KPMG Audit | Lison Chouraki Audit |
Tour EQHO | 3, rue Anatole de la Forge |
2 Avenue Gambetta | 75017 Paris |
CS 60055 | |
92066 Paris la Défense Cedex | |
France |
Inventiva S.A.
Statutory Auditors Review Report on interim condensed consolidated financial statements
Period from January 1, 2021 to March 31, 2021
Inventiva S.A.
This report contains 35 pages
reg appx 0
KPMG International Cooperative, une entité de droit suisse. | de Versailles. | FR 77 775 726 417 |
KPMG Audit | Lison Chouraki Audit |
Tour EQHO | 3, rue Anatole de la Forge |
2 Avenue Gambetta | 75017 Paris |
CS 60055 | |
92066 Paris la Défense Cedex | |
France |
This is a free translation into English of the statutory auditor's review report issued in French and is provided solely for the convenience of English-speaking readers. This report should be read in conjunction with, and is construed in accordance with, French law and professional auditing standards applicable in France.
Inventiva S.A.
Statutory Auditors Review Report on interim condensed consolidated financial statements
Period from January 1, 2021 to March 31, 2021
To the Chief Executive Officer,
In our quality of statutory auditors of Inventiva S.A. and in answer to your request, we conducted a review of the interim condensed consolidated financial statements for the period from
1 January to 31 March 2021 ("the financial statements"), which are attached to this report.
Due to the global crisis related to the Covid-19 pandemic, the interim condensed consolidated financial statements of this period have been prepared and reviewed under specific conditions. Indeed, this crisis and the exceptional measures taken in the context of the state of sanitary emergency have had numerous consequences for companies, particularly on their operations and their financing, and have led to greater uncertainties on their future prospects. Those measures, such as travel restrictions and remote working, have also had an impact on the companies' internal organization and the performance of our review procedures.
These financial statements are the responsibility of the Board of directors on June 22, 2021. Our responsibility is to express a conclusion on these financial statements based on our review.
We conducted our review in accordance with professional standards applicable in France and the professional doctrine of the French national auditing body (Compagnie nationale des commissaires aux comptes) related to this engagement. A review consists primarily of making inquiries of persons responsible for financial and accounting matters and applying analytical procedures. A review is substantially less in scope than an audit conducted in accordance with professional standards applicable in France and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion.
KPMG International Cooperative, une entité de droit suisse. | de Versailles. | FR 77 775 726 417 |
Inventiva S.A. Statutory Auditors Review Report on interim condensed consolidated financial statements
Based on our review, nothing has come to our attention that causes us to believe that the accompanying interim condensed consolidated financial statements are not prepared in conformity with IAS 34, IFRS standard as adopted by the European Union on interim financial reporting.
Paris La Défense, on the 28 July 2021 | Paris, on the 28 July 2021 |
French original signed by : | French original signed by : |
KPMG Audit | Lison Chouraki Audit |
Département de KPMG S.A. |
Cédric Adens | Lison Chouraki |
3
Inventiva S.A.
Index to unaudited interim condensed consolidated financial statements
Page | |
Unaudited Interim Condensed Consolidated Financial Statements as of March 31, 2021 and for | |
the Three Months Ended March 31, 2021 and 2020 | |
Unaudited Interim Condensed Consolidated Statement of Financial Position as of March 31, 2021 and | |
December 31, 2020 | F-2 |
Unaudited Interim Consolidated Consolidated Statement of Income (Loss) for the Three Months | |
Ended March 31, 2021 and 2020 | F-3 |
Unaudited Interim Consolidated Consolidated Statement of Comprehensive Income (Loss) for the | F-4 |
Three Months Ended March 31, 2021 and 2020 | |
Unaudited Interim Consolidated Consolidated Statement of Cash Flows for the Three Months Ended | |
March 31, 2021 and 2020 | F-5 |
Unaudited Interim Consolidated Consolidated Statement of Changes in Shareholders' Equity for the | |
Three Months Ended March 31, 2021 and 2020 | F-6 |
Notes to the Unaudited Interim Consolidated Consolidated Financial Statements | F-7 |
F-1
Unaudited interim condensed consolidated statement of financial position
(in thousands of euros)
As of | As of | ||
December 31, 2020 | |||
Notes | March 31, 2021 | ||
ASSETS | |||
Non-current assets | |||
Intangible assets | 4 | 881 | 935 |
Property, plant and equipment | 5 | 3,172 | 3,282 |
Other non-current assets | 6 | 2,751 | 1,706 |
Total non-current assets | 6,803 | 5,923 | |
Current assets | |||
Inventories | 7 | 375 | 320 |
Trade receivables | 8.1 | 1 | 48 |
Tax receivables | 8.2 | 9,078 | 9,028 |
Other current assets | 8.2 | 8,157 | 17,914 |
Cash and cash equivalents | 9 | 107,806 | 105,687 |
Total current assets | 125,417 | 132,997 | |
TOTAL ASSETS | 132,220 | 138,920 | |
LIABILITIES AND SHAREHOLDERS' EQUITY | |||
Shareholders' equity | |||
Share capital | 10.1 | 386 | 386 |
Premiums related to share capital | 139,668 | 139 668 | |
Reserves | (28,958) | 4 777 | |
Translation reserve | 0 | - | |
Net loss for the period | (8,840) | (33 619) | |
Total Shareholders' equity | 10 | 102,256 | 111,211 |
Non-current liabilities | |||
Long-term debt | 11 | 10,075 | 10,037 |
Long-term provisions | 12 | 2,377 | 2,377 |
Provisions for retirement benefit obligations | 13 | 1,443 | 1,385 |
Total non-current liabilities | 13,896 | 13,800 | |
Current liabilities | |||
Short-term debt | 11 | 11 | 18 |
Trade payables | 14.1 | 8,692 | 6,923 |
Short-term provisions | 12 | 148 | 130 |
Other current liabilities | 14.2 | 7,219 | 6,838 |
Total current liabilities | 16,068 | 13,908 | |
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY | 132,220 | 138,920 |
The accompanying notes form an integral part of these financial statements
F-2
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Inventiva SA published this content on 02 August 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 August 2021 09:57:00 UTC.