Sopra Steria - 2019 Universal registration document

6 2019 PARENT COMPANY FINANCIAL STATEMENTS Notes to the balance sheet

Buildings

25 years

Fixtures and fittings:

9 years

Hardware and equipment

3 to 5 years

Vehicles

5 years

Office furniture and equipment

5 to 10 years

NON-CURRENT FINANCIAL ASSETS 5.1.3.

Gross value (beginning of period)

Acquisitions/ Increases

Disposals/ Decreases

Gross value (end of period)

Note

(in thousands of euros)

Equity interests and long-term investment securities Other financial investments

5.1.3. c

1,319,328

111,202 16,956 128,158

1,585

1,428,944

539,924

18,067 19,653

538,813

TOTAL FIXED ASSETS

1,859,252

1,967,757

Impairment (beginning of period)

Impairment (end of period)

Note

Charges

Reversals

(in thousands of euros)

Equity interests and long-term investment securities Other financial investments

5.1.3. c

9,803 4,472

10

-

9,813 2,167

168 178

2,473 2,473

TOTAL IMPAIRMENT

14,275

11,980

Equity interests are recognised at cost. p At the financial year-end, an impairment loss is recognised whenever the carrying amount exceeds the value in use. p Value in use is equal to enterprise value less net debt. Enterprise value is determined on the basis of discounted future cash flows p derived from one- to five-year business plans drawn up by management.

Breakdown of changes in the gross amounts recognised for equity interests and other financial investments a.

Securities concerned (in thousands of euros)

Operations

Amount

Sopra Banking Software France Sopra Financial Solution Iberia

Recapitalisation Purchase of shares Purchase of FCPI units Purchase of bonds

84,177 27,024 10,000

Other investments

4,470

TOTAL

125,671

The recapitalisation of the Sopra Banking France subsidiary was carried out on 6 June 2019 through the subscription of 8,417,750 new shares. This capital increase was completed through the incorporation of debt.

On 2 August 2019, Sopra Steria Group – the Company acquired 51% of the share capital of Sopra Financial Technology GmbH, the entity tasked by German banking network Sparda’s cooperative banks with the development, maintenance and operation of their shared information system for €22.624 million, as well as 10% of the share capital of COMECO, a remote banking platform connected to the Sparda banks, for €4.400 million. The €1.585 million decrease in financial assets arose from the sale of investments in unconsolidated entities.

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SOPRA STERIA UNIVERSAL REGISTRATION DOCUMENT 2019