Vetoquinol Universal Registration Document 2019

1 Vetoquinol  Universal Registration Document 2019  Financial report   21 PRESENTATION OF THE GROUP Vetoquinol: an industrial Group 1.6.5 Goiania (Brazil) Vetoquinol Saude Animal Ltda, a Group subsidiary, owns the plant located in Goiania (Goias state). The surface area of the buildings is 7,725 sqm on a 15,341 sqm plot. The last inspection by MAPA’s regulatory authori- ties in 2019 validated recent investments in injectable, antibiotic and parasiticide workshops. The sterile and non-sterile injectables plant has a production capacity of 7 million units. The plant has a special unit for pro- ducing plastic injectables. The plant has 110 employees, complies with all applicable MAPA regulations and was recently GMP-certified (Brazil). The Goiania unit has an innovative product research center. 1.6.6 Princeville (Canada) Vetoquinol North America Inc. owns the factory in Princeville, Quebec. This site comprises 20,000 sqm of land and 7,000 sqm of developed premises (laboratories, workshops, warehouses, offices). Canada manages environmental matters in conjunction with local authorities. Inspections carried out over the last three years have not given rise to any major obser- vations. This plant produces veterinary drugs and non-medici- nal products, mainly for the North American market but also for the European and Asian markets. It manufac- tures liquids and paste forms as well as powders. It is FDA-certified. 1.6.7 Main investments made over the last three years - excluding IFRS 16 €000 2019 2018 2017 Purchase of intangible assets (4,892) (2,943) (2,622) Purchase of PP&E (9,441) (11,276) (11,082) Purchase of available-for-sale assets (5) - - Purchase of other financial assets - - (1,156) Proceeds from sale of assets 678 279 596 Change in other financial assets (93) (85) 32 Net cash flow from business combinations (50,801) (3,726) (1,450) Net cash flow from investing activities (excluding IFRS 16) (64,547) (17,751) (15,683)