QUADIENT - 2019 Universal Registration Document

6

FINANCIAL STATEMENTS Consolidated financial statements

6.1.6

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

Financial statements for the years ended 31 January 2020 and 31 January 2019. The consolidated financial statements were approved by the Board of directors on 27 March 2020. Unless otherwise indicated, all amounts stated hereafter are in million of euros, rounded to one decimal place.

Therefore, the sum of rounded amounts may present immaterial differences with the total shown. Some amounts as at 31 January 2019 have been reclassified to be comparable with the presentation adopted as at 31 January 2020.

TABLE OF CONTENTS

NOTE 1

PRESENTATION OF THE GROUP AND ITS CONSOLIDATED FINANCIAL STATEMENTS 131

NOTE 9

CASH FLOW DETAILS

160

HEADCOUNT AND EMPLOYEE BENEFITS NOTE 10

161

NOTE 2

ACCOUNTING PRINCIPLES

132

NOTE 11

OTHER PROVISIONS, CONTINGENT LIABILITIES AND OTHER NON-CURRENT DEBTS

NOTE 3

SCOPE AND PRINCIPLES OF

CONSOLIDATION

134

167

NOTE 4

INTANGIBLE ASSETS, TANGIBLE ASSETS AND NON-CURRENT FINANCIAL ASSETS 140

FINANCIAL INSTRUMENTS, FINANCIAL NOTE 12 DEBTS AND RISK MANAGEMENT

168

NOTE 5

ASSETS HELD FOR SALE

147

TAX POSITION NOTE 13

185

NOTE 6

OPERATING DATA

148

SHAREHOLDERS’ EQUITY AND EARNINGS NOTE 14 PER SHARE

187

NOTE 7

SEGMENT INFORMATION

156

POST-CLOSING EVENTS NOTE 15

189

NOTE 8

ASSETS RIGHT-OF-USE AND LEASE

OBLIGATIONS

158

FEES PAID TO THE STATUTORY AUDITORS NOTE 16 AND MEMBERS OF THEIR NETWORKS

189

130

UNIVERSAL REGISTRATION DOCUMENT 2019