Assystem - Registration Document 2016

FINANCIAL STATEMENTS

CONSOLIDATED FINANCIAL STATEMENTS

NET LIABILITY RECOGNISED IN THE STATEMENT OF FINANCIAL POSITION

2016 27.6 (1.2) 26.4

2015 24.9 (1.4) 23.5

In millions of euros

Present value of funded or partially-funded post-employment benefit obligations

Fair value of plan assets

Provision recognised in the statement of financial position

CHANGE IN THE NET LIABILITY RECOGNISED IN THE STATEMENT OF FINANCIAL POSITION

2016 23.5

2015 24.3

In millions of euros

Net liability at 1 January

Current service cost

1.9 0.4 1.1 0.1 0.1

2.2 0.4

Interest expense

Remeasurement of the net liability recognised in equity

(3.6)

Currency translation differences

0.2 1.5

Effect of changes in scope of consolidation

Benefits paid

(0.9)

(1.6)

Benefits paid directly by the fund Net liability at 31 December

0.2

0.1

26.4

23.5

for France and Germany in 2016 versus 2.5% in 2015). The composite rate applied for 2016 was determined by reference to the Bloomberg and Iboxx rates.

Current service cost is recognised under “Depreciation, amortisation and provisions for recurring operating items, net” and interest expense is recorded under “Other financial income and expenses”. The actuarial gains and losses recognised directly in other comprehensive income mainly relate to the effect of changes in the discount rate (1.5%

PRESENT VALUE OF THE POST-EMPLOYMENT BENEFIT OBLIGATION

2016 24.9

2015 25.8

In millions of euros

Present value of the post-employment benefit obligation at 1 January

Service cost

1.9 0.4 1.1 0.1 0.1

2.2 0.4

Interest expense

Remeasurement of the net liability recognised in equity

(3.6)

6

Currency translation differences

0.2 1.5

Effect of changes in scope of consolidation

Benefits paid

(0.9) 27.6

(1.6) 24.9

Present value of the post-employment benefit obligation at 31 December

PLAN ASSETS

2016 1.4 (0.2) 1.2

2015 1.5 (0.1) 1.4

In millions of euros

Fair value of plan assets at 1 January

Benefits paid

Fair value of plan assets at 31 December

Plan assets are mainly split between two funds representing €0.7 million and €0.5 million respectively.

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ASSYSTEM

REGISTRATION DOCUMENT 2016