Sopra Steria - 2018 Registration document

PARENT COMPANY FINANCIAL STATEMENTS Notes to the balance sheet

4.2.4. DEBT ISSUANCE COSTS AND TRANSLATION ADJUSTMENTS – ASSET The Translation adjustments – Asset item amounted to €6.572 million at end-December 2018, compared with €10.332 million at end- 2017. This change relates mainly to the partial repayment (in the amount of £40.000 million) of the loan extended to UK subsidiaries.

Debt issuance costs consisted of costs to negotiate and arrange the bond issue carried out on 12 April 2013 for an initial amount of €1.672 million. These costs are amortised over the term of the debt in proportion to the interest accrued.

2018

2017

(in thousands of euros)

Debt issuance costs

125

368

Translation adjustments – Asset

6,572 6,697

10,332 10,700

TOTAL

4.2.5. IMPAIRMENT OF CURRENT ASSETS

Impairment (beginning of period)

Impairment (end of period)

Charges

Reversals

(in thousands of euros)

Impairment of trade receivables Impairment of current accounts Cash and cash equivalents (1)

529

24

424

129

47

-

- -

47

-

972 996

972

TOTAL

577

424

1,148

(1) Impairment of a premium paid on an interest rate option.

4.3. Equity

4.3.1. STATEMENT OF CHANGES IN EQUITY

Amounts (beginning of period)

Change in regulated provisions

Appropriation of earnings

Impact of mergers

Profit for the year

Amounts (end of period)

(in thousands of euros)

Share capital

20,548 531,477

- -

- - -

- - - - - -

- - - - -

20,548 531,477

Issue, merger and contribution premiums

Legal reserve

2,054

2

2,056

Discretionary reserves Retained earnings Profit for the year Regulated provisions

257,643

92,484

-522

349,605

30

44

- -

74

141,770

-141,770

124,706

124,706

-

-

522

-350

-

172

TOTAL EQUITY

953,522

-49,240

-

-350 124,706 1,028,638

The amount of dividends paid in 2018, in respect of 2017 profit, was €2.40 per share, for a total amount of €49.240 million. Following the merger of Cassiopae Real Estate Paris, the Company set aside a new regulated provision in the amount of €522 thousand, taken from Discretionary reserves. 4.3.2. SHARE CAPITAL At 31 December 2018, Sopra Steria Group had a share capital of €20,547,701. It is represented by 20,547,701 fully paid-up shares with a par value of €1 each. There were no capital transactions during the year under review. In accordance with the decision made at the Combined General Meeting of 27 June 2014 pursuant to Article L. 225-123 of the French Commercial Code arising from the Act of 29 March 2014, dual voting rights were introduced on 7 July 2014 for all fully paid- up shares held in registered form in the same shareholder’s name for at least two years.

At 31 December 2018, the total number of voting rights that could be exercised at Ordinary and Extraordinary General Meetings was 26,147,566, while the total number of theoretical voting rights at that date was 26,198,889. The Company held a total of 51,323 treasury shares at 31 December 2018. Consequently, at the balance sheet date, reserves not available for distribution amounted to €6.639 million. Free share award plans maturing in the financial year had no dilutive effect on capital. 4.3.3. REGULATED PROVISIONS This item, which arose from the merger of Cassiopae Real Estate Paris, consists of accelerated tax depreciation in recognition of a capital cost allowance on licence purchases. A €350 thousand reversal was recognised in the year.

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SOPRA STERIA REGISTRATION DOCUMENT 2018