Transfer to untaxed reserves		689
Profit (Loss) of the period available for appropriation	(+)/(-)	9905	268.439.268,34	296.681.252,56

N°. 0401.574.852				F-cap 5
APPROPRIATION ACCOUNT
		Codes	Period	Preceding period
Profit (Loss) to be appropriated	(+)/(-)	9906	838.640.227,65	789.267.442,73
Profit (Loss) of the period available for appropriation	(+)/(-)	(9905)	268.439.268,34	296.681.252,56
Profit (Loss) of the preceding period brought forward	(+)/(-)	14P	570.200.959,31	492.586.190,17
Transfers from equity		791/2	63.384.216,42
from contributions		791
from reserves		792	63.384.216,42
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)	709.703.335,47	570.200.959,31
Shareholders' contribution in respect of losses		794
Profit to be distributed		694/7	192.321.108,60	192.240.671,55
Compensation for contributions		694	192.321.108,60	192.240.671,55
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	6.228.042,22
Movements during the period
New expenses incurred	8002	0,00
Amortisation	8003	2.711.879,98
Other	8004 (+)/(-)	0,00
Net book value at the end of the period	(20)	3.516.162,24
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

DEVELOPMENT COSTS		Codes	Period	Preceding period
Acquisition value at the end of the period		8051P	xxxxxxxxxxxxxxx	386.339.186,87
Movements during the period
Acquisitions, including produced fixed assets		8021	14.151.831,56
Sales and disposals		8031	5.133.655,35
Transfers from one heading to another	(+)/(-)	8041	-16.175.006,69
Acquisition value at the end of the period		8051	379.182.356,39
Amortisations and amounts written down at the end of the period		8121P	xxxxxxxxxxxxxxx	324.440.397,23
Movements during the period
Recorded		8071	8.665.342,70
Written back		8081	0,00
Acquisitions from third parties		8091	0,00
Cancelled owing to sales and disposals		8101	5.133.655,35
Transferred from one heading to another	(+)/(-)	8111	0,00
Amortisations and amounts written down at the end of the period		8121	327.972.084,58
NET BOOK VALUE AT THE END OF THE PERIOD		81311	51.210.271,81

		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	68.481.211,96
Amortisations and amounts written down at the end of the period	8126	68.481.211,96
NET BOOK VALUE AT THE END OF THE PERIOD	81313	0,00

		Codes	Period	Preceding period
CONCESSIONS, PATENTS LICENSES, KNOW-HOW, BRANDS AND SIMILAR RIGHTS
Acquisition value at the end of the period		8052P	xxxxxxxxxxxxxxx	195.102.918,28
Movements during the period
Acquisitions, including produced fixed assets		8022	85.897.653,92
Sales and disposals		8032	54.806.851,00
Transfers from one heading to another	(+)/(-)	8042	-23.944.343,21
Acquisition value at the end of the period		8052	202.249.377,99
Amortisations and amounts written down at the end of the period		8122P	xxxxxxxxxxxxxxx	142.605.753,23
Movements during the period
Recorded		8072	4.602.606,98
Written back		8082	0,00
Acquisitions from third parties		8092	0,00
Cancelled owing to sales and disposals		8102	37.757.026,24
Transfers from one heading to another	(+)/(-)	8112
Amortisations and amounts written down at the end of the period		8122	109.451.333,97
NET BOOK VALUE AT THE END OF THE PERIOD		211	92.798.044,02

		Codes	Period	Preceding period
GOODWILL
Acquisition value at the end of the period		8053P	xxxxxxxxxxxxxxx
Movements during the period
Acquisitions, including produced fixed assets		8023	0,00
Sales and disposals		8033	0,00
Transfers from one heading to another	(+)/(-)	8043	0,00
Acquisition value at the end of the period		8053	0,00
Amortisations and amounts written down at the end of the period		8123P	xxxxxxxxxxxxxxx
Movements during the period
Recorded		8073	0,00
Written back		8083	0,00
Acquisitions from third parties		8093	0,00
Cancelled owing to sales and disposals		8103	0,00
Transferred from one heading to another	(+)/(-)	8113	0,00
Amortisations and amounts written down at the end of the period		8123	0,00
NET BOOK VALUE AT THE END OF THE PERIOD		212	0,00

		Codes	Period	Preceding period
ADVANCE PAYMENTS
Acquisition value at the end of the period		8054P	xxxxxxxxxxxxxxx
Movements during the period
Acquisitions, including produced fixed assets		8024	0,00
Sales and disposals		8034	0,00
Transfers from one heading to another	(+)/(-)	8044	0,00
Acquisition value at the end of the period		8054	0,00
Amortisations and amounts written down at the end of the period		8124P	xxxxxxxxxxxxxxx
Movements during the period
Recorded		8074	0,00
Written back		8084	0,00
Acquisitions from third parties		8094	0,00
Cancelled owing to sales and disposals		8104	0,00
Transferred from one heading to another	(+)/(-)	8114	0,00
Amortisations and amounts written down at the end of the period		8124	0,00
NET BOOK VALUE AT THE END OF THE PERIOD		213	0,00

STATEMENT OF TANGIBLE FIXED ASSETS

		Codes	Period	Preceding period
LAND AND BUILDINGS
Acquisition value at the end of the period		8191P	xxxxxxxxxxxxxxx	470.821.345,21
Movements during the period
Acquisitions, including produced fixed assets		8161	7.264.598,67
Sales and disposals		8171	1.436.085,06
Transfers from one heading to another	(+)/(-)	8181	8.567.856,42
Acquisition value at the end of the period		8191	485.217.715,24
Revaluation surpluses at the end of the period		8251P	xxxxxxxxxxxxxxx	7.682.753,26
Movements during the period
Recorded		8211	0,00
Acquisitions from third parties		8221	0,00
Cancelled		8231	0,00
Transferred from one heading to another	(+)/(-)	8241	0,00
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	305.547.021,43
Movements during the period
Recorded		8271	17.707.706,18
Written back		8281	0,00
Acquisitions from third parties		8291	0,00
Cancelled owing to sales and disposals		8301	1.436.085,06
Transferred from one heading to another	(+)/(-)	8311	-3.367,84
Amortisations and amounts written down at the end of the period		8321	321.815.274,71
NET BOOK VALUE AT THE END OF THE PERIOD		(22)	171.085.193,79

