Eurazeo / 2018 Registration document

CONSOLIDATED FINANCIAL STATEMENTS Notes to the Consolidated Financial Statements

Valuation and change in Group obligations 5.2.2 Group obligations are measured using the projected unit credit method. Group obligations are partially funded by outside funds, with the balance covered by provisions recognized in the balance sheet. The following table shows changes in the liability net of plan assets recognized in the Eurazeo group balance sheet:

Fair value of plan assets Net obligation

Obligation

Liability

Assets

(In thousands of euros) As of December 31, 2017

182,180

(91,951)

90,229

91,736

1,507

Current service cost

5,318 1,478

-

5,318 1,833

5,318 1,833

Net interest cost

355

Benefits paid

(7,046)

5,404

(1,642)

(1,642)

Contributions from plan participants Contributions from the employer

2,066

(2,066) (5,554)

-

-

(28) 933

(5,582)

(5,582)

Past service cost

- - -

933

933

Impact of plan curtailments

(5,437)

(5,437)

(5,437)

Settlements

- -

-

-

Return on plan assets

385

385

385

Actuarial gains and losses demographic assumptions • financial assumptions • Changes in consolidation scope/Reclassifications Foreign currency translation As of December 31, 2018 Due in less than one year Due in more than one year

1,468

- -

1,468

1,468

(1,295)

(1,295)

(1,295)

7,217 1,662

(2,700)

4,517

4,649

132

(741)

921

921

188,516

(96,868)

91,648

93,287

1,639

2,647

90,640

Except for actuarial gains and losses, the expense relating to post-employment benefits (€8.1 million in 2018, compared with €11.7 million in 2017) is split between Employee benefits expense and Financial expenses (i.e. expense of €1.8 million in net financial expenses in 2018 and income of €0.2 million in 2017).

Eurazeo

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2018 Registration Document