2021 Universal Registration Document

5 2021 CONSOLIDATED FINANCIAL STATEMENTS Notes to the consolidated financial statements

Other current assets 7.3.

31/12/2021

31/12/2020

(in millions of euros)

Inventories and work in progress Advances and payments on account

44.7

43.8

1.5 5.2

3.2 5.6

Staff and social security

Tax receivables (other than corporate income tax)

185.4 104.2

161.1

Corporate income tax

85.5

Loans, guarantees and other financial receivables maturing in less than one year

1.5

3.4

Other receivables

32.5 -1.1 68.5

44.9 -1.0 62.8

Impairment of other receivables

Prepaid expenses

Derivatives

5.4

1.2

TOTAL

447.9

410.6

Inventories and work in progress essentially result from the costs of

described in Note 4.1. Their increase results from the signature of

fulfilling contracts (transition phases of third-party application new contracts. maintenance, infrastructure management and outsourcing contracts; preparatory phases for licences in SaaS mode), as

Tax receivables include those relating to the CIR (R&D tax credit) in France.

Other non-current liabilities 7.4.

31/12/2021

31/12/2020

(in millions of euros)

Put options granted

-

84.3 17.3

Other liabilities – Non-current portion

15.2

Derivatives

0.6

2.4

TOTAL

15.8

104.1

In 2021, Other non-current liabilities included funding requirements for the Group’s investments in corporate venture funds, for €9.8 million (€11.3 million at 31 December 2020). At 31 December 2021, Derivatives consisted of interest rate and foreign currency hedges (see Notes 12.5.3 and 12.5.4). the corresponding amount of non-controlling interests initially; p and the Group’s share of consolidated reserves for the remainder. p Subsequent changes in this put option arising from changes in estimates or relating to the unwinding of discount are offset against the corresponding non-controlling interests and the remainder is deducted from the Group’s share of consolidated reserves.

In the United Kingdom, the put option granted by the Group to the Cabinet Office for the shares it holds in the SSCL joint venture, which may be exercised between 1 January 2022 and 1 January 2024, is now recognised within Other current liabilities. It amounted to €84.3 million at 31 December 2020. Put options granted to non-controlling interests When non-controlling interests have an option to sell their investment to the Group, a financial liability is recorded in other non-current liabilities for the present value of the option’s estimated exercise price. The offset of the financial liability generated by these commitments is deducted from:

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SOPRA STERIA UNIVERSAL REGISTRATION DOCUMENT 2021