Euronext - 2020 Universal Registration Document

Selected Historical Consolidated Financial Information, Other Financial Information and Unaudited Pro Forma Combined Financial Information 5 Unaudited Pro Forma Combined Financial Information

Statement of Profit or Loss for the year ended 31 December 2020

Borsa Italiana historical

Borsa Italiana under pro forma presentation

Reclassification

(in thousands of euros)

Revenue

417,173

417,173

Net treasury income through CCP business

55,687

55,687

Other income

6,326

6,326

TOTAL REVENUE AND INCOME

479,186 (18,075) 461,111 (87,501)

–

479,186

18,075 18,075 (156) (b) 3,764 (a) 52,084 (a) 39,545 (a)(b)

–

Cost of sales Gross profit

479,186 (87,657)

Salaries and employee benefits

– – – –

Total property costs

(3,764)

IT costs

(52,084) (39,545)

Total other costs

FX

(266)

266

(113,607) (201,264)

Other operational expenses*

–

(113,607) (a)

Expenses excluding depreciation, amortisation and impairment

(183,160)

(18,104)

Total share of profit after tax of asociates

–

–

Earnings before interest, tax, depreciation, amortisation and impairment

277,951

29

277,922

29

Exceptional items*

–

29 (b)

– –

Depreciation – Tangible fixed assets Amortisation – Intangible fixed assets

(12,491) (61,355)

12,491 (c) 61,355 (c) (73,846) (c)

(73,846) 204,105

Depreciation and amortisation*

–

Operating profit

204,105

–

Finance costs

(4,164)

(4,164)

–

Finance income

1,294

(1,294) (d)

1,294

Other net financing income/(expense)*

–

1,294 (d)

Profit before income tax

201,235 (62,413)

–

201,235

– –

Current tax expense

62,413 (e)

Deferred tax

10,921

(10,921) (e) (51,492) (e)

(51,492) 149,743

Income tax expense*

–

PROFIT FOR THE PERIOD Profit attributable to: n Owners of the parent

149,743

–

144,407

144,407

n Non-controlling interests

(5,336)

(5,336)

* Line items used by Euronext N.V. in their Consolidated Financial Statements. (a) Total property costs (€-3,764 thousands), IT costs (€-52,084 thousands), Total other costs (€-39,545 thousands) and FX (€-266 thousands) reclassified to Other operational expenses. (b) Non-underlying costs regarding Salaries (€156 thousands) and Other costs (€-127 thousands) transferred to Exceptional items. (c) Depreciation of tangible fixed assets (€-12,491 thousands) and Amortisation of intangible fixed assets (€-61,355 thousands) reclassified to Depreciation and amortisation. (d) Finance income (€1,294 thousands) transferred to Other net financing income/(expense). (e) Current tax expense (€-62,413 thousands) and Deferred tax (€10,921 thousands) transferred to Income tax expense. (f) Cost of sales (€-18,075 thousands) transferred to Other operational expenses.

158

2020 UNIVERSAL REGISTRATION DOCUMENT