ASSYSTEM_Registration_Document_2017

6

FINANCIAL STATEMENTS

CONSOLIDATED FINANCIAL STATEMENTS

6.3

Investment property

IAS 40 defines investment property as property held to earn rentals or for capital appreciation or both, rather than for use in the production or supply of goods or services or for administrative purposes. Investment property is measured at fair value and any gains or losses arising from changes in fair value are recognised directly in the income statement.

The building recognised under “Investment property” at 31 December 2017 corresponds to a fully-owned property located in Equeurdreville, France, which is measured at fair value. It was valued in February 2014 by an independent valuer who has no legal ties with the Group. In compliance with IFRS, the valuation method used was based on analysing recent transactions involving similar assets in the same market, as well as a return-based approach. Major market trends were also taken into consideration. At 31 December 2017, the value of this investment property was €1.4 million. There have been no significant changes in the substance of the lease contract on the property since the last valuation was performed. Assystem Technologies Groupe shares and convertible bonds As stated in Note 2– Significant events of the year, Assystem’s interest in the equity instruments and quasi-equity of Assystem Technologies Groupe (ATG) is recognised in the consolidated statement of financial position under “Assystem Technologies Groupe shares and convertible bonds”. 6.4

2017

In millions of euros

At 1 January ATG shares acquired*

62.4 62.1

Convertible bonds acquired

Share of profit

2.3 1.5

Income from convertible bonds

At 31 December

128.3

Portion related to shares accounted for by the equity method

64.7 63.6

Portion related to convertible bonds

* Purchase price of the shares including transaction costs

KEY FIGURES CONCERNING ASSYSTEM TECHNOLOGIES GROUPE

2017

In millions of euros

Revenue

178.9

Profit for the period

5.9

Other comprehensive income (expense) Total comprehensive income

(0.3) 5.6

Non-current assets

555.6 308.4 (452.2) (258.6) 153.2

Current assets

Non-current liabilities

Current liabilities

Net assets

In accordance with IFRS 3R, Assystem Technologies Groupe will complete the purchase price allocation process during the twelve-month measurement period.

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ASSYSTEM

REGISTRATION DOCUMENT 2017