		Codes	Period	Preceding period
PLANT, MACHINERY AND EQUIPMENT
Acquisition value at the end of the period		8192P	xxxxxxxxxxxxxxx	1.029.944.905,47
Movements during the period
Acquisitions, including produced fixed assets		8162	28.039.326,10
Sales and disposals		8172	35.802.647,17
Transfers from one heading to another	(+)/(-)	8182	51.233.427,55
Acquisition value at the end of the period		8192	1.073.415.011,95
Revaluation surpluses at the end of the period		8252P	xxxxxxxxxxxxxxx
Movements during the period
Recorded		8212	0,00
Acquisitions from third parties		8222	0,00
Cancelled		8232	0,00
Transferred from one heading to another	(+)/(-)	8242	0,00
Revaluation surpluses at the end of the period		8252	0,00
Amortisations and amounts written down at the end of the period		8322P	xxxxxxxxxxxxxxx	808.203.859,69
Movements during the period
Recorded		8272	74.786.685,38
Written back		8282	0,00
Acquisitions from third parties		8292	0,00
Cancelled owing to sales and disposals		8302	35.802.647,17
Transferred from one heading to another	(+)/(-)	8312	5.245,61
Amortisations and amounts written down at the end of the period		8322	847.193.143,51
NET BOOK VALUE AT THE END OF THE PERIOD		(23)	226.221.868,44

		Codes	Period	Preceding period
FURNITURE AND VEHICLES
Acquisition value at the end of the period		8193P	xxxxxxxxxxxxxxx	69.085.015,26
Movements during the period
Acquisitions, including produced fixed assets		8163	5.014.345,40
Sales and disposals		8173	3.230.413,81
Transfers from one heading to another	(+)/(-)	8183	1.809.866,81
Acquisition value at the end of the period		8193	72.678.813,66
Revaluation surpluses at the end of the period		8253P	xxxxxxxxxxxxxxx
Movements during the period
Recorded		8213	0,00
Acquisitions from third parties		8223	0,00
Cancelled		8233	0,00
Transfers from one heading to another	(+)/(-)	8243	0,00
Revaluation surpluses at the end of the period		8253	0,00
Amortisations and amounts written down at the end of the period		8323P	xxxxxxxxxxxxxxx	53.448.726,75
Movements during the period
Recorded		8273	5.688.620,17
Written back		8283	0,00
Acquisitions from third parties		8293	0,00
Cancelled owing to sales and disposals		8303	3.189.431,88
Transfers from one heading to another	(+)/(-)	8313	-1.877,77
Amortisations and amounts written down at the end of the period		8323	55.946.037,27
NET BOOK VALUE AT THE END OF THE PERIOD		(24)	16.732.776,39

		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	0,00
Sales and disposals		8174	0,00
Transfers from one heading to another	(+)/(-)	8184	0,00
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	0,00
Acquisitions from third parties		8224	0,00
Cancelled		8234	0,00
Transfers from one heading to another	(+)/(-)	8244	0,00
Revaluation surpluses at the end of the period		8254	0,00
Amortisations and amounts written down at the end of the period		8324P	xxxxxxxxxxxxxxx	1.058.750,00
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	1.223.750,00
NET BOOK VALUE AT THE END OF THE PERIOD Of which		(25)	2.076.250,00
Land and buildings		250
Plant, machinery and equipment		251	2.076.250,00
Furniture and vehicles		252

		Codes	Period	Preceding period
OTHER TANGIBLE FIXED ASSETS
Acquisition value at the end of the period		8195P	xxxxxxxxxxxxxxx	42.452.145,73
Movements during the period
Acquisitions, including produced fixed assets		8165	240.000,00
Sales and disposals		8175	364.485,46
Transfers from one heading to another	(+)/(-)	8185	-41.622,23
Acquisition value at the end of the period		8195	42.286.038,04
Revaluation surpluses at the end of the period		8255P	xxxxxxxxxxxxxxx	601.049,73
Movements during the period
Recorded		8215	0,00
Acquisitions from third parties		8225	0,00
Cancelled		8235	0,00
Transferred from one heading to another	(+)/(-)	8245	0,00
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	21.742.869,00
Movements during the period
Recorded		8275	849.828,60
Written back		8285	0,00
Acquisitions from third parties		8295	0,00
Cancelled owing to sales and disposals		8305	343.293,68
Transferred from one heading to another	(+)/(-)	8315
Amortisations and amounts written down at the end of the period		8325	22.249.403,92
NET BOOK VALUE AT THE END OF THE PERIOD		(26)	20.637.683,85

N°.	0401.574.852	F-cap 6.3.6

		Codes	Period	Preceding period
ASSETS UNDER CONSTRUCTION AND ADVANCE PAYMENTS
Acquisition value at the end of the period		8196P	xxxxxxxxxxxxxxx	27.631.306,32
Movements during the period
Acquisitions, including produced fixed assets		8166	37.450.907,65
Sales and disposals		8176	2.500,00
Transfers from one heading to another	(+)/(-)	8186	-21.450.178,65
Acquisition value at the end of the period		8196	43.629.535,32
Revaluation surpluses at the end of the period		8256P	xxxxxxxxxxxxxxx
Movements during the period
Recorded		8216	0,00
Acquisitions from third parties		8226	0,00
Cancelled		8236	0,00
Transferred from one heading to another	(+)/(-)	8246	0,00
Revaluation surpluses at the end of the period		8256	0,00
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)	43.629.535,32

