Sopra Steria - 2018 Registration document

2018 CONSOLIDATED FINANCIAL STATEMENTS Notes to the consolidated financial statements

NOTE 15 OFF BALANCE SHEET COMMITMENTS

15.1.Contractual obligations Contractual obligations consist of operating leases with the following face values and maturities:

Payments due by period

Less than one year

One to five years

More than five years

31/12/2018 31/12/2017

Contractual obligations (in millions of euros)

Leases of immovable property Leases of movable property

74.8

196.0

71.1

342.0

338.5

8.1

14.8

0.1

22.9

25.3

TOTAL

82.9

210.9

71.2

364.9

363.8

15.2.Commitments given related to current operations

31/12/2018

31/12/2017

(in millions of euros)

Bank guarantees for project completion

43.8

59.0

Parent company guarantee of commitments entered into by subsidiaries

-

-

Other guarantees

6.9

11.6 70.6

TOTAL

50.6

Under the IT service contracts it enters into with its clients, the Group may, if formally requested by its clients, provide bank guarantees in respect of the performance of obligations undertaken in these

contracts. The amount of these guarantees was €43.8 million at 31 December 2018 (€59.0 million at 31 December 2017). To date, no use has ever been made of any such guarantee.

15.3.Commitments received

31/12/2018

31/12/2017

(in millions of euros)

Unused credit lines

950.0 151.4

900.0 157.5

Unused current bank overdrafts

TOTAL

1,101.4

1,057.5

As part of a cash pooling arrangement set up in 2012 between the entities of the Group and BMG (Bank Mendes Gans), Sopra Steria Group acts as guarantor for the amounts borrowed by its subsidiaries.

NOTE 16 SUBSEQUENT EVENTS

At the General Meeting of Shareholders scheduled for Wednesday, 12 June 2019, Sopra Steria will propose the distribution of a dividend of €1.85 per share (€2.40 per share in respect of financial year 2017). The ex-dividend date will be 2 July 2019, and the dividend will be payable as from 4 July 2019. In addition, on 10 April 2019, Sopra Steria announced its plans to acquire SAB, one of France’s leading core banking developers, to reinforce Sopra Banking Software’s position in France.

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SOPRA STERIA REGISTRATION DOCUMENT 2018

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