SOPRA_STERIA_REGISTRATION_DOCUMENT_2017

2017 CONSOLIDATED FINANCIAL STATEMENTS Notes to the consolidated financial statements

a. Change in net liabilities arising from the main post-employment benefit obligations in 2017

Defined- benefit pension funds – United Kingdom

Defined- benefit pension funds – Germany

Lump-sum retirement benefits – France

Other

Total

(in millions of euros)

CALCULATION ASSUMPTIONS FOR ACTUARIAL LIABILITIES

1.02% to 1.53%

0.70% to 2.60%

2.55% 1.77% 2.11% 0.20%

Discount rate Inflation rate

N/A

N/A

3.11% 2% to 2.5% 2% to 2.50% 2% to 2.70%

Rate of salary increase

Age at retirement

variable

65 yrs 60 to 65 yrs

variable

AMOUNTS RECOGNISED IN THE BALANCE SHEET Present value of the obligation at 31/12/2017

1,685.7 1,484.1

114.1

42.2

18.2 15.3

1,860.3 1,501.4

Fair value of plan assets at 31/12/2017

2.0

-

Net liabilities on the balance sheet at 31/12/2017

201.6

112.0

42.2

3.0

358.9

NET LIABILITY COST COMPONENTS Current service cost

5.0

8.2

0.2

0.4

13.8

Past service cost

- -

- -

- -

- -

- -

Losses (gains) on plan settlements

Interest on obligation Interest on plan assets

45.3 -37.9 12.4 -70.9

1.9

0.6

0.2

48.1 -38.2 23.7 -74.9

-

-

-0.2 0.4 -0.6

Total expenses recognised in the income statement

10.0 -3.2

0.8 -0.2

Effect of net liability remeasurements

p of which return on plan assets (excluding amounts included in interest income)

-108.4

-

-

0.6

-107.8

p of which experience adjustments

8.5

-1.2 -1.7 -0.2 -3.2

-0.6

-1.2

5.4

p of which impact of changes in demographic assumptions p of which impact of changes in financial assumptions

-3.5 32.5

-

0.3

-4.9 32.5

0.4

-0.2 -0.6

Total expenses recognised directly in equity

-70.9

-0.2

-74.9

CHANGES IN NET LIABILITIES Net liability at 1 January 2017

295.2

104.7

42.8

3.5

446.3

Changes in scope

-

2.3

-

-

2.3

10.0 -3.2 -1.7 -1.7

Net expense recognised in the income statement

12.4 -70.9 -25.8 -25.8

0.8

0.4

23.7 -74.9 -29.3 -29.3

Net expense recognised in equity

-0.2 -1.3 -1.3

-0.6 -0.5 -0.5

Contributions

p of which employer contributions p of which employee contributions

-

- - -

- - -

- -

-

Exchange differences Other movements

-9.3

-9.3

-

0.1 3.0

0.1

NET LIABILITY AT 31 DECEMBER 2017

201.6

112.0

42.2

358.9

147

SOPRA STERIA REGISTRATION DOCUMENT 2017