CAPGEMINI_REGISTRATION_DOCUMENT_2017

4

FINANCIAL INFORMATION

4.4 2017 financial statements

Net non-recurring income (expense)

Amount

in thousands of euros

Net proceeds on disposals of treasury shares under the liquidity agreement

2,544 2,224

Default interest received

{

Sub-total

4,767

Other

(111)

{

Sub-total

(111)

NET NON-RECURRING INCOME (EXPENSE)

4,656

18. Income tax expense In France, Capgemini{SE is the parent company of a French tax consolidation group comprising 18{companies. In{2017, Capgemini{SE recognized a total tax expense of €13,021{thousand, including notably an expense of €31,812{thousand in respect of the tax consolidation. In the absence of tax consolidation, Capgemini{SE would have recognized a theoretical income tax expense of €39,260{thousand. Tax losses carried forward by Capgemini{SE totaled €525,518{thousand as of December{31, 2017.

Breakdown of the income tax expense

2017 Net profit before tax Income tax expense

in thousands of euros

Recurring profit before tax

2,727,087

(869,293)

■

4,656

(1,484)

Net non-recurring income (expense) ■

2,731,743

(870,778) 791,939 39,579 26,239

Accounting profit for the year before tax ■

(2,484,417)

Tax differences

■

(124,163)

Offset of tax losses carried forward ■

Tax consolidation of subsidiaries ■

-

INCOME TAX EXPENSE

(13,021)

Impact of tax-driven valuations

Amount

in thousands of euros

Profit for the year

2,718,722

Income tax expense (net)

13,021

Profit for the year before tax Change in tax-driven provisions: Accelerated depreciation ■

2,731,743

- -

Other tax-driven valuations

PROFIT EXCLUDING TAX-DRIVEN VALUATIONS (BEFORE TAX)

2,731,743

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REGISTRATION DOCUMENT 2017 — CAPGEMINI