Cap Gemini - Registration Document 2016

FINANCIAL INFORMATION

4.2 Consolidated financial statements

Sensitivity analysis c)

Impact on the obligation at December 31, 2016 Increase Decrease

in millions of euros

Increase/decrease of 50 basis points in the discount rate Increase/decrease of 50 basis points in the inflation rate Increase/decrease of 50 basis points in the mortality rate

(367)

427

282 (60)

(270)

56

Contributions d) Future contributions

funding of pension plan deficits over the period defined with the trustees as part of the regular actuarial valuations. Contributions to defined benefit pension funds in the United Kingdom in respect of 2017 are estimated at €60 million, including the

Canada B)

require the Canadian entities to bring forward the funding of any non-renewal of certain client contracts in full or in part could deficits in respect of the employees concerned. least every three years. In accordance with local regulations, the The plans are subject to regular actuarial valuations performed at In Canada, employees covered by defined benefit pension plans break down as follows: 1,000 current employees accruing pensionable service (782 at December 31, 2015); service (79 at December 31, 2015); 80 former and current employees not accruing pensionable ◗ 303 retirees (275 at December 31, 2015). ◗

members, fluctuations in interest and inflation rates and, more liabilities that could result from changes in the life expectancy of generally, a downturn in financial markets. the employer. The plans expose the Group to the increase in assets. Nonetheless, the responsibility to fund the plans lies with The average maturity of pension plans in Canada is 20 years. plan assets are held in trust separately from the employer’s benefit pension plans and other pension and similar plans. The In Canada, defined post-employment benefits consist of defined

4

Consolidated Statement of Net provision in the Financial Position

Obligation

Plan assets

2015

2015

2015

2016

2016

2016

in millions of euros

OBLIGATION AT JANUARY 1 PRESENT VALUE OF THE BENEFIT Income Statement Expense for the period recognized in the

647

624

(470)

(448)

177

176

65 23 15 27

50 25

(19)

(19)

46 23 15

31 25

Service cost

- -

Curtailments, settlements and plan transfers

-

Interest cost

25

(19)

(19)

8

6

Impact on income and expense recognized in equity

(9) (9)

(6) (6) 14

(4)

(9)

(13)

(15)

Change in actuarial gains and losses

- - - -

-

(9)

(6) 14

Impact of changes in financial assumptions Impact of changes in demographic assumptions

(10)

(10)

-

(14)

-

(14)

Experience adjustments

1

(6)

1

(6) (9) (2)

Return on plan assets (1)

-

(4) 45 (4) 35

(9) (8) (4) 43

(4)

Other

(79)

6 4

(34)

Contributions paid by employees

4

-

-

Benefits paid to employees

(36)

(45)

(1)

(2)

Contributions paid

-

(19)

(14) (30)

(19) (14)

(14)

Translation adjustments

(47)

42

33

12

Other movements

-

5

-

(3)

-

2

PRESENT VALUE OF THE BENEFIT OBLIGATION AT DECEMBER 31

624

674

(448)

(484)

176

190

After deduction of financial income on plan assets recognized in the Income Statement and calculated using the discount rate. (1)

221

Registration Document 2016 — Capgemini