Cap Gemini - Registration Document 2016
INFORMATION
4.2 Consolidated financial statements
Operating expenses by nature Note 7
2015
2016
% of revenues
revenues % of
Amount
Amount
in millions of euros
Personnel expenses
7,260
60.9%
7,611
60.7%
Travel expenses
499
4.2%
521
4.2%
7,759 2,207
65.1% 18.5%
8,132 2,254
64.9% 18.0%
Purchases and sub-contracting expenses
Rent and local taxes
372
3.1%
380
3.0%
Other charges to depreciation, amortization and provisions and proceeds from asset disposals
315
2.7%
333
2.6%
OPERATING EXPENSES
10,653
89.4%
11,099
88.5%
Breakdown of personnel costs in millions of euros
Note
2015
2016 6,151 1,401
Wages and salaries
5,845 1,344
4
Payroll taxes
and other post-employment benefit expenses Pension costs related to defined benefit pension plans
24
71
59
PERSONNEL EXPENSES
7,260
7,611
Other operating income and expense Note 8
Notes
2015
2016
in millions of euros
in business combinations Amortization of intangible assets recognized
(45) (40) (42) (81) (39) (16) (29)
(68)
Impairment of goodwill
13 -15
-
Expense relating to share grants
12
(58)
Restructuring costs
(103)
Integration costs for purchased companies
(68)
Acquisition costs
(1) (5)
Other operating expenses Total operating expenses Other operating income Total operating income
(292)
(303)
52 52
11 11
OTHER OPERATING INCOME AND EXPENSE
(240)
(292)
Restructuring costs reduction measures in the amount of €91 million (€67 million in Fiscal year 2016 restructuring costs primarily concern workforce the amount of €7 million (€11 million in 2015). 2015) and the streamlining of real estate and production assets in Integration costs for purchased companies Integration costs for purchased companies total €68 million and mainly concern the integration of the IGATE group and primarily
relating to incentive instruments granted to IGATE employees. the cost of consultants involved in the integration and expenses conditions of presence for companies purchased in 2016. Integration costs also include earn-outs associated with relating to the decrease in the present value of the benefit In 2015, Other operating income included income of €35 million an agreement with certain members regarding a reduction in their obligation for the main Capgemini UK Plc. pension plan, following defined benefits.
183
Registration Document 2016 — Capgemini
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