Sopra Steria - 2020 Universal registration document

5 2020 CONSOLIDATED FINANCIAL STATEMENTS Notes to the consolidated financial statements

Change in net liabilities arising from the main post-employment benefit plans in financial year 2020 a.

Defined- benefit pension funds – United Kingdom

Defined- benefit pension funds – Germany

Retirement bonuses – France

Other

Total

26 5244276: 7/ .<97:

Calculation assumptions for actuarial liabilities

0.11% to 0.44%

0.13% to 0.34%

0.13% to 10.30%

Discount rate Inflation rate

1.41% 2.09%

NA

N/A

N/A

2.00% to 2.50%

2.00% to 2.50% 60 to 65

3.00% to 10.00%

Rate of salary increase

2.89%

Retirement age

65

65

Varies

Amounts recognised in the balance sheet Present value of the obligation at 31/12/2020

1,851.3 1,703.9

164.9

68.2

13.5

2,097.9 1,717.8

Fair value of plan assets at 31/12/2020

1.8

2.9

9.2 4.3

Net liabilities on the balance sheet at 31/12/2020

147.5

163.1

65.3

380.1

Net liability cost components Current service cost

4.2

10.1

0.5

0.3

15.0

Past service cost

- -

- -

- -

- -

- -

Losses/(gains) on plan settlements

Interest on obligation Interest on plan assets

34.6 -32.2

1.3

0.5

0.1

36.5 -32.3

-0.0

-0.0

-0.0

Total expenses recognised in the income statement

6.6

11.3 11.3

0.9 4.3

0.3 0.5

19.2 58.3

Effect of net liability remeasurements

42.1

Return on plan assets (excluding amounts included p in interest income)

-168.3

0.0 0.4 0.5

-

-0.2

-168.5

Experience adjustments p

-5.1 -2.9

-0.9

0.5

-5.0 -2.6

Impact of changes in demographic assumptions p Impact of changes in financial assumptions p Total expenses recognised directly in equity

-

-0.1 0.4 0.5

218.5

10.4 11.3

5.2 4.3

234.5

42.1

58.3

Changes in net liabilities Net liability at 1 January 2020

135.7

138.0

62.1

3.9

339.7

Changes in scope

-

5.8

-

-

5.8

Net expense recognised in the income statement

6.6

11.3 11.3 -3.4 -3.4

0.9 4.3

0.3 0.5

19.2 58.3 -35.5 -35.5

Net expense recognised in equity

42.1 -29.5 -29.5

Contributions

-2.0 -2.0

-0.5 -0.5

Employer contributions p Employee contributions p

-

- - -

- - -

-

-

Exchange differences Other movements

-7.5

-0.0 -0.0

-7.5 -0.0

-

" ( (- ( C ! &

177

SOPRA STERIA UNIVERSAL REGISTRATION DOCUMENT 2020