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	3.036.246.628,41
Movements during the period
Acquisitions		8361	468.550.985,80
Sales and disposals		8371	11.131.031,30
Transfers from one heading to another	(+)/(-)	8381
Acquisition value at the end of the period		8391	3.493.666.582,91
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	76.724.800,91
Movements during the period
Recorded		8471
Written back		8481
Acquisitions from third parties		8491
Cancelled owing to sales and disposals		8501	129.210,21
Transferred from one heading to another	(+)/(-)	8511
Amounts written down at the end of the period		8521	76.595.590,70
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)	3.417.070.992,21
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	1.526.716,72
Movements during the period
Acquisitions		8363
Sales and disposals		8373
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	175.549,70
Movements during the period
Recorded		8473
Written back		8483
Acquisitions from third parties		8493
Cancelled owing to sales and disposals		8503
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	20.605,00
Movements during the period
Appropriations		8583	11.687,67
Repayments		8593
Amounts written down		8603
Amounts written back		8613
Exchange differences	(+)/(-)	8623	-9,43
Other movements	(+)/(-)	8633
NET BOOK VALUE AT THE END OF THE PERIOD		(285/8)	32.283,24
ACCUMULATED AMOUNTS WRITTEN DOWN ON AMOUNTS RECEIVABLE AT END OF THE PERIOD		8653

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 as per	rency code		(+) or (-) (in units)
Umicore Hexagone (previous Umicore France)					31-12-2022	EUR	42.663.397	569.196
Foreign company RUE REAUMUR 9 75003 PARIS France 10342965001
Umicore USA	Aandelen	1.520.000	100,00	0,00	31-12-2022	USD	487.684.548	-11.771.051
Foreign company Orange Street 1209 19801 Wilmington United States
	Aandelen	575	100,00	0,00
Umicore Taiwan CO LTD (previous UMS Taiwan)					31-12-2022	TWD	19.558.600	9.742.467
Foreign company 16F-2, Keelung Road, Sec. 2 189 11054 TAIPEI China-Taiwan
	Aandelen	500.000	100,00	0,00
Umicore Korea Limited Foreign company Gongdan 2-Ro,Seobuk-Gu 71.3 331-200 Cheonan City - chungnam Republic of Korea					31-12-2022	KRW	819.940.343.260	308.875.961.726
	Aandelen	17.076.848	47,03	52,97
Umicore Holdings Philippines Foreign company Sitio malinta-Asinan Proper-Subic Shipyard Special Economic Zone . 1044 Subic - Zambales Philippines					31-12-2022	PHP	155.781.856	329.208
Umicore Holding 1 Germany Gmbh Foreign company Rodenbacker chaussee 4 63457 Hanau - Wolfgang Germany	Aandelen	1.536.562	99,99	0,01	31-12-2022	EUR	454.080.943	-12.791.907
	Aandelen	90.025.000	100,00	0,00

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 as per	rency code		(+) or (-) (in units)
Umicore Holding 2 Germany Gmbh					31-12-2022	EUR	50.725.302	-1.535.700
Foreign company Rodenbacker chaussee 4 63457 Hanau - Wolfgang Germany
	Aandelen	10.025.000	100,00	0,00
Umicore International					31-12-2022	EUR	2.281.283.494	344.776.564
Public limited company Rue Bommel 5 4940 Bascharage Luxembourg
	Aandelen	11.766.000	100,00	0,00
Umicore Australia PTY LTD (previous UMS Australia)					31-12-2022	AUD	2.962.570	-435.962
Foreign company WALHALLA WAY 10 3023 RAVENHALL - VICTORIA Australia
	Aandelen	5.000.100	100,00	0,00
Umicore Specialty Materials Brugge					31-12-2022	EUR	3.166.659	4.982.687
Public limited company Kleine Pathoekeweg 82 8000 Brugge Belgium 0405.150.984
	Aandelen	21.499	99,99	0,01
Umicore Argentina					31-12-2022	ARS	2.714.818.556	218.857.745
Foreign company Avenida Roque Sáenz Pena 651 8° piso Oficina 139, Buenos Aires Argentina 1603638
	Aandelen	9.788.068	98,03	1,97
UMICORE AUTOCAT CANADA CORP. Foreign company MAINWAY DRIVE 4261 L7L5N9 BURLINGTON - ONTARIO Canada					31-12-2022	CAD	223.525.165	1.584.498
	Aandelen	176.700.001	100,00	0,00

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 rency code	Equity	Net result
REGISTRATION NUMBER	Nature	Number	%	%	accounts as per			(+) or (-) (in units)
UMICORE BATTERY MATERIALS POLAND sp zoo (previous Umicore Poland)					31-12-2022	PLN	2.171.013.758	17.749.238
Foreign company ul Powstancow Slaskich 2-4 , box XI p 53-333 Wroclaw Poland
UMICORE HOLDING BELGIUM	Aandelen	27.046.000	100,00	0,00
Private company with limited liability Rue du marais 31 1000 Bruxelles-Ville Belgium 0731.571.921					31-12-2022	EUR	12.330.209	-91.648
	AANDELEN	100	100,00	0,00
UMICORE SERVICES POLAND sp zoo						EUR	0	0
Foreign company ul. Swidnicka 40 50-024 Wroclaw Poland
	AANDELEN	1.000	100,00	0,00
UMICORE BATTERY MATERIALS CANADA (previous Umicore RBM Canada)					31-12-2022	EUR	0	0
Foreign company Main Street, Unit 1 216 K0H 1G0 BATH - ONTARIO Canada
	AANDELEN	115.000.001	100,00	0,00
IONWAY bv (previous Blue United)					31-12-2022	EUR	0	0
Private limited company BROEKSTRAAT 31 1000 Bruxelles-Ville Belgium 0794.652.011
	AANDELEN	25.001	50,00	0,00
EXTRA MILES MATERIALS Private company with limited liability RUE DU MARAIS 31 1000 Brussels Belgium 0803.124.168						EUR	0	0
	AANDELEN	5.000	100,00	0,00

