AXWAY_REGISTRATION_DOCUMENT_2017

CORPORATE RESPONSIBILITY AXWAY GROUP AND ITS BUSINESS ACTIVITIES Consolidated statement of net income

CORPORATE GOVERNANCE

CONSOLIDATED FINANCIAL STATEMENTS

2017 ANNUAL FINANCIAL STATEMENTS

CAPITAL AND AXWAY SOFTWARE STOCK

INFORMATIONS ADMINISTRATIVES ETbJURIDIQUES

COMBINED GENERAL MEETING OFb6bJUNEb2018

4.1 Consolidated statement of net income

2017

2016

2015

Notes

Amount

Amount

Amount

(in thousands of euros)

Revenue

4 5 4

299,845 -188,473 -74,769 -2,699 -6,341 12,965 40,528 13.5% -1,308 -8,543 30,678 10.2% -2,943 27,735 -1,093 1,784 -24,021 9.2%

301,078 -190,127 -66,415

284,612 -180,150 -62,371 -2,504 -6,249 11,158 44,496 15.6% -6,044 37,902 13.3% -10,493 27,409 -550

Employee costs

Purchases and external expenses

Taxes and duties

-2,848 -5,549 14,632 50,771 16.9% -1,089 -7,863 41,818 13.9% -6,738 35,080 11.7%

Depreciation and amortization, provisions and impairment

4

Other current operating income and expenses

Profit on operating activities

as % of revenue excl.

Share-based payment expense

5 4

Amortization of allocated intangible assets

Profit from recurring operations

as % of revenue excl.

Other operating income and expenses

4

Operating profit

as % of revenue excl.

9.6% -361

Costs of net financial debt

10 10

-380

Other financial income and expense

522

-1,292 2,101

Income taxes

6

-3,745

Net income from associates

-

-

-

Net profit for the period from continuing operations Profit after tax from discontinued operations

4,405

31,477

27,856

-

-

Net profit for the year as % of revenue excl.

4,405 1.5%

31,477 10.5%

27,856

9.8%

of which share attributable to non-controlling interests

1

0

1

of which share attributable to owners of the parent company

4,404

31,477

27,856

116

AXWAY - 2017 REGISTRATION DOCUMENT

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