QUADIENT - 2019 Universal Registration Document
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FINANCIAL STATEMENTS Neopost S.A. statements of financial position
FINANCIAL ASSETS NOTE 4
Financial assets are valued at their acquisition cost (purchase price plus related expenses) or at their contribution value. The valuation of investment in affiliates is reviewed each year. An impairment test is carried out at least once a year through the projectionof future cash flows. These cash flows are based on revenue and operating income growth assumptions over five years. The
discounting rate is the weighted average cost of capital after tax to which a specific risk premium might be added. Impairment isrecorded when the asset's recoverable amount is lower than its carrying amount. This category includes the deposit account opened at Exane BNP Paribas for the liquidity contract, which has investments in money market funds.
31 January 2020
31 January 2019
Investments – Gross value Mail Finance
8.6
8.6
Mailroom Holding BV
26.0
26.0
Mailroom Holding Inc.
246.2
246.2
Neopost AG
12.5
12.5
Neopost Asia-Pacific (Holding) Pte Ltd
2.9
2.9
Neopost Canada Ltd
9.3
9.3
Neopost Denmark A/S
16.1
16.1
Neopost Finance Ireland Ltd
15.0
15.0
Neopost Finance Finland Oy
0.0
0.0
Neopost Finland Oy
2.9
2.9
Neopost France
194.9
194.9
Neopost GmbH & Co. KG
43.3
43.3
Neopost Holdings Ltd
77.9
77.9
Neopost Holdings Pty Ltd
43.2
43.2
Neopost Industrie
0.0
0.0
Neopost Ireland Ltd
1.0
1.0
Quadient Japan
3.1
3.1
Neopost Mailing Logistic Systems
0.0
0.0
Neopost Norge AS
4.5
4.5
Neopost Nv
0.5
0.5
Neopost SDS Ltd
4.6
4.6
Neopost Services
2.5
2.5
Neopost Shipping Holding Pty Ltd
20.5
20.5
Neopost Shipping
7.2
7.2
Neopost Srl
1.3
1.3
Neopost Sverige AB
12.0
11.0
Quadient Technologies Holdings UK Ltd
33.7
33.7
Neopost Verwaltung GmbH
3.3
3.3
Neotouch Cloud Solutions Dac
0.0
0.0
Quadient Group AG
132.3
132.3
Rena GmbH
6.3
6.3
Packcity SAS
1.3
1.3
AMS Investissement
0.1
0.1
Docapost BPO IS
2.4
2.4
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UNIVERSAL REGISTRATION DOCUMENT 2019
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