Eurazeo / 2018 Registration document

CONSOLIDATED FINANCIAL STATEMENTS Notes to the Consolidated Financial Statements

Sources of deferred tax 11.3 Deferred tax was calculated using tax rates that will be effective when the asset is realized, or the liability settled.

12/31/2017

Impact of foreign currency translation

Change in consolidation

Impact on equity

12/31/2018 net

net

scope Net income

(In thousands of euros)

Deferred tax sources – Asset items Intangible assets Property, plant and equipment

(340,044)

(6,113)

36,209

- - - - -

(5,940)

(315,887) (71,067)

(61,683) (3,665) (3,840) (15,934)

(12,943)

3,880 1,584

(321)

Investment properties

-

-

(2,081)

Financial assets

5,264 (1,188) 8,382

108

104 932

1,636 1,572 (309)

Other assets

17,762 (1,300)

Derivative financial instruments – assets Deferred tax sources – Liability items Provisions

(7,891)

500

-

(7,863)

1,157 2,675

3,120 3,357

88

24

(3,474) 13,067 (14,106) (3,102)

Employee benefits

7,171

(288)

152

Borrowings

(4,716)

(8,089) 2,834 (160) 2,258 9,393 3,469

(1,299) (6,353)

- -

(2)

Other liabilities

410

8

Derivative financial instruments – liabilities

2,703

(357)

83

-

2,268

Other

(29,802) 36,949

10,876

- -

(1,018)

(17,686) 49,658

Tax losses carried forward

2,797

519

NET DEFERRED TAX ASSETS (LIABILITIES)

(428,206)

70,384

384

(5,542)

(359,512)

Deferred tax assets Deferred tax liabilities

40,223

64,334

(468,429)

(423,846)

4

Eurazeo

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2018 Registration Document