Sopra Steria - 2019 Universal registration document

6 2019 PARENT COMPANY FINANCIAL STATEMENTS Notes to the balance sheet

TAX AND SOCIAL SECURITY PAYABLES 5.5.4.

2019

2018

(in thousands of euros)

Staff costs and related accounts

97,581 108,746

93,935 110,774

Social security

State and local authorities Corporate income tax p

-

-

Value-added tax p

95,849 12,228

97,633

Other tax p

5,389

TOTAL

314,404

307,731

The €6.839 million increase in the Other tax item mainly related to withholding tax on salaries. In 2018, this payable was included in salaries payable, recognised within the Staff costs and related accounts item.

OTHER LIABILITIES, ACCRUALS AND DEFERRED INCOME 5.5.5.

2019

2018

(in thousands of euros)

Payables on fixed assets and related accounts

10,268 237,289 29,896 89,089 366,543

485

Group and associates

202,726 34,411 74,393 312,015

Other liabilities Deferred income

TOTAL

Deferred income comprises the portion of interim billings issued in advance on fixed-price and maintenance contracts. At 31 December 2019, Liabilities on fixed assets included: liabilities on acquisitions of property, plant and equipment for p €0.918 million;

liabilities on acquisitions of non-current financial assets for p €9.350 million. These concerned investments in FCPI funds and will be recognised upon each call for subscription.

ACCRUED EXPENSES 5.5.6.

31/12/2019

31/12/2018

(in thousands of euros)

Accrued expenses Accrued interest on financial debt Trade payables and related accounts

3,612

4,967

75,245 18,653 150,331 247,840

72,434 16,636 129,346 223,383

Trade receivables – Credit notes to be issued

Tax and social security payables

TOTAL

The €20.985 million increase in Tax and social security payables was mainly related to the increase in employee-related provisions.

TRANSLATION ADJUSTMENTS – LIABILITY 5.5.7.

2019 5,985 5,985

2018 9,597 9,597

(in thousands of euros)

Foreign currency translation gains

TOTAL

Translation adjustments – Liability mainly relates to unrealised translation differences on the foreign currency portion of the syndicated loan.

245

SOPRA STERIA UNIVERSAL REGISTRATION DOCUMENT 2019