Sopra Steria - 2020 Universal registration document

6 2020 PARENT COMPANY FINANCIAL STATEMENTS Notes to the balance sheet

The Other tax item includes in particular tax credits not used at 31 December 2020. It mainly consists of research tax credit receivables totalling €88,043 million. The Corporate income tax item in the amount of €4.344 million consists of overpayment of a corporate income tax payment on account.

The Group and associates item consists of current account advances to Group subsidiaries (cf. Note 5.1.3.c). Prepaid expenses relate to services invoiced in 2020 and attributable to subsequent years. They mainly concern costs associated with hardware and software maintenance contracts and leases of movable and immovable property. The increase in this item mainly relates to renewals of multi-year contracts during the year.

( $') ) '" #+ ()" #) ( *' ) ( At the balance sheet date, no short-term investment securities had been subscribed. Short-term investment securities are recognised at cost. p At each financial year-end, an impairment loss is recognised whenever the carrying amount exceeds the value in use, except in the case p of treasury shares assigned to a predetermined plan to distribute free shares to employees of the Company.

) ((* # $()( # )' #(! ) $# *()" #)( H (( )

2020

2019

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

Debt issuance costs

565 127

654

Foreign currency translation losses

3,469

(#(

The Translation adjustments – Asset item amounted to €0.127 million at end-December 2020, compared with €3.469 million at end-2019. This change relates mainly to the full repayment (in the amount of £30.000 million) of the loan extended to UK subsidiaries. A provision for contingencies and losses is recognised in respect of foreign currency translation losses in the amount of such losses, unless the transactions are hedged or their term is sufficiently close. In this case, the unrealised gains and losses are considered to form part of the overall foreign exchange position and the charge to the provision is restricted to the amount by which losses exceed gains.

Debt issuance costs consisted of costs to negotiate and arrange the bond issue carried out on 5 July 2019 for an initial amount of €0.697 million. These costs are amortised over the term of the debt in proportion to the interest accrued.

"% '" #) $ *'' #) (( )(

Impairment +.0266260 7/ 8.927-

Impairment .6- 7/ 8.927-

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

Impairment of trade receivables Impairment of current accounts

284

26

93

217

47

- -

- -

47

Cash and cash equivalents

-

-

(#(

'* # $"

31/12/2020

31/12/2019

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

Accrued income Trade payables – Credit notes to be received Trade receivables and related accounts

1,447

814

104,563

105,016

Tax and social security receivables

2,240

855 428

Cash and cash equivalents

169

(#(

245

SOPRA STERIA UNIVERSAL REGISTRATION DOCUMENT 2020