Sopra Steria - 2020 Universal registration document

5 2020 CONSOLIDATED FINANCIAL STATEMENTS Notes to the consolidated financial statements

6.3.3.

Change in tax loss carryforwards

United Kingdom Scandinavia

Other countries

France

Spain

Total

26 5244276: 7/ .<97:

31 December 2019

207.4 28.0 85.0 -83.8

5.2

12.9

7.6

22.1

255.2

Changes in scope

-

-

-

-

28.0

Created

0.0

0.6

0.8

20.8 -1.6

107.2 -85.4

Used

- -

- -

- - -

Expired

- -

-

-

Translation adjustments

-0.3

1.0

-2.2

-1.5 57.5

Other movements C ! &

34.3 170.1

-

22.6

-0.5

1.0

186.1

Deferred tax basis – Activated

-0.0

0.3

4.4

11.3

Deferred tax basis – Non-activated

100.8

5.0

36.9

3.5 1.1 0.9

28.8

174.9

Deferred tax – Activated Deferred tax – Non-activated

43.9 26.0

-

0.1 8.0

3.3 6.4

48.3 41.3

0.0

In France, a portion of the non-activated tax losses – €13.0 million in deferred taxes (based on a tax rate of 25.83%) – consisted of the tax loss carryforwards prior to 1 January 2014 originating from Steria. The authorities’ decision to disallow their transfer to Sopra Steria is being challenged through litigation.

In Scandinavia, the tax loss carryforwards of the companies established in Sweden and Denmark did not lead to the recognition of any deferred tax assets. Lastly, in “Other countries”, tax losses for small companies located in Brazil, Spain, Austria and several African countries were not activated.

COMPONENTS OF THE WORKING CAPITAL REQUIREMENT NOTE 7 AND OTHER FINANCIAL ASSETS AND LIABILITIES

These items include non-current financial assets, trade receivables and related accounts, other current assets, other non-current liabilities, trade payables and other current liabilities.

Other non-current financial assets 7.1.

31/12/2020

31/12/2019

26 5244276: 7/ .<97:

Non-consolidated securities Other loans and receivables

19.4 54.2

19.8 36.4

Derivatives

0.3

2.2

(#(

186

SOPRA STERIA UNIVERSAL REGISTRATION DOCUMENT 2020