QUADIENT // 2021 Universal Registration Document

6

FINANCIAL STATEMENTS Consolidated financial statements

6.1.6

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

The consolidated financial statements for the year ended 31 January 2022 were approved by the Board of directors on 25 March 2022. Unless otherwise indicated, all amounts stated hereafter are in million euros, rounded to one decimal place.

Therefore, the sum of rounded amounts may present immaterial differences with the total shown. Some amounts as of 31 January 2021 have been reclassified to be comparable with the presentation adopted as of 31 January 2022.

TABLE OF CONTENTS

NOTE 1

PRESENTATION OF THE GROUP AND ITS CONSOLIDATED FINANCIAL STATEMENTS

NOTE 8

189

CASH FLOW DETAILS

161

NOTE 9

HEADCOUNT AND EMPLOYEE BENEFITS

191

NOTE 2

162

ACCOUNTING PRINCIPLES

PROVISIONS AND CONTINGENT NOTE 10 LIABILITIES

196

NOTE 3

SCOPE AND PRINCIPLES OF CONSOLIDATION

163

NOTE 11

FINANCIAL INSTRUMENTS, FINANCIAL DEBTS AND RISK MANAGEMENT

197

NOTE 4

INTANGIBLE ASSETS, TANGIBLE ASSETS AND NON-CURRENT FINANCIAL ASSETS 170

214

TAX POSITION NOTE 12

NOTE 5

177

OPERATING DATA

SHAREHOLDERS’ EQUITY AND EARNINGS NOTE 13 PER SHARE

216

NOTE 6

185

SEGMENT INFORMATION

218

POST-CLOSING EVENTS NOTE 14

ASSETS RIGHT-OF-USE AND LEASE OBLIGATIONS

NOTE 7

188

FEES PAID TO THE STATUTORY AUDITORS NOTE 15 AND MEMBERS OF THEIR NETWORKS

218

160

UNIVERSAL REGISTRATION DOCUMENT 2021