Sopra Steria - 2018 Registration document

2018 CONSOLIDATED FINANCIAL STATEMENTS Notes to the consolidated financial statements

The applicable exchange rates for the translation of foreign currencies are as follows:

Average rate for the period

Period-end rate

€1/Currency

2018

2017

31/12/2018

31/12/2017

Danish krone

7.4532 9.5975 10.2583 3.1053 11.0812 1.1810 1.5294 1.5926 655.9570 655.9570 1.1550 1.9558 0.8847 4.3085 74.0416 80.7332 7.8081 4.2615

7.4386 9.3270 9.6351 2.7257 10.9562 1.1297 1.4647 1.5588 655.9570 655.9570 0.8767 3.6054 65.9383 73.5324 7.6290 4.2570 1.1117 -

7.4673 9.9483 10.2548 3.4208 10.9449 1.1450 1.5605 1.5591 655.9570 655.9570 1.1269 1.9558 0.8945 4.4440 79.7153 79.7298 7.8751 4.3014

7.4449 9.8403 9.8438 2.9985 11.2234 1.1993 1.5039 1.6024 655.9570 655.9570 0.8872 3.9729 69.3920 76.6055 7.8044 4.1770 1.1702 -

Norwegian krone Swedish krona

Tunisian dinar

Moroccan dirham

US dollar

Canadian dollar Singapore dollar CFA franc (BEAC) CFA franc (BCEAO)

Swiss franc Bulgarian lev Pound sterling Brazilian real Russian ruble Indian rupee Chinese yuan

Polish zloty

c. Translation of foreign currency transactions Transactions denominated in foreign currencies are translated to the functional currency at the exchange rate applying on the transaction date. Foreign exchange gains and losses arising on settlement, as well as those arising from the translation of monetary assets and

liabilities that are denominated in foreign currencies at the end-of- period exchange rate, are recognised in profit or loss under Other current operating income and expenses for transactions hedged against foreign currency risk and under Other financial income and expenses for all other transactions.

NOTE 2 SCOPE OF CONSOLIDATION

Consolidation methods Sopra Steria Group SA is the consolidating company.

Investments in entities over which the Group exerts significant influence (associates) are accounted for under the equity method. Significant influence is deemed to exist, unless clearly demonstrated not to be the case, when a parent company directly or indirectly holds 20% or more of the voting rights of the investee. Intercompany transactions as well as balances and unrealised profits on transactions between Group companies are eliminated. The accounts of all consolidated companies are prepared as at 31 December. Where applicable, those accounts have been restated to ensure the consistency of accounting and measurement rules applied by the Group. The scope of consolidation is presented in Note 17.

The companies over which Sopra Steria Group has exclusive control are fully consolidated. An investor controls an investee where that investor is exposed, or has rights, to variable returns from its involvement with the investee and has the ability to affect those returns through its power over the investee. Consequently, an investor controls an investee if and only if all the following criteria are met: p it is exposed – or has rights – to variable returns from its involvement with the investee; p it has the ability to exercise its power over the investee in such a way as to affect the amount of returns it obtains. p it has power over the investee;

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SOPRA STERIA REGISTRATION DOCUMENT 2018