2021 Universal Registration Document

5 2021 CONSOLIDATED FINANCIAL STATEMENTS Notes to the consolidated financial statements

For reference, net liabilities arising from the main post-employment benefit plans changed as follows in financial year 2020:

Defined- benefit pension funds United Kingdom

Defined- benefit pension funds Germany

Retirement bonuses France

Other

Total

(in millions of euros)

Calculation assumptions for actuarial liabilities

0.11% to 0.44%

0.13% to 0.34%

0.13% to 10.30%

Discount rate Inflation rate

1.41% 2.09%

N/A

N/A

N/A

2.00% to 2.50%

2.00% to 2.50% 60 to 65

3.00% to 10.00%

Rate of salary increase

2.89%

Retirement age

65

65

Variable

Amounts recognised in the balance sheet Present value of the obligation at 31/12/2020 Fair value of plan assets at 31/12/2020 Net liabilities on the balance sheet at 31/12/2020 Net liability cost components Current service cost

1,851.3 1,703.9

164.9

68.2

13.5

2,097.9 1,717.8

1.8

2.9

9.2

147.5

163.1

65.3

4.3

380.1

4.2

10.1

0.5

0.3

15.0

Past service cost

- -

- -

- -

- -

- -

Losses/(gains) on plan settlements

Interest on obligation Interest on plan assets

34.6 -32.2

1.3

0.5

0.1

36.5 -32.3

-

-

-

Total expenses recognised in the income statement

6.6

11.3 11.3

0.9 4.3

0.3 0.5

19.2 58.3

Effect of net liability remeasurements

42.1

Return on plan assets p (excluding amounts included in interest income)

-168.3

-

-

-0.2

-168.5

Experience adjustments p

-5.1 -2.9

0.4 0.5

-0.9

0.5

-5.0 -2.6

Impact of changes in demographic assumptions p Impact of changes in financial assumptions p Total expenses recognised directly in equity

-

-0.1 0.4 0.5

218.5

10.4 11.3

5.2 4.3

234.5

42.1

58.3

Changes in net liabilities Net liability at 1 January 2020

135.7

138.0

62.1

3.9

339.7

Changes in scope

-

5.8

-

-

5.8

Net expense recognised in the income statement

6.6

11.3 11.3 -3.4 -3.4

0.9 4.3

0.3 0.5

19.2 58.3 -35.5 -35.5

Net expense recognised in equity

42.1 -29.5 -29.5

Contributions

-2.0 -2.0

-0.5 -0.5

Employer contributions p Employee contributions p

-

- - -

- - -

- - -

-

Exchange differences Other movements

-7.5

-7.5

-

-

NET LIABILITY AT 31 DECEMBER 2020

147.5

163.1

65.3

4.3

380.1

189

SOPRA STERIA UNIVERSAL REGISTRATION DOCUMENT 2021

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