Cap Gemini - Registration Document 2016

FINANCIAL INFORMATION

4.2 Consolidated financial statements

Unrecognized deferred tax assets

At December 31 (in millions of euros)

2015

2016

Deferred tax on tax loss carry-forwards

729

660

Deferred tax on other temporary differences UNRECOGNIZED DEFERRED TAX ASSETS

14

38

743

698

Expiry dates of tax loss carry-forwards (taxable base)

2015

2016

At December 31 (in millions of euros)

Amount

%

Amount

%

Between 1 and 5 years Between 6 and 10 years Between 11 and 15 years

115

2

51

1

1,460 1,238

31 27

1,388 1,071

32 25

Beyond 15 years (definite expiry date)

289

6

257

6

Carried forward indefinitely

1,572 4,674 2,570

34

1,529 4,296 2,433

36

4

TAX LOSS CARRY-FORWARDS (taxable base)

100

100

o/w recognized tax losses

55

57

Deferred tax liabilities Deferred tax liabilities and movements therein break down as follows:

deductible Tax- amortization goodwill

Other taxable differences temporary

deferred tax Total liabilities

Customer relationships

Note

in millions of euros

January 1, 2015

59

21 78 (9)

78 56

158 134

Business combinations Translation adjustments

-

4 1

-

(5) (7)

Deferred tax recognized in the Income Statement Other movements, including offset with deferred tax assets

10

(12)

4

-

(7) 71

(52)

(59) 221

At December 31, 2015 Business combinations Translation adjustments

64

86

-

-

- -

-

2 1

2

4

Deferred tax recognized in the Income Statement Deferred tax recorded in income and expense recognized in equity

10

(8)

5

(2)

- -

-

1

1 3

Other movements

(7) 58

10

A U DECEMBER 31, 2016

67

102

227

203

Registration Document 2016 — Capgemini