Inventories and work-in-progress rose slightly to EUR 3,382 million as of December 31, 2020, compared with EUR 3,368 million as of December 31, 2019. As a result, adjusted net margin was 7.2% in 2020, as against 11.1% in 2019. Main IFRS aggregates (see reconciliation table in the Appendix). In 2020, 15 Falcon orders were recorded, compared with 40 in 2019. The above figures relate only to the number of new aircraft. FINANCIAL RELEASE Saint-Cloud, February 27, 2020 1. Dassault Falcon Jet Corp., is a wholly owned U.S. subsidiary of Dassault Aviation, France. After having suspended this guidance on April 1 due to the Covid-19 crisis, on July 23, 2020, we published a new guidance of 30 Falcon deliveries. This split would occur during the second half of 2021. After having suspended this guidance on April 1 due to the Covid-19 crisis, on July 23, 2020, we confirmed the guidance of 13 Rafale deliveries. Aircraft support and availability: maintain the highest standards. The “book-to-bill ratio” (order intake/net sales) is 0.63 for 2020. Digitalization is essential for our processes, from design to support, while mastering our data. Explore The Defense Export share of the intake was EUR 224 million in 2020, compared with EUR 769 million in 2019, a year that saw significant military support. For the record, 2019 saw the delivery of developments for the upgrade of the ATL2 combat system and delivery of the first two upgraded aircraft to the French Navy. We also successfully delivered 34 Falcon (despite the travel restrictions), continued working on the Falcon 6X which completed its virtual rollout in December 2020 and that is expected to enter into service in late 2022 and continued to develop the future Falcon to be announced in the first half of 2021. Annual General Meeting of May 11, 2021 a ten-for-one stock split, reducing the par value of Dassault Aviation shares from EUR 8 to EUR 0.80. The latest Dassault Systèmes news, information and media resources. the valuation of foreign exchange derivatives which do not qualify for hedge accounting, by neutralizing the change in fair value of these instruments (the Group considering that gains or losses on hedging should only impact income as commercial flows occur), with the exception of derivatives allocated to hedge balance-sheet positions whose change in fair value is presented as operating income. SPLIT of the PAR value OF THE SHARE. The order intake item is composed entirely of firm orders. KEY FIGURES OF DASSAULT AVIATION GROUP 2020 2019 Order intake € 3,463 M OCEAN support contract 15 Falcon € 5,693 M RAVEL support contract 40 Falcon Adjusted As guided, we delivered 13 Rafale Export and continued to explore new Export opportunities. Make in India: continue developing the activities transferred to DRAL. It includes the following balance sheet items: cash and cash equivalents, current financial assets (at market value) and financial debt; it excludes lease liabilities recognized following the application of IFRS 16. For 2020, the Group will pay EUR 85 million in employee profit-sharing and incentives, including 20% correlated social tax, whereas the application of the legal formula would have resulted in a EUR 2 million payment. This increase is essentially due to the change in the US dollar exchange rate between December 31, 2020 and December 31, 2019 (1.2271 $/€ versus 1.1234 $/€). the financial impacts due to the health crisis (under-used capacity, cost of health measures, decline in activity at Falcon maintenance centers, etc.). Dassault Falcon Jet Corp., is a wholly owned U.S. subsidiary of Dassault Aviation, France. Consult the Dassault Aviation press kits and access the backgrounders and press information. Dassault Aviation: serving armies. Dassault Aviation Financial Release - Full year results 2020: KEY FIGURES OF DASSAULT AVIATION GROUP 2020 2019 Order intake € 3,463 M OCEAN support contract15 Falcon € 5,693 M RAVEL support contract40 Falcon Adjusted net sales (*) € 5,489 M 13 Rafale Export34 Falcon € 7,341 M 26 Rafale Export40 Falcon Backlogas of December 31 € 15,895 M 62 Rafaleof which 28 … Preparation of the future: keep to the schedule for the future Falcon. This decrease was mainly due to a lower number of Rafale deliveries. “2020 was an extraordinary year, dominated by the Covid-19 pandemic that plunged the entire world into a health and economic crisis. French billionaire politician Olivier Dassault died in a helicopter crash on Sunday in northern France's Normandy region, news agency reported probe sources as saying. The Defense France portion amounted to EUR 1,322 million in 2020, compared with EUR 2,616 million in 2019. It includes 34 Falcon, versus 53 as of December 31, 2019. gains and losses resulting from the exercise of hedging instruments which do not qualify for hedge accounting under IFRS standards. 5th batch of the Rafale France: prepare for the productability contract.