Eurazeo / 2018 Registration document

CONSOLIDATED FINANCIAL STATEMENTS Notes to the Consolidated Financial Statements

Foreign currency translation 16.3 Foreign-currency denominated transactions

case, an asset (or a group of assets) must be available for immediate sale in its current state, subject only to terms that are usual and customary for sales of such assets, and its sale must be deemed highly probable. In the case of financial instruments or investment property classified as held for sale, applicable measurement rules are set out in IFRS 9 and IAS 40, respectively. These assets are stated at fair value. Pursuant to IFRS 5, Non-current Assets held for Sale and Discontinued Operations, all liabilities (excluding equity), associated with groups of assets classified as held for sale are presented in a separate line of the Statement of Financial Position. Only purchased trademarks, which are identifiable, widely known and with a fair value that can be reliably measured are recognized as assets, at the value attributed to them on acquisition. Whether a trademark has a finite or indefinite useful life is determined based, in particular, on the following factors: overall position of the trademark in the sector, as measured by • sales volume, international scope and renown; outlook for the long-term return; • exposure to fluctuations in the economy; • major developments in the sector liable to have an impact on the • trademark's future; age of the trademark. • Trademarks with a finite useful life are amortized over their useful life and, where appropriate, are subject to impairment tests where there is indication that their value may have been impaired. Trademarks with indefinite useful lives are not amortized but are subject to impairment tests on an annual basis or whenever there is indication that their value may have been impaired. Costs incurred to create a new trademark or to develop an existing one are expensed in the period incurred. Other intangible assets Intangible assets (excluding trademarks) are measured at acquisition cost less accumulated amortization and impairment. The useful life of intangible assets is assumed to be finite and amortization is recognized as an expense, generally calculated on a straight-line basis over the estimated useful life: Intangible assets 16.5 Trademarks

Transactions by Group entities in foreign currencies are translated into the functional currency at the spot exchange rate at the date of the transaction. The foreign-currency value of assets and liabilities is translated at the spot exchange rate prevailing on the last day of the period. The foreign exchange gains and losses resulting from the translation of foreign-currency transactions are recognized in the income statement. Translation of foreign-currency denominated financial statements The financial statements of companies presented in foreign currencies are translated as follows on consolidation: assets and liabilities are translated at the closing exchange rate; • income statement items are translated at the average exchange • rate for the period. Unrealized foreign exchange gains and losses are reported on a separate line in equity under “Foreign currency translation reserves”. Foreign-currency denominated inter-company advances Foreign exchange gains and losses arising on foreign-currency denominated inter-company advances, the settlement of which is neither planned nor probable in the foreseeable future, are recognized in Foreign currency translation reserves. These foreign exchange gains and losses are not released to profit or loss on repayment, unless repayment forms part of a partial sale of the entity (i.e. leading to a decrease in the percentage interest in the subsidiary). Assets (or groups of assets) and 16.4 liabilities classified as held for sale The Eurazeo group's main activity is the purchase and sale of investments which may, at the closing date of the consolidated financial statements, constitute assets (or groups of assets) held for sale. Non-current assets (or groups of assets) are classified as held for sale and stated at the lower of carrying amount and fair value less costs to sell, if the carrying amount is recovered principally by means of a sale transaction rather than through continuous use. For this to be the

Straight-line amortization in years

Investment activity

Eurazeo Capital Eurazeo PME

Eurazeo Brands

Eurazeo Patrimoine

Intangible asset category

Customer contracts and relationships

9 to 20 5 to 10 3 to 5 5 to 15

10 to 20

15 10

Patents and licenses

3 to 5

1 to 6 1 to 5

Other software Accreditations

3

4

1 to 7

Curricula

5

Amortization is recognized from the date on which the asset is ready for commissioning.

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Eurazeo

2018 Registration Document