SOPRA_STERIA_REGISTRATION_DOCUMENT_2017
2017 CONSOLIDATED FINANCIAL STATEMENTS Notes to the consolidated financial statements
4.2. Other operating income and expenses included in Operating profit Aside from the staff costs split out in Note 5, Operating profit mainly includes the following items: 4.2.1. External expenses and purchases included in Operating profit on business activity
2017
2016
(in millions of euros)
52.2% 1.7% 5.0% 8.1% 5.6% 1.4% 5.8% 2.2% 9.7% 2.5% 5.9% 100%
49.8% 2.0% 6.3% 9.2% 6.2% 1.7% 5.5% 1.4% 9.3% 3.1% 5.5% 100%
Project subcontracting purchases
-597.5
-556.8
Purchases held in inventory of equipment and supplies
-19.0 -57.1 -92.3 -64.3 -16.3 -66.4 -24.6
-22.0 -70.4
Goods purchases and changes in inventory
Leases and charges
-103.0
Maintenance and repairs
-68.8 -19.0 -61.1 -15.7
Subcontracting
Remuneration of intermediaries and fees
Advertising and public relations
Travel and entertainment
-110.7
-104.1
Telecommunications
-28.8 -67.1
-35.0 -62.0
Other expenses
TOTAL
-1,144.1
-1,118.0
4.2.2. Other current operating income and expenses included in Operating profit on business activity Other current operating income and expense totalling €12.5 million (€16.5 million in 2016) mainly included net foreign exchange gains of €8.0 million (€6.6 million in 2016), which covers the foreign exchange impact of other components of Operating profit on business activity . It also includes reversals of provisions used of €1.6 million (€3.8 million in 2016) and rental income from sublet premises of €0.9 million (€4.7 million in 2016).
4.2.3. Other operating income and expenses included in Operating profit
2017
2016
(in millions of euros)
Expenses arising from business combinations (fees, commissions, etc.)
-1.3
-1.3
Net restructuring and reorganisation costs
-23.0
-22.9
p of which integration and reorganisation of activities
-1.5
-5.2
p of which separation costs Other operating expenses
-21.5
-17.7
-4.8
-4.3
Total other operating expenses
-29.1
-28.4
Other operating income
4.0 4.0
0.8 0.8
Total other operating income
TOTAL
-25.1
-27.6
In 2017, the Group continued to work on restructuring and reorganising its activities. Costs arising from resource adjustments were mainly incurred in France (€5.3 million for the IT Infrastructure Management business), in the United Kingdom (€4.5 million) and in the Other Europe segment (€6.4 million, including €4.3 million in Germany, €0.7 million in Sweden and €0.6 million in Spain). The solutions businesses were also concerned, with €2.7 million of these expenses for Sopra Banking Software and €2.3 million for Sopra HR Software. Costs arising from business reorganisations declined, as the reorganisation of IT platforms is almost complete. They were limited to expenses relating to the reorganisation of premises, in particular premises remaining vacant. They also included income of €1.1 million arising from the sale of buildings in India, previously recognised under Non-current assets classified as held for sale (see Note 8.4).
Other operating expenses chiefly consisted of non-recurring impairment losses on application assets that had become obsolete in the new business organisation and a non-recurring provision for client risk in the United Kingdom. Other operating income consisted primarily of the capital gains realised on the sale of the stake in Diamis (see Note 2.2). In 2016, net restructuring and reorganisation costs consisted of costs arising from resource adjustments, incurred in France (€3.9 million for the IT Infrastructure Management business), in the United Kingdom (€3.2 million) and in the Other Europe segment (including €3.8 million in Germany and €2.9 million in Spain). Costs arising from business reorganisations amounted to €5.2 million, mainly relating to the reorganisation of IT platforms in France and for the Other Solutions segment. Lastly, other operating expenses chiefly consisted of non- recurring impairment losses on application assets that had become obsolete in the new business organisation.
144
SOPRA STERIA REGISTRATION DOCUMENT 2017
Made with FlippingBook - Online catalogs