ASSYSTEM_Registration_Document_2017

FINANCIAL STATEMENTS PARENT COMPANY FINANCIAL STATEMENTS

PROVISIONS

NOTE 5

Amount at year-end

Amount at beginning of year

Increases

Decreases

In thousands of euros

Provisions for foreign exchange losses

3,567

4,399

3,567 6,761

4,399

14,151 17,718

14,241 18,640

21,631 26,030

Other provisions for contingencies and charges (1) Total provisions for contingencies and charges Provisions for impairment in value of intangible assets Provisions for impairment in value of property, plant and equipment

10,328

28

- -

- -

28

186

186

22,630

10,076

20,525

12,181

Provisions for shares in subsidiaries and affiliates (2)

Provisions for loans

- -

- -

- -

- -

Provisions for treasury shares

Sub-total: Provisions for fixed assets

22,844

10,076

20,525

12,395

Provisions for impairment in value of trade receivables Provisions for impairment in value of intra-group receivables (3) Provisions for impairment in value of sundry debtors

-

-

- - - -

-

838

65

903

-

-

-

Sub-total: Provisions for current assets

838

65

903

Total provisions for impairment in value

23,682 41,400

10,141 28,781

20,525 30,853

13,298 39,328

Total provisions

O/w recorded in:

Operating income and expenses Financial income and expenses Non-recurring income and expenses

946

-

- - -

18,946

30,853

8,889

-

(1) Additions to and reversals of provisions for contingencies and charges in 2017 break down as follows: • an additional €8,889 thousand provision for tax risks (including €2,056 for potential late payment penalties);

• a €673 thousand provision for unoccupied premises; • a €274 thousand provision for employee-related risks; • a €4,310 thousand provision for free share/performance share plans for which the related expense will be re-billed to the subsidiaries whose employees are beneficiaries of the plans concerned; • a €95 thousand provision for free share/performance share plans for which the related expense will not be re-billed; • a €6,631 thousand reversal of the provision set aside in 2016 for costs related to free share plans; • a €130 thousand reversal of the provision set aside for subsidiary-related risks concerning Assystem Shanghai following the transfer of GPS. (2) The main additions to provisions for shares in subsidiaries and affiliates concerned the following companies: • ASG: €2 thousand; • MPH Global Services SAS: €8,821 thousand;

• ASM Technologies: €548 thousand; • Assystem Investissements: €5 thousand; • Envy: €697 thousand; • Assystem Conseils: €3 thousand. Reversals of provisions for shares in subsidiaries and affiliates related to the following companies: • Silver Atena Ltd UK: €12,985 thousand; • Assystem Canada: €5,038 thousand; • Assystem International: €1,416 thousand; • Assystem Shanghai: €1,041 thousand; • Vista Technologie: €11 thousand; • Assystem Technologies: €34 thousand; • All of these provision reversals related to the sale of GPS entities. (3) Additions to provisions for impairment of intra-group receivables concerned the following companies in 2017: • Assystem Italia: €52 thousand; • Assystem Australia: €13 thousand.

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ASSYSTEM

REGISTRATION DOCUMENT 2017