Econocom - 2019 Universal registration document

06 consolidated financial statements

notes to the consolidated financial statements

ADJUSTMENTS TO 2.2.6. ACQUISITIONS MADE IN THE PREVIOUS FINANCIAL ژ YEAR

Mobis and its subsidiaries (Rayonnance) In December 2019, the Group sold a non-controlling interest in this satellite. The operation generated a capital gain for the Group, that impacted the “Other income and nonrecurring operating income” line of the income statement. SPLIT OF “ECONOCOM 2.2.8. OSIATIS FRANCE” As part of the continuation of the restructuring of its IT service businesses in France, with a view to specialising its entities by business lines, "Econocom Osiatis France" was split, with its assets transferred to "Econocom Business Continuity" and "Econocom Infogérance Systèmes"

No material adjustments were made to acquisitions made in the previous financial ژ year. DISPOSALS FOR THE 2.2.7. FINANCIAL ژ YEAR Jade (Northern Technology Investments Limited) In July ژ 2019, the Group sold its shares in Jade to associate shareholders, producing a capital gain, that impacted the “Profit (loss) from discontinued operations” line on the income statement.

Main consolidated companies 2.3. The Group’s main fully consolidated subsidiaries were as follows:

Country

Company

2019

2018

% interest

% control

% interest

% control

Holding companies Belgium Econocom Finance SNC

100.00% 100.00%

100.00% 100.00% 100.00% 100.00%

100.00% 100.00%

France

Econocom SAS

Technology Management & Financing Germany

Econocom Deutschland GmbH

100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 60.00% 100.00%

100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 60.00% 60.00% 100.00% 100.00%

100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 60.00% 100.00%

Belgium Atlance SA/NV

Belgium Econocom Lease SA/NV

Spain

Econocom SA (Spain) (1) Econocom Corporation

USA

France France France

Atlance SAS Cineolia SAS

Econocom France SAS Econocom Digital Finance Limited Econocom International Italia SpA (1) Econocom Nederland BV

100.00%

100.00% 100.00%

100.00%

Ireland

Italy

100.00%

100.00% 100.00%

100.00%

Netherlands Netherlands

100.00% 100.00% 100.00%

100.00% 100.00% 100.00% 100.00% 100.00% 100.00%

100.00% 100.00% 100.00%

Econocom Public BV

Poland

Econocom Polska SP z.o.o

United Kingdom Econocom Ltd

100.00%

100.00% 100.00%

100.00%

170

2019 annual report