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	Nature	Directly		Subs idiaries	Annual	Cur rency code	Equity	Net result
REGISTRATION NUMBER		Number	%	%	accounts as per			(+) or (-) (in units)
UMICORE BATTERY MATERIALS NV						EUR	0	0
Public limited company RUE DU MARAIS 31 1000 Brussels Belgium 0801.174.864
	AANDELEN	100	100,00	0,00
UMICORE INNOVATION CENTER CHINA						EUR	0	0
Foreign company FUTE EAST 3rd Road_Room 318, 3rd Floor, Building 1 526 . SHANGHAI China
	AANDELEN	0	100,00	0,00

CURRENT INVESTMENTS AND ACCRUALS AND DEFERRED INCOME

	Codes	Period	Preceding period
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	8684
Term accounts with credit institutions	53	99.128.615,99	13.510.229,24
With a remaining term or notice
up to one month	8686	99.128.615,99	13.510.229,24
between one month and one year	8687
over one year	8688
Other investments not mentioned above	8689

ACCRUALS AND DEFERRED INCOME

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

WINST OP MARKTWAARDERING VAN VERPLICHTINGEN IN VALUTA 9.654.806,22 WINST OP MARKTWAARDERING VAN VERPLICHTINGEN IN METALEN 102.160.444,35 ANDERE OVER TE DRAGEN KOSTEN 11.869.382,56 OVER TE DRAGEN INTERESTKOSTEN 14.112.021,34

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
GEWOON AANDELEN		550.000.000,00	246.400.000
Registered shares	8702	XXXXXXXXXXXXXX	45.450.459
Shares dematerialized	8703	XXXXXXXXXXXXXX	200.949.541

	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	13.390.810,27
Number of shares	8722	5.999.083
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
		ADDITIONAL NOTES REGARDING CONTRIBUTIONS (INCLUDING CONTRIBUTIONS IN THE FORM OF		Period

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.

AANDEELHOUDERSSTRUCTUUR	% Kapitaal	Aantal
		aandelen
BlackRock Inc.	5.89%	14.516.549
Baillie Gifford & Co and Baillie Gifford Overseas Ltd	9.91%	24,420,971
Groupe Bruxelles Lambert, family Trust Desmarais, Albert Frere and LTI Two S.A.
Stichting Administratiekantoor Frère-Bourgeois, The Desmarais Family Residuary Trust	16.49%	40.623.159
Norges Bank	5.30%	13,054,028
APG Asset Management (")	2.73%	6.728.778
Andere		57.25% 141.057.432
	2.43%	5.999.083
		100.00% 246.400.000

PROVISIONS FOR OTHER LIABILITIES AND CHARGES

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

PROVISIES GESCHILLEN EN RISICOS 36.120.300,68 PREMIE 25 & 35 JAAR DIENST 3.542.405,25

Period

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	199.000.000,00
Subordinated loans	8811
Unsubordinated debentures	8821
Leasing and other similar obligations	8831
Credit institutions	8841	199.000.000,00
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)	199.000.000,00
Amounts payable with a remaining term of more than one year, yet less than 5 years
Financial debts	8802	753.811.932,03
Subordinated loans	8812
Unsubordinated debentures	8822
Leasing and other similar obligations	8832	811.932,03
Credit institutions	8842	253.000.000,00
Other loans	8852	500.000.000,00
Trade debts	8862	21.000.000,00
Suppliers	8872	21.000.000,00
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	774.811.932,03
Amounts payable with a remaining term of more than 5 years
Financial debts	8803	1.226.990.879,64
Subordinated loans	8813
Unsubordinated debentures	8823
Leasing and other similar obligations	8833	1.484.092,29
Credit institutions	8843	1.225.506.787,35
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	1.226.990.879,64

	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	11.935.822,52
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	90.367.204,62

	Period
ACCRUALS AND DEFERRED INCOME
Allocation of heading 492/3 of liabilities if the amount is significant
OVERIGE TOE TE REKENEN KOSTEN	14.867.450,80
VERLIES OP MARKT WAARDERINGEN VAN VERPLICHTINGEN IN VALUTA EN METALEN	62.699.992,58
OVER TE DRAGEN OPBRENGSTEN	96.242.031,13
TOE TE REKENEN INTERESTEN	28.022.272,87
BEHANDELINGSKOSTEN	72.754.237,71

OPERATING RESULTS

	Codes	Period	Preceding period
OPERATING INCOME
Net turnover
Allocation by categories of activity
RECYCLING		2.566.199.449,35	3.949.652.424,85
E & ST		1.606.243.748,48	2.566.900.811,28
CORPORATE		56.607.964,23	8.616.323,82
Allocation by geographical market
BELGIE		234.719.711,47	267.193.808,33
DUITSLAND		1.663.833.972,35	2.341.469.493,21
VERENIGD KONINGRIJK		270.053.843,88	956.986.378,05
VERENIGDE STATEN		231.263.314,66	402.259.072,92
CHINA		254.554.659,00	715.943.560,11
FINLAND		108.421.530,01	548.107.022,11
OVERIGE		668.741.586,99	539.768.056,45
JAPAN		81.634.665,94	214.326.571,57
ZUID KOREA		715.827.877,76	539.115.597,20
Other operating income
Operating subsidies and compensatory amounts received from public authorities	740	1.969.214,27	10.957.817,10
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	3.429	3.264
Average number of employees calculated in full-time equivalents	9087	3.255,7	3.077,4
Number of actual hours worked	9088	4.668.956	5.292.492
Personnel costs
Remuneration and direct social benefits	620	270.101.237,37	225.564.462,29
Employers' contribution for social security	621	82.275.998,77	72.247.469,93
Employers' premiums for extra statutory insurance	622	34.369.635,27	29.695.589,15
Other personnel costs	623	14.693.975,37	10.360.711,00
Retirement and survivors' pensions	624	241.943,15	376.983,96

