2021 Universal Registration Document

5 2021 CONSOLIDATED FINANCIAL STATEMENTS Notes to the consolidated financial statements

6.3.3.

Change in tax loss carryforwards

Other countries

France Scandinavia

Singapore

Morocco

Total

(in millions of euros)

31 December 2020

270.8

37.2

7.4

8.4

37.1 -2.9 16.3 -2.2 -3.5

360.9 -2.7 92.4 -83.8

Changes in scope

0.2

-

-

-

Created

58.3 -79.4

1.9

10.7

5.1

Used

-2.2 -0.1 -0.5

- -

- -

Expired

- -

-3.6

Translation adjustments

0.9

0.4

1.5 1.3

2.2

Other movements

-19.0

-

-

-

-17.6

31 DECEMBER 2021

231.0 146.3

36.3

19.1

13.9 13.3

47.5

347.8 168.0

Deferred tax basis – Activated

-

-

8.3

Deferred tax basis – Non-activated

84.7 37.8 21.8

36.3

19.1

0.5 4.0 0.1

39.2

179.8

Deferred tax – Activated Deferred tax – Non-activated

-

-

1.8 9.3

43.6 42.2

7.7

3.2

In France, a portion of the non-activated tax losses – €13.0 million in deferred taxes (based on a tax rate of 25.83%) – consisted of the tax loss carryforwards prior to 1 January 2014 originating from Steria. The authorities’ decision to disallow their transfer to Sopra Steria is being challenged through litigation.

In Scandinavia, the tax loss carryforwards of the companies established in Sweden and Denmark did not lead to the recognition of any deferred tax assets. Lastly, in “Other countries”, tax losses for small companies located in Brazil, Spain, Germany, the United Kingdom and several African countries were not activated.

COMPONENTS OF THE WORKING CAPITAL REQUIREMENT NOTE 7 AND OTHER FINANCIAL ASSETS AND LIABILITIES

These items include non-current financial assets, trade receivables and related accounts, other current assets, other non-current liabilities, trade payables and other current liabilities.

Other non-current financial assets 7.1.

31/12/2021

31/12/2020

(in millions of euros)

Non-consolidated securities Other loans and receivables

25.2 53.9

19.4 54.2

Derivatives

2.9

0.3

TOTAL

81.9

74.0

196

SOPRA STERIA UNIVERSAL REGISTRATION DOCUMENT 2021