Assystem - Registration Document 2016

ÉTATS FINANCIERS

PARENT COMPANY FINANCIAL STATEMENTS

AVERAGE HEADCOUNT

NOTE 16

Assystem SA’s executives do not have employment contracts and instead receive remuneration in their capacity as Company officers (see Chapter 2 – Corporate governance).

EXPENSE TRANSFERS

NOTE 17

● Miscellaneous reimbursements:

€2 thousand. €17 thousand.

Benefits in kind:

●

FINANCIAL INCOME AND EXPENSES

NOTE 18

31/12/2016

In thousands of euros

Financial income from investments in subsidiaries and affiliates

22,974 22,974

Dividends received

Income from other securities and receivables recognised as fixed assets

850 850

Loan interest

Other interest income

7,742

Income from marketable securities

3

Income related to Group cash management

713

7,026 14,122

Other financial income (1)

Provision reversals and expense transfers Reversal of provisions for foreign exchange losses Reversal of provisions for long-term investments (2)

902

13,220

Positive foreign exchange differences

2,114 2,114

6

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

926 926

Total financial income

48,728 (23,976) (20,409) (3,567)

Amortisation and provisions recognised under financial expenses

Additions to provisions for contingencies and charges relating to financial assets (2)

Additions to provisions for foreign exchange losses

Interest expense

(6,147)

Interest on borrowings Interest on bond debt:

(162)

(4,162)

Ornane bonds Odirnane bonds

(4)

(4,158)

Expenses related to Group cash management

(79)

(1,744) (3,031) (3,031)

Other financial expenses (3)

Negative foreign exchange differences

Foreign exchange losses

Total financial expenses Net financial income

(33,154)

15,574 (1) Including €6,536 thousand concerning the future rebilling of costs related to the free share/performance share plans set up for employees of Group subsidiaries (the expense recognised by Assystem SA has been recorded as an addition to provisions for financial contingencies and charges). (2) These amounts correspond to additions to and reversals of (i) provisions recognised for the Company’s treasury share portfolio and (ii) provisions for impairment in value of shares in subsidiaries and subsidiaries’ current accounts (see Note 5 above). (3) Including a €1,139 thousand write-down of a loan granted to Avance Service Réseaux.

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ASSYSTEM

REGISTRATION DOCUMENT 2016