		Codes	Period	Preceding period
Provisions for pensions and similar obligations
Appropriations (uses and write-backs)	(+)/(-)	635	2.083.359,05	-27.733.911,73
Depreciations
On stock and contracts in progress
Recorded		9110	12.698.359,85	2.777.429,92
Written back		9111	951.327,63
On trade debtors
Recorded		9112
Written back		9113
Provisions for liabilities and charges
Appropriations		9115	58.664.926,24	18.662.349,64
Uses and write-backs		9116	56.734.276,19	62.495.836,04
Other operating charges
Taxes related to operation		640	8.782.052,74	8.977.626,80
Other		641/8	19.092.362,66	25.212.406,68
Hired temporary staff and personnel placed at the company's disposal
Total number at the closing date		9096	12	7
Average number calculated in full-time equivalents		9097	9,7	9,7
Number of actual hours worked		9098	18.821	19.082
Costs to the company		617	791.567,53	1.017.800,72

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	17.449.699,83	5.166.553,00
Interest subsidies	9126
Allocation of other financial income
Exchange differences realized	754	1.173.276,32	49.796.900,04
Other
Wisselkoersverschillen en omrekeningsverschillen		92.035.359,22	30.105.181,28
DIVERSE FINANCIELE KOSTEN		36.369,62	73.579,91
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	234.664,76	120.658,64
Provisions of a financial nature
Appropriations	6560	30.458.355,79	2.236.737,36
Uses and write-backs	6561
Allocation of other financial costs
Exchange differences realized	654	2.160.255,72	40.858.488,02
Results from the conversion of foreign currencies	655
Other
Diverse financiële kosten		3.129.652,32	4.497.298,69
Wisselkoers- en omrekeningsverschillen		96.177.389,16	45.468.680,76

INCOME AND CHARGES OF EXCEPTIONAL SIZE OR FREQUENCY

		Codes	Period	Preceding period
NON-RECURRING INCOME		76	0,00	61.172.866,04
Non-recurring operating income		(76A)	0,00	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)	0,00	56.062.054,04
Write-back of amounts written down financial fixed assets		761	0,00	49.712.978,05
Write-back of provisions for extraordinary financial liabilities and charges		7621
Capital profits on disposal of financial fixed assets		7631	0,00	6.349.075,99
Other non-recurring financial income		769
NON-RECURRING CHARGES		66	104.921.215,58	42.686.999,70
Non-recurring operating charges		(66A)	43.422.820,13	29.144.912,06
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	-1.852.580,93	29.138.907,00
Capital losses on disposal of intangible and tangible fixed assets		6630
Other non-recurring operating charges		664/7	45.275.401,06	6.005,06
Non-recurring operating charges carried to assets as restructuring costs	(-)	6690
Non-recurring financial charges		(66B)	61.498.395,45	13.542.087,64
Amounts written off financial fixed assets		661
Provisions for extraordinary financial liabilities and charges - appropriations (uses)	(+)/(-)	6621
Capital losses on disposal of financial fixed assets		6631	2.009.521,26
Other non-recurring financial charges		668	59.488.874,19	13.542.087,64
Non-recurring financial charges carried to assets as restructuring costs	(-)	6691

TAXES

Period

	Codes	Period
INCOME TAXES
Income taxes on the result of the period	9134	12.267.641,37
Income taxes paid and withholding taxes due or paid	9135	11.969.567,89
Excess of income tax prepayments and withholding taxes paid recorded under assets	9136
Estimated additional taxes	9137	298.073,48
Income taxes on the result of prior periods	9138	3.134.251,99
Additional income taxes due or paid	9139	3.133.452,83
Additional income taxes estimated or provided for	9140	799,16
Major reasons for the differences between pre-tax profit, as it results from the annual accounts, and estimated taxable profit
VERWORPEN UITGAVEN		86.393.227,48
DEFINITIEVE BELASTE INKOMSTEN		-263.566.439,36
AFTREK VOOR INKOMSTEN VAN INNOVATIE EN BREVETTEN		-75.629.564,90
INVESTERINGSAFTREK		-1.160.890,00
AFTREKBARE VOORHEFFINGEN		-11.805.203,70
BELASTINGSKREDIET RESEARCH & ONTWIKKELING		4.265.351,93

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	342.413.536,02
Accumulated tax losses deductible from future taxable profits	9142	0,00
Other deferred taxes representing assets
BELASTE VOORZIENINGEN EN VERDOKEN RESERVES		335.114.289,75
BELASTINGSKREDIET RESEARCH & DEVELOPMENT		10.982.072,52
INVESTERINGSAFTREK		380.351,50
Deferred taxes representing liabilities	9144	150.153.867,35
Allocation of deferred taxes representing liabilities
BELASTINGSVRIJE RESERVE		150.153.867,35

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	295.091.570,38	414.178.131,04
9146	233.405.697,99	345.658.529,77
9147	60.073.414,70	50.691.106,23
9148	42.932.671,11	43.902.121,79

