SOPRA_STERIA_REGISTRATION_DOCUMENT_2017

2017 CONSOLIDATED FINANCIAL STATEMENTS Notes to the consolidated financial statements

For reference, in 2016 net liabilities arising from the main post-employment benefit obligations changed as follows:

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

1.04% to 2.03%

0.50% to 2.60%

2.68% 1.74% 2.19% 0.20%

Discount rate Inflation rate

N/A

N/A

3.19% 2% to 2.50% 2% to 2.50% 2% to 3.00%

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 31/12/2016

1,758.4 1,463.2

106.9

42.8

20.5 17.0

1,928.7 1,482.4

Fair value of plan assets at 31/12/2016

2.2

-

Net liabilities on the balance sheet at 31/12/2016

295.2

104.7

42.8

3.5

446.3

NET LIABILITY COST COMPONENTS Current service cost

4.2

7.1

0.2

0.3

11.8 -0.8

Past service cost

-0.8

- -

- -

- -

Losses (gains) on plan settlements

-

-

Interest on obligation Interest on plan assets

54.9 -50.1

2.2

0.8

0.4

58.2 -50.5 18.7 199.0

-0.1 9.2

-

-0.3 0.4

Total expenses recognised in the income statement

8.2

1.0 2.9

Effect of net liability remeasurements

188.5

6.8

0.7

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

-212.2

-

-

-0.4 -0.2 0.2 1.2 0.7

-212.6

p of which experience adjustments

-16.1

-3.0 0.4 9.3 6.8

0.5

-18.8

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

-1.1

-

-0.5

417.9 188.5

2.4 2.9

430.9 199.0

Total expenses recognised directly in equity

CHANGES IN NET LIABILITIES Net liability at 31 December 2015

151.9

87.7

40.1

2.9

282.6

Changes in scope

-

2.5 9.2 6.8

-

-

2.5

Net expense recognised in the income statement

8.2

1.0 2.9

0.4 0.7

18.7

Net expense recognised in equity

188.5 -24.3 -24.3

199.0 -27.5 -27.5

Contributions

-1.5 -1.5

-1.2 -1.2

-0.5 -0.5

p of which employer contributions p of which employee contributions

-

- - -

- - -

- - -

-

Exchange differences Other movements

-29.1

-29.1

-

-

NET LIABILITY AT 31 DECEMBER 2016

295.2

104.7

42.8

3.5

446.3

148

SOPRA STERIA REGISTRATION DOCUMENT 2017