Sopra Steria - 2020 Universal registration document

6 2020 PARENT COMPANY FINANCIAL STATEMENTS Notes to the balance sheet

Other assets 5.2.

#+ #)$' ( # ,$' # %'$ ' ((

Inventories .6- 7/ 8.927-

Inventories +.0266260 7/ 8.927-

Increase

Decrease

26 ;17<:*6-: 7/ .<97:

Consumables

47

- -

26

21

Work in progress

3,40

770

3,065

(#(

5.2.1. Inventories and work in progress Work in progress recognises all costs incurred during the transition or transformation phases of third-party application maintenance, infrastructure management and outsourcing contracts, as well as preparatory phases for SaaS licences. Costs incurred in the startup phase of a contract may be deferred over the term of the contract and recognised in the balance sheet as p work in progress when they relate to future activities of the contract and provided that they are probable and generate future economic benefits. Work in progress is recognised at its direct production cost and does not include administrative or commercial costs. p

)' ' + ! (

2020

2019

26 ;17<:*6-: 7/ .<97:

Non-Group clients and related accounts

216,321 96,940 18,700

292,304 95,271 25,125

Accrued income

Group clients (including accrued income)

Doubtful debtors

250

331

Provision for doubtful debtors

-217

-284

(#(

Trade receivables and related accounts are recognised as assets and are stated at their carrying amount. Accrued income is essentially comprised of production recognised for fixed-price projects using the percentage-of-completion method. Invoices are generally prepared for these contracts upon completion of the services rendered, which are covered over the lifespan of the projects through payments on account. Trade receivables amounted to €331.994 million in 2020, compared with €412.745 million in 2019. This change reflected an improvement in receipts toward the end of the year and a lower level of unbilled revenue from work in progress due to the decline in business activity. Trade receivables are measured at their nominal value. p A separate estimate is made for trade receivables at the end of the financial year and an impairment loss is recognised in the event of a p risk of non-recovery, particularly when linked to collective proceedings. Doubtful debts for which legal proceedings have not been instigated are treated as accrued credit notes.

$) ' ' + ! ( %' % ." #)( # '* # $"

2020

2019

26 ;17<:*6-: 7/ .<97:

Staff costs and related accounts

72

117 814

Social security

731

State and local authorities Corporate income tax p

4,344

7,235

Value-added tax p

19,740 107,266 278,640

21,491 71,647 184,637

Other tax p

Group and associates

Impairment of current accounts

-47

-47

Other receivables Prepaid expenses

43,823 15,271

10,425 13,969

(#(

244

SOPRA STERIA UNIVERSAL REGISTRATION DOCUMENT 2020