RIGHTS AND COMMITMENTS NOT REFLECTED IN THE BALANCE SHEET

Codes	Period
9149
9150
9151
9153
91611
91621
91631
91711
91721
91811
91821
91911
91921
92011
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

9213	468.633.177,00
9214	656.974.227,00
9215	3.040.148.006,00
9216	3.040.915.474,00

COMMITMENTS RELATING TO TECHNICAL GUARANTEES IN RESPECT OF SALES OR SERVICES

AMOUNT, NATURE AND FORM CONCERNING LITIGATION AND OTHER IMPORTANT COMMITMENTS

LEASE-OUT METALEN 211.798.690,00

METALEN TOEBEHOREND AAN DERDEN VOOR VERWERKING TEGEN MAAKLOON 1.428.065.516,00

LEASE-IN METALEN 459.786.521,00

Period

Period

N°.	0401.574.852		F-cap 6.14
		METALEN TOEBEHOREND AAN UMICORE VOOR VERWERKING TEGEN MAAKLOON	1.058.659.801,00
	BANKGARANTIES		38.518.712,00
	WAARBORGSTELLING		15.487.027,00

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
		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)	3.417.070.992,21	2.959.521.827,50
Participating interests	(280)	3.417.070.992,21	2.959.521.827,50
Subordinated amounts receivable	9271
Other amounts receivable	9281
Amounts receivable	9291	949.082.017,82	1.482.529.763,38
Over one year	9301	369.433.362,05	435.441.977,22
Within one year	9311	579.648.655,77	1.047.087.786,16
Current investments	9321
Shares	9331
Amounts receivable	9341
Amounts payable	9351	259.175.760,41	820.203.750,83
Over one year	9361
Within one year	9371	259.175.760,41	820.203.750,83
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	268.498.018,34	134.803.833,41
Income from current assets	9431	47.195.285,88	15.978.582,29
Other financial income	9441
Debt charges	9461	37.433.983,75	14.150.175,23
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

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

Bij gebrek aan wettelijke criteria die toelaten om de transacties met verbonden partijen buiten normale marktvoordaarden te inventariseren kon geen informatie worden opgenomen 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	647.777,00
Fees for exceptional services or special assignments executed within the company by the auditor
Other audit assignments	95061	6.900,00
Tax consultancy assignments	95062
Other assignments beyondthe audit	95063	292.365,00
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
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
Hedged risk	Speculation/ coverage	Size	Book value	Real value	Book value	Real value
Schommelingen in wisselkoersen - strategische indekking	Hedging	1323669796		4.587.675,00		-20.771.632,00
Schommelingen in metaalprijzen - strategische indekking	Hedging	57548583		-11.098.374,00		-11.098.374,00
Schommelingen in energieprijzen - strategische indekking	Hedging	89420473		-8.591.103,00		25.388.249,00
Schommelingen in wisselkoersen - transactionele indekking	Hedging	1716478211	-3.888.360,00	-3.888.360,00	6.819.621,00	6.819.621,00
Schommelingen in metaalprijzen - transactionele indekking	Hedging	790123039	100.545.329,00	100.545.329,00	21.067.849,00	21.067.849,00

	Book value	Real value
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

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.

VALUATION RULES

WAARDERINGSREGELS

BOEKHOUDPRINCIPES EN WAARDERINGSREGELS

1.Oprichtingskosten en kosten van kapitaalverhoging

Voor zover ze niet in de resultatenrekening van het boekjaar zijn opgenomen, worden deze kosten op de actiefzijde van de balans geboekt voor het bedrag van de werkelijk gedragen of gemaakte kosten en uitgaven. In dit geval worden ze in maximaal 5 jaar afgeschreven. 2.Immateriële en materiële vaste activa

De vaste activa komen voor tegen historische kosten, verminderd met de samengestelde afschrijvingen, berekend over de geraamde economische levensduur van de betrokken activa, volgens de lineaire.

Onderzoekskosten: de onderzoekskosten worden geactiveerd en volledig afgeschreven gedurende het lopend boekjaar.

De kosten van ontwikkeling worden afgeschreven over een periode van 5 jaar.

Belastingkredieten voor onderzoek en ontwikkeling worden erkend onder andere bedrijfsopbrengsten op het moment van aangifte van de onderliggende dossiers. De opgebouwde vorderingen worden teruggenomen a rato het gebruik bij de belastingsaangifte. De volgende levensduren worden gehanteerd:

IT software 5 tot 10

Terreinen niet afschrijfbaar

Gebouwen

-Industriële gebouwen 20 behalve industriële complexen 15

-Andere gebouwen (kantoren, laboratoria, …) 40

-Infrastructuur werken, zoals wegen en spoorwegen 15

-Aanpassing en inrichting van de gebouwen 10

Installaties, machines en uitrusting 10

-behalve ovens 7

-behalve kleinere uitrusting 5

Meubilair en rollend materieel

-Informaticamaterieel 3 tot 5

-Meubilair en ander kantoormaterieel 5 tot 10

-Rollend materieel 5

-Mobiel materieel voor intern transport 7

Andere materiële vaste activa

-Huizen en woongebouwen 40

De aanschaffingen worden tegen kostprijs geboekt.

Vanaf boekjaar 2004 worden de intercalaire interesten niet meer in aanmerking genomen.

Herstellings- en onderhoudswerken worden in de resultatenrekening gedebiteerd.

3.Financiële vaste activa

De effecten van deelnemingen worden geboekt voor hun aanschaffingswaarde, rekening houdend met de eventueel nog te storten bedragen. Een specifieke waardevermindering wordt geboekt wanneer de evaluatie een duurzame minderwaarde aanwijst. 4.Voorraden

De voorraden worden gewaardeerd tegen historische kostprijs.

