Assystem - Registration Document 2016

6

ÉTATS FINANCIERS

PARENT COMPANY FINANCIAL STATEMENTS

DEFERRED CHARGES

NOTE 13

● Accrued trade payables:

€7,773 thousand. €1,638 thousand. €386 thousand.

● Accrued taxes and payroll costs: ● Accrued interest on borrowings:

OFF-BALANCE SHEET COMMITMENTS

NOTE 14

Commitments given/received

Commitments given (in thousands of euros)

Amount 5,355 Amount 40,000

Sureties and guarantees Commitments received

Unused revolving credit facility

Reciprocal commitments

Payments due by period

Due within 1 year

Due in 1 to 5 years

Due beyond 5 years

Obligations (in thousands of euros)

Total

Operating leases • vehicles

36

30

6

– – –

• premises

860 896

430 460

430 436

Total

Derivative financial instruments The Company uses currency hedges (mainly in the form of forward sales or purchases) in order to safeguard its operating margins on major contracts denominated in foreign currency. It also uses currency swaps to hedge significant intra-Group financing in foreign currency.

The accounting principles applicable in France for forward financial instruments and hedging transactions were amended by way of ANC Regulation 2015-02 dated 2 July 2015. Assystem elected to early adopt this regulation at 31 December 2016. The re-measurement in the balance sheet of all of Assystem’s forward sale contracts at end-2016 resulted in an €801 thousand liability, recognised under treasury instruments.

REVENUE

NOTE 15

Revenue comprises income received for administrative, management and specialist services, which are mainly provided to Assystem Group subsidiaries.

It would not be relevant to provide a breakdown of revenue by business segment or by geographic region.

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ASSYSTEM

REGISTRATION DOCUMENT 2016