Sopra Steria - 2019 Universal registration document

5 2019 CONSOLIDATED FINANCIAL STATEMENTS Notes to the consolidated financial statements

Other current liabilities 7.5.

31/12/2019

31/12/2018

(in millions of euros)

Liabilities on fixed assets – Portion due in less than one year Advances and payments on account received for orders

3.0 5.5

0.7 3.8

Employee-related liabilities

443.8 239.2 143.6 296.6

420.2 228.7 115.9 256.1

Tax-related liabilities Corporate income tax

Customer contract liabilities

Other liabilities

88.9

30.4

Derivatives

0.3

0.5

TOTAL

1,220.9

1,056.2

Customer contract liabilities are described in Note 4.1. Changes arose in part from the transformation of former liabilities into revenue, and in part from the appearance of new liabilities due to services that have been invoiced but not yet performed. The majority of these liabilities existing at 31 December 2018 were converted into revenue during the 2019 financial year.

Other liabilities include in particular the Group’s commitment to buy back its own shares to be used in connection with its free performance share plans for €16.9 million. They also include the liability related to the put option granted to minority shareholders in SAB for their shares (see Note 2.1), which comprise the 30% stake not yet held by the Group. This option is only exercisable during financial year 2020. It amounted to €42.0 million at 31 December 2019.

PROPERTY, PLANT AND EQUIPMENT AND INTANGIBLE ASSETS NOTE 8

Goodwill 8.1.

8.1.1.

Statement of changes in goodwill

MOVEMENTS WERE AS FOLLOWS: ❙

Gross value

Impairment

Carrying amount

(in millions of euros)

31 december 2017

1,669.9

79.3

1,590.6

Acquisitions Bluecarat p O.R. System p IT Economics p

11.6

- - - - - -

11.6

2.3

2.3

27.9 90.5 -7.9

27.9 90.5 -7.9

Apak p

Adjustments for business combinations

Impairment

-

-

Translation adjustments

-6.7

-0.2

-6.4

31 december 2018

1,787.6

79.1

1,708.5

Acquisitions SAB p

59.9

- - - - - -

59.9

Sopra Financial Technology GmbH p

5.5 3.7 1.5

5.5 3.7 1.5

Neosphere p

Adjustments for business combinations Removal from the scope of consolidation

-1.4

-1.4

Impairment

-

-

Translation adjustments 31 DECEMBER 2019

37.6

1.4

36.2

1,894.4

80.5

1,813.9

185

SOPRA STERIA UNIVERSAL REGISTRATION DOCUMENT 2019