De verbruiks- en hulpgoederen worden geboekt tegen hun aankoopprijs, waarbij de afnemingen gebeuren tegen de gewogen gemiddelde prijs. Bij langzame omloop of buitengebruikstelling wordt een gepaste waardevermindering toegepast.

De metalen - grondstoffen, goederen in bewerking en gereed product - die het voorwerp zijn van een dekking, onder meer op de internationale metaalbeurzen, staan gewaardeerd als ingedekt element zoals toegelicht onder sectie transactionele risico's in de waarderingsregels.

De NCI (Non current inventory) "held to carry" wordt aanzien als dat ze een ongelimiteerde levensduur heeft gezien het de intentie is om deze materialen gedurende een ongedefinieerde periode te gebruiken. Dit betekent dat hier geen afschrijvingen op verricht worden. Rekening houdend dat de gebruikswaarde van de NCI's voornamelijk gerecupereerd zal worden door de gegenereerde cash flows van de businesses voor wie deze voorraden nodig zijn, hierbij worden ze onderdeel van Umicore's jaarlijkse impairment analyse toegepast door de businesses die deze voorraden gebruiken.

De NCI "held for sale" is gewaardeerd aan de "lower of the carrying amount and fair value less cost to sell (LOCOM)". In het zicht van de fysieke aspecten van deze NCI's en de gelieerde processen en systemen blijft hun classificatie onder voorraad.

De andere metalen die niet onder dat regime vallen, worden gewaardeerd volgens de methode van de gewogen gemiddelde prijzen op jaarbasis, rekening houdend met de specifieke aard van de bedrijvigheid en de moeilijkheden eigen aan de afneming van de voorraden. Op het einde van het boekjaar wordt de waarde van deze voorraden verminderd om de inventariswaarde terug te brengen tot de marktwaarde.

Deze waardeverminderingen worden systematisch teruggenomen wanneer de marktwaarde hoger is dan de voorheen geboekte boekwaarde.

De kostprijs van de gekochte producten omvat de netto-aanschaffingskosten en de bijkomende kosten. Voor gereed product en de goederen in bewerking wordt in de kostprijs, met de directe kosten, een deel van de indirecte productiekosten meegerekend.

5.Vorderingen en schulden

De vorderingen en schulden worden tegen hun nominale waarde geboekt. Als ze in vreemde valuta zijn opgesteld, worden ze voor hun tegenwaarde in EURO tegen de koers van de dag van de aanschaffing geboekt. Op het einde van het boekjaar worden ze gewaardeerd tegen de laatste wisselkoers van het boekjaar. Wat de vorderingen betreft zijn de regels van waardevermindering vergelijkbaar met die voor effecten.

6.Geldbeleggingen

Onder deze rubriek worden de vorderingen in termijnrekeningen op kredietinstellingen en aangeschafte effecten volgens de marktopportuniteiten of een tijdelijke wederbelegging van overtollige liquide middelen geboekt.

Ze worden gewaardeerd tegen hun aanschaffingswaarde of de beurswaarde voor genoteerde effecten en tegen de geraamde waarde voor niet genoteerde effecten, indien deze laatste waarde lager is dan de eerstgenoemde.

7.Voorzieningen

Bij de aanleg van voorzieningen worden, naast de wettelijke ook de feitelijke verplichtingen ("constructive obligation") in aanmerking genomen. Feitelijke verplichtingen ontstaan uit de handelingen van de onderneming waarbij:

-de onderneming aan andere partijen te kennen geeft, bepaalde verantwoordelijkheden te accepteren welke voortvloeien uit een patroon van in het verleden gevolgde gedragslijnen, gepubliceerde beleidsregels of een voldoende specifieke actuele verklaring -de onderneming als gevolg daarvan, bij die andere partijen een geldige verwachting heeft gewekt deze verantwoordelijkheden op te nemen. De bedragen van de voorzieningen worden verdisconteerd.

VALUATION RULES

De rustpensioenen die onder de verschillende verplichte pensioenregelingen verschuldigd zijn waaraan werkgevers en werknemers bijdragen, worden in het algemeen ten laste genomen door extern gespecialiseerde instellingen. De bijdragen die voor het boekjaar verschuldigd zijn, worden in het resultaat van die periode geboekt.

De aanvullende pensioenplannen die voor de betrokken ondernemingen verplichtingen scheppen, worden opgenomen in de voorzieningen die door actuariële methodes worden berekend op basis van de vermoedelijke vergoedingen op het einde van de loopbaan. 8.Financiële instrumenten

De onderneming gebruikt afgeleide financiële- en commoditeiteninstrumenten voornamelijk om de blootstelling aan negatieve schommelingen van wisselkoersen, metaalprijzen, rentevoeten en andere marktrisico's te beperken. De onderneming gebruikt voornamelijk contant- en termijncontracten om het metaal- en valutarisico in te dekken, en swapcontracten om het renterisico in te dekken. De transacties die verricht worden op de termijnmarkt zijn niet speculatief van aard.

Transactionele risico's

De afgeleide financiële en commoditeiteninstrumenten die tot doel hebben de reële waarde van de onderliggende ingedekte elementen te beschermen, worden initieel opgenomen tegen de transactiewaarde. Zowel de instrumenten als de ingedekte elementen worden nadien gewaardeerd aan de reële waarde op de balansdatum. Alle winsten en verliezen op de ingedekte posities worden onmiddellijk opgenomen in de resultatenrekening als bedrijfsresultaat, als ze betrekking hebben op basisproducten en als financiële resultaten als ze betrekking hebben op valuta's en rente. Op de niet-ingedekte posities worden enkel de verliezen opgenomen. Het principe van de marktwaardevergelijking is het berekenen van het verschil tussen de transactiekoers en de slotkoers, contant ten opzichte van contant of termijn ten opzichte van termijn, afhankelijk van de gebruikte transactiekoers.

