Eurazeo / 2019 Universal Registration Document

Financial Statements Consolidated Financial Statements for the year ended December 31, 2019

PROVISIONS NOTE 10

Provisionsbreak down as follows:

Employee benefit liabilities

Disputes

Other

12/31/2019 12/31/2018

(In thousandsof euros)

Openingbalance

93,287 20,964

11,246

29,004

133,537

136,091

Additions/charge for the period Change in consolidation scope Reductions/Reversals of provisions Reclassifications/Foreign currency translation/Actuarial gains andlosses

7,517

30,562

59,043

30,086

9,006

507

(65)

9,448

12,622

(16,555)

(4,306)

(18,211)

(39,073)

(43,035)

14,678

(942)

(830)

12,906

(2,227)

Closingbalance

121,380

14,022

40,460

175,862

133,537

Due inlessthan one year Due inmore thanone year

3,591

6,684 7,338

25,741 14,719

36,016 139,846

24,848 108,690

117,788

Employeebenefit liabilities 10.1.1. Note 5.2 provides a breakdown of the types of employee benefit liabilitiesand key valuationassumptions. Provisions for disputesand otherprovisions 10.1.2. Provisions for litigation and other provisions primarily concern litigation,restructuringandmiscellaneous provisions.

In addition, Eurazeo Group identifies contingent liabilities related to disputes or legal proceedings arising in the ordinary course of business,the impact of which cannot be quantified at the year-end (see Section 4.2,Risk factors,of this UniversalRegistration Document). To the best of Eurazeo's knowledge, there are no legal or arbitration proceedings involving Eurazeo or its subsidiaries, that could have or recently have had a material impact on the financial position or profitabilityof the consolidated Group.

06

/ EURAZEO

253

2019 UNIVERSAL REGISTRATION DOCUMENT

Made with FlippingBook Annual report