ASSYSTEM_Registration_Document_2017

6

FINANCIAL STATEMENTS

PARENT COMPANY FINANCIAL STATEMENTS

EXPENSE TRANSFERS

NOTE 17

● Miscellaneous reimbursements:

€3 thousand €12 thousand

Benefits in kind:

●

FINANCIAL INCOME AND EXPENSES

NOTE 18

2017

In thousands of euros

Financial income from investments in subsidiaries and affiliates

79,840 79,840

Dividends received

Income from other securities and receivables recognised as fixed assets

445 445 974

Loan interest

Other interest income

Income from marketable securities

-

Income related to Group cash management

353 621

Other financial income

Provision reversals and expense transfers Reversal of provisions for foreign exchange losses Reversal of provisions for long-term investments (1)

30,854 3,567 27,287

Positive foreign exchange differences

2,569 2,569

Foreign exchange gains

Net proceeds from sales of marketable securities and interest on term accounts Net proceeds from sales of marketable securities and interest on term accounts

113 113

Total financial income

114,795 (18,946) (14,547)

Amortisation and provisions recognised under financial expenses

Additions to provisions for contingencies and charges relating to financial assets (1)

Additions to provisions for foreign exchange losses

(4,399) (3,544)

Interest expense

Interest on borrowings Interest on bond debt:

(721)

(62)

Ornane bonds Odirnane bonds

-

(62)

Expenses related to Group cash management

(478)

(2,283) (2,181) (2,181)

Other financial expenses (2)

Negative foreign exchange differences

Foreign exchange losses

Total financial expenses Net financial income

(24,671)

90,124 (1) Including reversals of provisions related to the following, recorded in financial income: (i) impairment of shares in subsidiaries and affiliates (€20,526 thousand), (ii) free share plans (€6,631 thousand), and (iii) subsidiary-related risks (€130 thousand). Including additions to provisions related to the following, recorded in financial expenses: (i) impairment in value of shares in subsidiaries and affiliates (€10,076 thousand), (ii) impairment in value of intra-group receivables (€65 thousand), and (iii) free share plans (€4,405 thousand). (2) Including €1,041 thousand related to the various outstanding free share plans.

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ASSYSTEM

REGISTRATION DOCUMENT 2017