AXWAY_REGISTRATION_DOCUMENT_2017

CORPORATE RESPONSIBILITY AXWAY GROUP AND ITS BUSINESS ACTIVITIES Notes to the annual financial statements 2017

CORPORATE GOVERNANCE

CONSOLIDATED FINANCIAL STATEMENTS

2017 ANNUAL FINANCIAL STATEMENTS

CAPITAL AND AXWAY SOFTWARE STOCK

INFORMATIONS ADMINISTRATIVES ETbJURIDIQUES

COMBINED GENERAL MEETING OFb6bJUNEb2018

Trade payables

2017 1,695

2016 4,838

(in thousands of euros)

Trade payables and related accounts

Accrued expenses

22,036

15,833

Trade payables – Group

5,055

1,570

Total

28,787

22,240

Tax and social charge payables

2017 7,411 8,237

2016 7,112 8,662

(in thousands of euros)

Employee costs and related payables

Social security Withholding tax

3

6

VAT

6,651

7,539

Other tax

295

67

Total

22,597

23,385

Other liabilities, accruals and deferred income

2017

2016

(in thousands of euros)

Client deposits

938

669

Liabilities in respect of non-current assets

1,780

3,681

Group and associates

750

750

Other liabilities

2,386

77

Deferred Revenues

22,488

21,868

Translation differential – Liabilities

660

2,461

Total

29,002

29,507

Deferred income comprises the portion of billings issued in advance on fixed-price and maintenance contracts.

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AXWAY - 2017 REGISTRATION DOCUMENT

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