ASSYSTEM_Registration_Document_2017

6

FINANCIAL STATEMENTS

PARENT COMPANY FINANCIAL STATEMENTS

INCOME TAX

NOTE 20

Analysis of income tax The breakdown of income tax between the portion related to profit from recurring operations and the portion related to non-recurring items was determined by analysing the nature of the underlying income and expenses. The effect of tax consolidation has been included in the portion related to non-recurring items.

Before tax 76,605 313,278 389,883

Tax

After tax 79,819 307,948 387,768

In thousands of euros

Profit from recurring operations

3,214 (5,330) (2,115)

Net non-recurring income

Profit for the period

Tax consolidation Assystem is the head of a tax group that includes the following entities: Assystem Engineering and Operation Services, SCI du Pont Noir, ASG, Insiema, Assystem Conseils, Assystem Investissements, MPH International and MPH Global Services. Under the tax consolidation agreement, the methods for calculating the income tax due by each entity in the tax group are determined based on the applicable tax rules in force at the reporting date and as if each entity were taxed on a stand-alone basis.

Deferred taxes

2017 tax base

Amount of tax

Deferred tax liabilities (calculated at a rate of 34.43%) (In thousands of euros)

Deferred charges

-

-

Total

-

-

2017 tax base

Amount of tax

Deferred tax assets (calculated at a rate of 34.43%) (In thousands of euros)

Unrealised foreign exchange gains Provisions for impairment in value

0

0

187

(64)

Acquisition-related expenses

1,802

(620)

Other expenses

200

(69)

Total

2,189

(754)

158

ASSYSTEM

REGISTRATION DOCUMENT 2017