2021 Universal Registration Document

5 2021 CONSOLIDATED FINANCIAL STATEMENTS Notes to the consolidated financial statements

Other operating income and expenses included in Operating profit

4.2.3.

Financial year 2021

Financial year 2020

(in millions of euros)

Expenses arising from business combinations (fees, commissions, etc.)

-0.6

-3.1

Net restructuring and reorganisation costs Integration and reorganisation of activities p

-35.5

-44.6

-0.7

-6.6

Separation costs p Asset impairment

-34.8 -12.0

-38.0

-3.6 -7.5

Other operating expenses

-1.9

Total other operating expenses

-49.9 14.1 14.1 -35.8

-58.9

Other operating income

- -

Total other operating income

TOTAL

-58.9

In 2021, Other operating expenses mainly consisted of resource adaptation expenses in France, Germany, the United Kingdom and at Sopra Banking Software (€15.8 million, €5.8 million, €4.1 million and €8.1 million, respectively). They also include a €5.7 million impairment loss on a data centre resulting from a business combination and €6.3 million of goodwill impairment on a German cash-generating unit included in the Other Europe grouping. Other operating expenses do not include any costs relating to the Covid-19 pandemic. Other operating income consisted of €6.2 million in reversals for provisions for tax risks other than income tax and €8.2 million in income from the liquidation of companies in the United Kingdom. In 2020, Other operating income and expenses consisted of: (i) the expenses and income usually recognised within this line item and comparable to those recorded in 2021; and (ii) costs related to the Covid-19 pandemic for €15.6 million. The amount of item (i) primarily comprised €37.1 million in business reorganisation and restructuring costs, mainly incurred in the United Kingdom, France and Germany (€8.2 million, €15.1 million and €8.1 million, respectively), of which €33.8 million related to resource adjustments and €3.3 million to

the cost of reorganising premises and activities. It also included the negative €5.3 million impact of the 21 October 2020 cyberattack, and the positive €4.7 million impact of a reversal of a provision for tax risks other than income tax. It was supplemented by certain costs generated by the coronavirus crisis. The Group decided to implement certain restructuring measures for €4.3 million, mainly in India, Sweden and Spain. It also decided to restructure certain activities on which the crisis has had a significant, lasting impact, such as the aeronautics sector, and for certain staff concerned it implemented upskilling plans to eventually reassign them to positions outside the scope of their initial training and less affected by the crisis. The cost of these initiatives came to €3.3 million, mainly incurred in France. The additional logistics and payroll costs described in Note 1.3 arising from the pandemic came to €3.2 million and €2.4 million, respectively. These are included in Other operating expenses . Finally, asset impairment charges totalled €3.6 million, including €2.5 million due to the pandemic (see Note 1.3) related to the operating licence for the Visa project in the United Kingdom. These impairment charges were recognised within Other operating expenses .

185

SOPRA STERIA UNIVERSAL REGISTRATION DOCUMENT 2021

Made with FlippingBook - Online catalogs