Sopra Steria - 2020 Universal registration document

5 2020 CONSOLIDATED FINANCIAL STATEMENTS Notes to the consolidated financial statements

Changes in scope essentially reflected the acquisition of Sodifrance in France. For reference, net liabilities arising from the main post-employment benefit plans changed as follows in financial year 2019:

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

0.08% to 1.09%

0.08% to 0.87%

0.40% to 6.35%

Discount rate Inflation rate

2.07% 2.02%

0.20%

N/A

N/A

2.00% to 2.50% 2% to 2.50% 3% to 7%

Rate of salary increase

2.92%

Retirement age

65

65

60 to 65

Varies

Amounts recognised in the balance sheet Present value of the obligation at 31/12/2019 Fair value of plan assets at 31/12/2019 Net liabilities on the balance sheet at 31/12/2019

1,779.2 1,643.5

139.9

64.6

14.2 10.3

1,997.9 1,658.2

1.9

2.5

135.7

138.0

62.1

3.9

339.7

Net liability cost components Current service cost

4.0

8.9 0.0

0.2 1.5

0.9

14.0

Past service cost

- -

- -

1.5

Losses/(gains) on plan settlements

-

-

-

Interest on obligation Interest on plan assets

44.2 -40.3

2.2

0.7

0.1

47.3 -40.4

-0.0

-

-0.1

Total expenses recognised in the income statement

7.9 1.6

11.1

2.5 4.0

0.9 0.2

22.4 14.5

Effect of net liability remeasurements

8.7

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

-143.6 -14.2 -22.5 181.9

-0.0 -2.0 -5.2 15.9

-

-0.3 0.0 0.1 0.5 0.2

-143.9 -16.7 -27.6 202.7

Experience adjustments p

-0.5

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

-

4.5 4.0

1.6

8.7

14.5

Changes in net liabilities Net liability at 1 January 2019

147.5

115.3

41.3 15.9

4.2

308.3 20.9 22.4 14.5 -32.7 -32.7

Changes in scope

-

5.0

-

Net expense recognised in the income statement

7.9 1.6

11.1

2.5 4.0

0.9 0.2

Net expense recognised in equity

8.7

Contributions

-28.3 -28.3

-2.0 -2.0

-1.6 -1.6

-0.7 -0.7

Employer contributions p Employee contributions p

-

- -

- - -

-

-

Exchange differences Other movements

7.0

0.0

7.0

-

0.0

-0.7

-0.7

" ( (- ( C ! &

178

SOPRA STERIA UNIVERSAL REGISTRATION DOCUMENT 2020

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