Cap Gemini - Registration Document 2016

FINANCIAL INFORMATION

4.2 Consolidated financial statements

Current and non-current provisions Note 25

past event; (ii) it is probable that an outflow of resources has a present obligation (legal or constructive) as a result of a Financial Position at the year-end if, and only if, (i) the Group A provision is recognized in the Consolidated Statement of

impact of the time value of money is material. amount of the obligation. Provisions are discounted when the obligation; and (iii) a reliable estimate can be made of the embodying economic benefits will be required to settle the

Movements in current and non-current provisions break down as follows:

2015

2016

in millions of euros

At January 1

72 64

118

Charge

46

Reversals (utilization of provisions)

(12) (18)

(14) (16)

Reversals (surplus provisions)

Other

12

(4)

4

AT DECEMBER 31

118

130

At December 31, 2016, current provisions (€104 million) and non-current provisions (€26 million) mainly concern risks relating to projects €20 million (€19 million at December 31, 2015). and contracts amounting to €110 million (€99 million at December 31, 2015) and risks relating to tax and labor disputes amounting to

Other current and non-current liabilities Note 26

At December 31 (in millions of euros)

Notes

(1) 2015

2016

Special employee profit-sharing reserve

32

28 89

Derivative instruments

23

217 116

Liabilities related to acquisitions of consolidated companies

147

Non-current tax liabilities

18 75

16 87

Other

OTHER CURRENT AND NON-CURRENT LIABILITIES

22

458

367

Certain reclassifications have been made to 2015 amounts to conform to current year presentation. These reclassifications had no impact on net income nor on net cash flows. (1)

EMC in 2012 and 2013 on their investments in CPM Braxis and earn-outs granted at the time of certain acquisitions. Liabilities related to acquisitions of consolidated companies consist for €135 million of put options granted to Caixa Participacões and Derivative instruments primarily consist of EUR/USD fix-to-fix cross currency swaps valued at €35 million at December 31, 2016 “ORNANE 2013” bonds, valued at €162 million. This option was exercised in 2016 on the early redemption of the ORNANE 2013 bonds (€20 million at December 31, 2015). At December 31, 2015, derivative instruments also included the conversion option embedded in the (see Note 21 – Net debt / Net cash and cash equivalents).

Accounts and notes payable Note 27

At December 31 (in millions of euros)

Note

2015

2016 1,105

Accounts payable

1,015

Accrued taxes other than income tax

390

392

Personnel costs

1,303

1,311

Other

16

10

AND NOTES PAYABLE

22

2,724

2,818

223

Registration Document 2016 — Capgemini