Eurazeo / 2018 Registration document

CONSOLIDATED FINANCIAL STATEMENTS Notes to the Consolidated Financial Statements

Notes to the Consolidated Financial Statements 4.6

Contents

GENERAL PRINCIPLES

FINANCING AND FINANCIAL INSTRUMENTS NOTE 9

217 217

243 243 245 246 247 247

NOTE 1

1.1 1.2

Critical estimates and judgment

9.1 9.2 9.3 9.4 9.5

Net debt

Presentation of restated comparative financial

Derivatives

statements

217

Fair value of financial assets and liabilities

Net financial expense

CONSOLIDATION SCOPE NOTE 2

223

Risk management

2.1 2.2

Changes in consolidation scope 223 IFRS 5 reclassification – group of assets classified as

PROVISIONS NOTE 10

251

held for sale

223

INCOME TAX EXPENSE NOTE 11

252 252 252 253 254 254 255 256 256 256 256 256 256 257 257 257 258

SEGMENT REPORTING NOTE 3

225 225

11.1 11.2 11.3

Proof of tax

3.1 3.2

Consolidated Income Statement by business Segment aggregates for the contribution of

Analysis of the capitalization of tax losses

Sources of deferred tax

portfolio companies

228

EQUITY AND EARNINGS PER SHARE NOTE 12

OPERATING DATA NOTE 4

230 230 230 231 232 232 232

12.1 12.2

Equity

4.1 4.2 4.3 4.4 4.5 4.6

Revenue

Earnings per share

Other income

Trade and other receivables Trade and other payables Other assets and liabilities

BREAKDOWN OF CASH FLOWS NOTE 13

13.1 13.2 13.3 13.4 13.5

Cash assets

Working Capital Requirement (WCR) components

Operating income and other income and expenses

Net cash flows from operating activities Net cash flows from investing activities Net cash flows from financing activities

EMPLOYEE BENEFITS EXPENSE NOTE 5 AND LIABILITIES

233

5.1

Number of employees and employee benefits

OTHER INFORMATION NOTE 14

expense

233 233

5.2 5.3

Employee benefit liabilities

14.1 14.2 14.3

Post balance sheet events

Management compensation and other transactions

Group audit fees

with management (related parties)

235

Off-balance sheet commitments

INTANGIBLE ASSETS AND PROPERTY, NOTE 6 PLANT AND EQUIPMENT

LIST OF SUBSIDIARIES AND ASSOCIATES NOTE 15

264

236 236 237 238 239

6.1 6.2 6.3 6.4

Goodwill

ACCOUNTING PRINCIPLES AND METHODS NOTE 16

283

Intangible assets

Property, plant and equipment Impairment losses on fixed assets

INVESTMENT PROPERTIES NOTE 7

240

ASSOCIATES AND FINANCIAL ASSETS NOTE 8

240 240 241

8.1 8.2

Investments in associates

Financial assets

216

Eurazeo

2018 Registration Document