Structurele risico's

Afgeleide financiële en commoditeiteninstrumenten die tot doel hebben toekomstige kasstromen te beschermen, worden niet opgenomen in het bedrijfsresultaat zolang de onderliggende kasstroom niet erkend is. Er worden geen marktwaarde-vergelijkings mechanismen toegepast -

OTHER INFORMATION TO DISCLOSE

Begin 2020 heeft het Federaal Agentschap voor Nucleaire Controle (FANC) richtlijnen uitgevaardigd voor de definitieve sanering en opslag van historisch radioactief materiaal gerelateerd aan Umicore's site in Olen (België). Er zijn gezamenlijke werkgroepen opgericht met overheidsinstellingen zoals NIRAS, OVAM en het FANC en Umicore om een plan op te stellen met de verschillende stappen die moeten worden genomen om tot een oplossing voor definitieve opslag te komen. De gezamenlijke werkgroepen zullen updates geven over de geschatte toekomstige sanerings- en opslagkosten en de specifieke bestaande milieuvoorzieningen. De voorziening zal worden aangepast op basis van veranderende omstandigheden en inzichten die worden verworven gedurende het project. Momenteel wordt verwacht dat het ontwikkelen en implementeren van dit uitvoerige stappenplan meerdere jaren in beslag zal nemen. Ondertussen zal Umicore de situatie blijven monitoren om te garanderen dat het afval geen risico vormt voor de werknemers op de site of voor de omwonende bevolking.

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	Codes	Total	1. Men	2. Women
Average number of employees
Full-time	1001	2.932,1	2.462,9	469,2
Part-time	1002	412,2	256,9	155,3
Total in full-time equivalents (FTE)	1003	3.255,7	2.665,5	590,2
Number of actual hours worked
Full-time	1011	4.234.006	3.529.990	704.016
Part-time	1012	434.950	265.598	169.352
Total	1013	4.668.956	3.795.588	873.368
Personnel costs
Full-time	1021	364.847.677,97	302.507.984,89	62.339.693,08
Part-time	1022	36.593.168,81	22.466.685,54	14.126.483,27
Total	1023	401.440.846,78	324.974.670,43	76.466.176,35
Benefits in addition to wages	1033

	During the preceding period

Average number of employees in FTE

Number of actual hours worked

Personnel costs

Benefits in addition to wages 1033

Codes	P. Total	1P. Men	2P. Women
1003	3.077,4	2.561,0	516,4
1013	5.292.492	4.301.130	991.362
1023	337.868.232,37	276.504.997,93	61.363.234,44

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
At the closing date of the period				equivalents
Number of employees	105	3.024	405	3.341,2
By nature of the employment contract
Contract for an indefinite period	110	3.014	404	3.330,7
Contract for a definite period	111	9	1	9,5
Contract for the execution of a specifically assigned work	112	1	0	1,0
Replacement contract	113	0	0	0,0
According to gender and study level
Men	120	2.515	252	2.713,7
primary education	1200	299	49	337,9
secondary education	1201	1.363	146	1.477,8
higher non-university education	1202	302	35	329,4
university education	1203	551	22	568,6
Women	121	509	153	627,5
primary education	1210	2	4	4,9
secondary education	1211	64	25	83,7
higher non-university education	1212	148	85	212,6
university education	1213	295	39	326,3
By professional category
Management staff	130	764	44	800,5
Salaried employees	134	929	219	1.097,5
Hourly employees	132	1.331	142	1.443,2
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	18.821
152	791.567,53

ENTRIES

Number of employees for whom the company submitted a DIMONA declaration or who have been recorded in the general personnel register during the period

By nature of the employment contract
--------------------------------------	--	--

Contract for an indefinite period

Contract for a definite period

Contract for the execution of a specifically assigned work

Replacement contract

Codes	1. Full-time	2. Part-time	3. Total in full-time equivalents
205	408	3	409,8
210	399	2	400,3
211	8	1	8,5
212	1	0	1,0
213

By nature of the employment contract
	Contract for an indefinite period
	Contract for a definite period
	Contract for the execution of a specifically assigned work
	Replacement contract
By reason of termination of contract
	Retirement
Unemployment with extra allowance from enterprise
Dismissal
	Other reason
Of which:	the number of persons who continue to render services to the company at least half-time on a self-employment basis

DEPARTURES		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		208	38	237,4
By nature of the employment contract
Contract for an indefinite period		205	38	234,4
Contract for a definite period		3	0	3,0
Contract for the execution of a specifically assigned work
Replacement contract
By reason of termination of contract
Retirement		41	20	55,9
Unemployment with extra allowance from enterprise		12	8	18,4
Dismissal		41	2	42,6
Other reason		114	8	120,5
Of which: the number of persons who continue to render services to the company at least half-time on a self-employment basis	350

INFORMATION ON TRAINING PROVIDED TO EMPLOYEES DURING THE PERIOD

Total of initiatives of formal professional training at the expense of the employer		Men	Codes	Women
Number of employees involved		2.605	5811	664
Number of actual training hours		46.626	5812	11.427
Net costs for the company		8.775.409,64	5813	2.121.445,67
of which gross costs directly linked to training	58031	8.756.048,98	58131	2.145.861,44
of which contributions paid and payments to collective funds		190.118,82	58132	42.428,55
of which grants and other financial advantages received (to deduct)	58033	170.758,16	58133	66.844,32
Total of initiatives of less formal or informal professional training at the expense of the employer
Number of employees involved	5821	1.621	5831	756
Number of actual training hours		68.413	5832	33.606
Net costs for the company	5823	4.117.383,75	5833	2.022.551,46
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