2021 Universal Registration Document

5 2021 CONSOLIDATED FINANCIAL STATEMENTS Notes to the consolidated financial statements

Other intangible assets comprise technologies, customer relationships, favourable contracts, order backlogs and brands allocated as part of the purchase price allocation process for a

business combination. Expenses relating to the amortisation of allocated intangible assets enter into the calculation of Profit from

recurring operations.

Changes in Intangible assets are set out in the table below:

Amortisation and impairment

Carrying amount

Gross value

(in millions of euros)

31 December 2019

633.5 20.8 18.0 10.8 -5.1 -1.8 -14.6

360.6

272.9

Changes in scope

15.4

5.4

Allocated intangible assets

- -

18.0 10.8 -0.6 -0.8 -5.7 -67.1 232.9

Acquisitions

Disposals – Scrapping

-4.5 -1.0 -8.9 67.1

Other movements

Translation adjustments

Net increase in amortisation and impairment

-

31 December 2020

661.7

428.8

Changes in scope

0.2

0.1

0.1

Allocated intangible assets

-

- -

-

Acquisitions

5.1

5.1

Disposals – Scrapping

-50.5 30.9 16.7

-49.4 30.1 11.9 65.7

-1.0

Other movements

0.9 4.8

Translation adjustments

Net increase in amortisation and impairment

-

-65.7

31 DECEMBER 2021

664.2

487.1

177.1

Other movements mainly arose from an intangible asset, acquired as part of a business combination completed in 2020, being broken down into its gross value and amortisation. No significant development expenditures for software and solutions (Banking, Human Resources and Property Management) have been recognised under intangible assets. Internally generated assets c. Pursuant to IAS 38 Intangible Assets : research and development costs are expensed in the year in p which they are incurred; software development costs are capitalised if all of the following p can be demonstrated: technical feasibility of completing the intangible asset for use • or sale, intent to complete the intangible asset and use or sell it, • ability to use or sell the intangible asset, • generation of probable future economic benefits, • availability of adequate technical, financial and other • resources to complete the development and to use or sell the intangible asset, ability to reliably measure the expenditure attributable to the • intangible asset during its development.

No allocated intangible assets have been recognised at this stage in respect of new acquisitions during financial year 2021, described in Note 2.1. In 2020, the acquisition of Sodifrance led to the recognition of €18.0 million in customer relationships.

Assets acquired separately a. These are software assets recorded at cost. They are amortised using the straight-line method over one to ten years, depending on their estimated useful lives. Assets acquired in connection with business b. combinations These are software assets, customer relationships, brands and distributor relationships measured at fair value as part of a purchase price allocation for entities acquired in business combinations. They are amortised using the straight-line method over three to fifteen years, depending on their estimated useful lives. Acquired brands whose useful lives cannot be estimated are not amortised.

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SOPRA STERIA UNIVERSAL REGISTRATION DOCUMENT 2021

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