Euronext - 2020 Universal Registration Document

Selected Historical Consolidated Financial Information, Other Financial Information and Unaudited Pro Forma Combined Financial Information

Unaudited Pro Forma Combined Financial Information

The main reclassifications performed are as follows:

Balance Sheet as per 31 December 2020

Borsa Italiana historical

Borsa Italiana under pro forma presentation

Assets (in thousands of euros) Property, plant and equipment

Reclassifications

43,113

(20,817) (a)

22,296 32,375

Right-of-use assets*

–

32,375 (a)

1,323,070

Intangible assets

1,334,628

(11,558) (a)

–

Investment in associates

2,170 4,932

(2,170) (b)

Deferred tax assets

4,932 2,170

Investments in associates and joint ventures*

–

2,170 (b)

Financial assets at FVOCI – Debt Instruments – Non Current

20,641

20,641

Other non-current assets

171

171

TOTAL NON-CURRENT ASSETS Trade and other receivables

1,405,655

–

1,405,655

75,027 16,162 102,330

75,027 16,162 102,330

Current tax assets

Financial assets at FVOCI – Debt Instruments – Current

CCP clearing business assets Cash and cash equivalents TOTAL CURRENT ASSETS

128,996,358

128,996,358

299,358

299,358

129,489,235

–

129,489,235

Assets held for sale

–

5

TOTAL ASSETS

130,894,891

–

130,894,891

Equity and Liabilities (in thousands of euros) Issued capital

350,000 538,535 603,056

350,000 538,535 603,056

Share premium

Retained earnings

Other reserves

259

259

Shareholders’ equity

1,491,850

1,491,850

Non-controlling interests

65,963

65,963

–

1,557,813

TOTAL EQUITY

1,557,813

–

Long term loans to Group companies

132,800

(132,800) (c)

132,800

Borrowings

– –

132,800 (c)

18,888

Lease liabilities – Non-current*

18,888 (d)

Deferred tax liabilities

103,871

103,871

Retirement benefit obligation

9,286

9,286

Contract liabilities – Non-current

10,060 18,888

10,060

–

Other non-current payables

(18,888) (d)

TOTAL NON-CURRENT LIABILITIES

274,906

–

274,906

15,687

Lease liabilities – Current*

–

15,687 (e)

CCP clearing business liabilities Current income tax liabilities Trade and other payables Contract liabilities – Current

128,963,663

128,963,663

5,893

5,893

70,530

86,217

(15,687) (e)

5,932

5,932

Provisions – Current

467

467

TOTAL CURRENT LIABILITIES TOTAL EQUITY AND LIABILITIES

129,062,173 130,894,891

– –

129,062,173 130,894,891

* Line items used by Euronext N.V. in their Consolidated Financial Statements. a. Right-of-use asset property (€18,754 thousands) and Right-of-use other (€2,063 thousands) transferred from Property, plant and equipment to Right-of-use assets and Right-of-use intangible assets (€11,558 thousands) transferred from Intangible assets to Right-of-use assets.

b. Investment in associates (€2,170 thousands) reclassified to Investment in associates and joint ventures. c. Long term loans to Group companies (€132,800 thousands) reclassified to Non-current borrowings. d. Lease liabilities (€18,888 thousands) transferred from Other non-current payables to Lease liabilities – Non-current. e. Lease liabilities (€15,687 thousands) transferred from Trade and other payables to Lease liabilities – Current.

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2020 UNIVERSAL REGISTRATION DOCUMENT