Sopra Steria - 2020 Universal registration document

5 2020 CONSOLIDATED FINANCIAL STATEMENTS Notes to the consolidated financial statements

France – is recognised as part of the corporate income tax expense, as is the Imposta Regionale Attività Produttive (IRAP) regional production tax in Italy. The Group operates in many countries with differing tax laws and tax rates. Within each country, tax rates may also vary depending on the tax policies implemented by local governments and can lead to differences between the current and deferred tax rates, as is the case mainly in France. Local weighted average tax rates applicable to

Group companies can therefore vary from year to year depending on the relative level of taxable profit. These movements are reflected in Tax rate differences. This also takes into account the impact of the reduced tax rate in France, which nevertheless represents an

immaterial amount.

In 2020, as in 2019, Other tax essentially consisted of unrecovered withholdings.

Deferred tax assets and liabilities 6.3. Change in net deferred tax 6.3.1.

Change through profit or loss

Change through OCI

Currency translation effect

Scope effect

01/01/2020

Other 31/12/2020

26 5244276: 7/ .<97:

Deferred tax arising from: Intangible assets Property, plant and equipment Non-current financial assets Inventories, services in progress and outstanding invoices

-26.4

4.9

0.0

-0.1

0.6

- - - - - - - - - - - - - - - - -

-21.1

4.1 0.9

-0.4

- -

- -

-0.2 -0.0

3.6 1.1

0.3

-0.4 -0.9

-4.5 -3.0 -0.3 -0.3

-

1.3 0.0

0.0

-3.6 -4.1

Other current assets

-0.0

-0.2 -0.0

Derivatives

0.3 0.7

0.9

- - - -

0.8 0.4 0.5

With impact on the income statement p

-

0.0

With impact on OCI p

-0.4 -0.6 73.1

-

0.9

-0.0

Financial debt

0.2

-

0.0

-0.4 86.7

Retirement benefit obligations

-4.4 -4.4

18.0

1.5 1.5

-1.5

With impact on the income statement p

8.8

0.0

1.4

7.3

With impact on OCI p

64.3

-

18.0

-

-2.9 -0.1 -0.0 -0.2 -0.0 -1.5

79.4

Provisions

1.9 6.8

0.9 1.8

-

-0.0

2.7 4.2

Assets and liabilities related to lease assets

-4.6

0.1

Other current liabilities Tax loss carryforwards

-3.2 42.7 98.1

-1.2

-

-0.4 2.5 4.9

-4.9 48.3

3.2

-0.0

Net deferred tax asset/(liability)

-2.4

14.4

113.4

Deferred tax included in assets held for sale " ( && ( , '' ( (- & $#&( " ( " ' ( Of which: Deferred tax recognised in profit or loss Deferred tax recognised in equity (OCI)

0.0

-

-

-

-

-0.0

-0.0

34.3 63.8 -0.4

-2.4

-4.6 19.0

4.9

1.3

-0.0

33.5 79.9

- -

- -

-2.9 -0.0

- -

Reclassifiable to profit or loss p Not reclassifiable to profit or loss p (retirement benefit obligations)

0.9

0.5

64.3

-

18.0

-

-2.9

-

79.4

6.3.2.

Deferred tax assets not recognised by the Group

31/12/2020

31/12/2019

26 5244276: 7/ .<97:

Tax losses carried forward Temporary differences

41.3

22.2

-

-

(#(

185

SOPRA STERIA UNIVERSAL REGISTRATION DOCUMENT 2020