2021 Universal Registration Document

6 2021 PARENT COMPANY FINANCIAL STATEMENTS Notes to the balance sheet

The Corporate income tax item in the amount of €3,077 thousand consists of overpayment of a corporate income tax payment on account. The Group and associates item consists of current account advances to Group subsidiaries (see Note 5.1.3.c).

Prepaid expenses relate to services invoiced in 2021 and attributable to subsequent years. They mainly concern costs associated with hardware and software maintenance contracts and leases of movable and immovable property.

SHORT-TERM INVESTMENT SECURITIES 5.2.4. At the balance sheet date, no short-term investment securities had been subscribed. Short-term investment securities are recognised at cost. p At each financial year-end, an impairment loss is recognised whenever the carrying amount exceeds the value in use, except in the case p of treasury shares assigned to a predetermined plan to distribute free shares to employees of the Company.

DEBT ISSUANCE COSTS AND TRANSLATION ADJUSTMENTS – ASSET 5.2.5.

2021

2020

(in thousands of euros)

Debt issuance costs

475

565 127 692

Foreign currency translation losses

1,213 1,688

TOTAL

Debt issuance costs a. Debt issuance costs consisted of costs to negotiate and arrange the bond issue carried out on 5 July 2019 for an initial amount of €697 thousand. These costs are amortised over the term of the debt in proportion to the interest accrued.

Foreign currency translation losses b. The Translation adjustments – Asset item amounted to €1,213 thousand at end-December 2021, compared with €127 thousand at end-2020. This change was mainly due to the stock of US dollar receivables being higher at end 2021 than it had been at end 2020.

A provision for contingencies and losses is recognised in respect of foreign currency translation losses in the amount of such losses, unless the transactions are hedged or their term is sufficiently close. In this case, the unrealised gains and losses are considered to form part of the overall foreign exchange position and the charge to the provision is restricted to the amount by which losses exceed gains.

IMPAIRMENT OF CURRENT ASSETS 5.2.6.

Impairment (beginning of period)

Changes in scope

Impairment (end of period)

Charges

Reversals

(in thousands of euros)

Impairment of trade receivables Impairment of current accounts

217

30

- - - -

202

45

47

- -

47

- -

Cash and cash equivalents

-

-

TOTAL

264

30

249

45

ACCRUED INCOME 5.2.7.

31/12/2021

31/12/2020

(in thousands of euros)

Accrued income Trade payables – Credit notes to be received

133

1,447

Trade receivables, related accounts and other receivables

117,854

134,063

Tax and social security receivables

1,308

2,240

Cash and cash equivalents

144

169

TOTAL

119,439

137,919

254

SOPRA STERIA UNIVERSAL REGISTRATION DOCUMENT 2021