Sopra Steria - 2019 Universal registration document

5 2019 CONSOLIDATED FINANCIAL STATEMENTS Notes to the consolidated financial statements

The applicable exchange rates for the translation of the main foreign currencies used within the Group are as follows:

Average rate for the period

Period-end rate

€1/Currency Danish krone

Financial year 2019 Financial year 2018

31/12/2019 7,4715 9,8638 10,4468 3,1143 10,7311 1,1234 1,4598 1,5111 655,9570 655,9570 1,0854 1,9558 0,8508 4,5157 69,9563 80,1870 7,8205 4,2568 1,697,0740


7,4661 9,8511 10,5891 3,2801 10,7649 1,1195 1,4855 1,5273 655,9570 655,9570 1,1124 1,9558 0,8778 4,4134 72,4553 78,8361 7,7355 4,2976 1,690,7353

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 NA

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 NA

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 Lebanese pound

Brazilian real Russian ruble Indian rupee Chinese yuan Polish zloty

Translation of foreign currency transactions c.

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

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

income and expenses for all other transactions.


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 18.

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: it has power over the investee; p it is exposed – or has rights – to variable returns from its p involvement with the investee; it has the ability to exercise its power over the investee in such a p way as to affect the amount of returns it obtains.



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