QUADIENT - 2020 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 2021 and 31 January 2020. The consolidated financial statements were approved by the Board of Directors on 26 March 2021. 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 2020 have been reclassified to be comparable with the presentation adopted as at 31 January 2021.

TABLE OF CONTENTS

NOTE 1

PRESENTATION OF THE GROUP AND ITS CONSOLIDATED FINANCIAL STATEMENTS

174

NOTE 9

CASH FLOW DETAILS

145

HEADCOUNT AND EMPLOYEE BENEFITS NOTE 10

176

NOTE 2

146

ACCOUNTING PRINCIPLES

NOTE 11

OTHER PROVISIONS, CONTINGENT LIABILITIES AND OTHER NON-CURRENT DEBTS

181

NOTE 3

SCOPE AND PRINCIPLES OF CONSOLIDATION

147

FINANCIAL INSTRUMENTS, FINANCIAL NOTE 12 DEBTS AND RISK MANAGEMENT

NOTE 4

INTANGIBLE ASSETS, TANGIBLE ASSETS AND NON-CURRENT FINANCIAL ASSETS 154

183

199

TAX POSITION NOTE 13

NOTE 5

ASSETS HELD FOR SALE

161

SHAREHOLDERS’ EQUITY AND EARNINGS NOTE 14 PER SHARE

161

NOTE 6

OPERATING DATA

201

NOTE 7

SEGMENT INFORMATION

170

203

POST-CLOSING EVENTS NOTE 15

NOTE 8

ASSETS RIGHT-OF-USE AND LEASE OBLIGATIONS

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

173

204

144

UNIVERSAL REGISTRATION DOCUMENT 2020