Euronext - 2020 Universal Registration Document

Financial Statements

Notes to the Consolidated Financial Statements

NOTE 6

NON-CONTROLLING INTERESTS (NCI)

Financial information of subsidiaries that have material non-controlling interest is provided below. Proportion of equity interest held by non-controlling interests:

% of ownership interest held by NCI 2020 %

Place of business/ country of Incorporation

2019 %

Name of entity

Nord Pool Holding AS

Norway

34.00 40.00 21.00

–

iBabs B.V. (a)

The Netherlands United Kingdom

40.00 22.00

Commcise Software Ltd. (b)

Euronext FX Inc.

United States

– –

2.70

Company Webcast B.V.

The Netherlands

49.00

(a) The Group has a call option to acquire the remaining stake in iBabs B.V. (b) In 2020, the Group exercised a call option to acquire an additional 1% stake in Commcise Software Ltd. for €0.3 million. The Group has another call option to acquire the remaining stake in Commcise Software Ltd.

The summarized financial information of these subsidiaries is provided below. This information is based on amounts before intercompany eliminations.

SUMMARISED BALANCE SHEET

Commcise Software Ltd.

Nord Pool Holding AS

iBabs B.V.

Euronext FX Inc.

Company Webcast B.V.

31 Dec. 2020

31 Dec. 2019

31 Dec. 2020

31 Dec. 2019

31 Dec. 2020

31 Dec. 2019

31 Dec. 2020

31 Dec. 2019

31 Dec. 2020

31 Dec. 2019

(In thousands of euros)

Current assets

87,540

–

17,422

13,175

9,351

6,543

22,231

21,692

6,405

6,038

Current liabilities

60,567

–

7,163

5,870

4,197

3,540

7,556

7,027

4,904

4,209

Current net assets Non-current assets

26,973

– 10,259

7,305

5,154

3,003 14,675 14,665

1,501

1,829

32,836

–

18,479

20,606

7,172

9,082

43,660

45,065

5,958

2,383

7,457

–

4,607

4,435

1,359

1,538

7,419

7,543

1,145

902

Non-current liabilities

Non-current net assets

25,379 52,352

– 13,872 16,171

5,813

7,544 36,241 37,522

4,813 6,314

1,481 3,310

– 24,131 23,476 10,967 10,547 50,916 52,187

NET ASSETS

Accumulated NCI

17,799

–

9,652

9,390

2,303

2,320

–

1,409

–

1,622

SUMMARISED STATEMENT OF COMPREHENSIVE INCOME

8

Commcise Software Ltd.

Nord Pool Holding AS

iBabs B.V.

Euronext FX Inc.

Company Webcast B.V.

2020 35,907

2019

2020 16,528

2019 13,726

2020 5,834

2019 5,006

2020 27,045

2019 25,563

2020 10,336

2019 6,778 1,671

(In thousands of euros)

Revenue

–

Profit for the year

4,479

–

7,654

5,384

993

387

7,197

4,641

2,978

OCI

(323)

–

–

–

107

135

3

104

–

–

TOTAL COMPREHENSIVE INCOME Profit/(loss) allocated to NCI

7,654

5,384

1,100

522

7,200

4,745

2,978

1,671

4,156

–

–

3,062

2,153

209

85

128

125

22

819

1,523

Dividends paid to NCI

–

–

2,800

1,200

–

–

110

109

–

–

243

2020 UNIVERSAL REGISTRATION DOCUMENT