Sopra Steria - 2018 Registration document

PARENT COMPANY FINANCIAL STATEMENTS Notes to the balance sheet

4.1.3. FINANCIAL INVESTMENTS

Gross value (beginning of period)

Gross value (end of period)

Changes in scope

Acquisitions/ Increases

Disposals/ Decreases

Note

(in thousands of euros)

Equity interests and long-term investment securities

1,346,142

-29,187

2,553

180 1,319,328

6.11

Other financial investments TOTAL FIXED ASSETS

581,088

33

43,345 45,898

84,542

539,924

1,927,230

-29,154

84,722 1,859,252

Impairment (beginning of period)

Impairment (end of period)

Changes in scope

Note

Charges

Reversals

(in thousands of euros)

Equity interests and long-term investment securities

5,860

- - -

3,943 4,472 8,415

- - -

9,803 4,472

6.11

Other financial investments TOTAL IMPAIRMENT

-

5,860

14,275

a. Breakdown of changes in the gross amounts recognised for equity interests and related receivables Increases:

Securities concerned (in thousands of euros)

Transaction

Amount

CS Communication & Systèmes

Purchase of shares Purchase of shares

1,053 1,500 1,050 3,603

Other financial investments

Loan

TOTAL

The €180 thousand decrease is a result of reimbursement of the Company’s shareholding in Ecomouv SAS after this company was wound up.

b. Other financial investments At the balance sheet date, this item mainly comprised: p loans to UK subsidiaries for £40.000 million; p liquidity agreement (shares and cash) for €2.107 million; p treasury shares for €2.540 million (net of impairment); p merger loss on financial assets for €481.747 million; p receivables relating to equity investments for €2.470 million.

During the year, this item reflected the impact of the £40.000 million partial repayment of the outstanding balance of loans to UK subsidiaries and of the We Share 2018 plan, for which the following movements were recorded: p repurchase of 212,120 treasury shares in the market, for a total value of €34.625 million; p sale of 106,071 shares subscribed for by employees, for a total value of €17.441 million; p matching employer contribution represented by 106,049 free shares, for a total value of €17.311 million.

c. Impairment of equity interests and other financial investments In accordance with CRC Regulation 2002-10, issued by the Comité de la Réglementation Comptable (the French accounting regulation committee), on the depreciation, amortisation and impairment of fixed assets, the following changes in impairment charges were recognised in financial year 2018:

Impairment (beginning of period)

Impairment (end of period)

Charges

Reversals

(in thousands of euros)

Steria Medshore (Morocco) Sopra Steria A/S (Denmark) CS Communication & Systèmes

1,006 3,135 1,717

12

- - - - -

1,018 3,135 5,649 4,474

-

3,932 4,472 8,415

Other

2

TOTAL

5,860

14,275

Impairment losses were recognised on CS Communication & Systèmes shares and on treasury shares held by the Company due to the loss in the market value of those shares.

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SOPRA STERIA REGISTRATION DOCUMENT 2018