TELEPERFORMANCE_Registration_document_2017
CONSOLIDATED FINANCIAL STATEMENTS
7.6 Notes to the consolidated financial statements
NOTE H.5 Analysis of cash and cash equivalents presented in the consolidated statement of cash flows
Totalb2017
b
Totalb2016
Bank overdrafts and advances
-2
-3
Marketable securities
32
7
Cash and bank
253 283
275 279
CASH AND CASH EQUIVALENTS
I. Provisions, litigation, commitments and other contractual obligations
NOTE I.1 Accounting policies and methods A provision is recognized in the statement of financial position when the Group has a present legal or constructive obligation resulting from a past event, the obligation can be reliably estimated and it is probable that an outflow of economic benefits will be required to settle the obligation. The amount of the provision represents management’s best estimate of the outflow required, and is discounted when the time value effect is significant. Provisions relating to post-employment benefits, in particular defined benefit plans which represent most of the Group’s provisions for future expenses, are recognized as follows:
The net obligation of the Group is calculated separately for each plan by estimating the amount of future benefits that employees have earned in return for services rendered as of the reporting date. This amount is discounted to determine its present value, and the fair value of any plan assets is deducted. The discount rate is the yield at the reporting date on AA credit- rated bonds that have maturity dates approximating to the terms of the Group’s obligations. The obligations are measured using the projected unit credit method. Actuarial gains and losses are recognized as Other recognized income and expenses in comprehensive income.
NOTE I.2 Change in provisions
Releases
b
Translation differences
12/31/2017
b
12/31/2016 Increases
utilized unutilized
Other
NON-CURRENT Retirement benefits
12
3
b b
b b
-1
b b
14
7
Other expenses
1
b
b
1
13
3
0
0
-1
0
15
Total
CURRENT Risks
37
10 17 27 30
-8
-2
-4
b b
33 19 52 67
Other expenses
2
b
b
b
39 52
-8 -8
-2 -2
-4 -5
0 0
Total
TOTAL
b
Releases
Translation differences
b
12/31/2015 Increases
utilized unutilized
Other 12/31/2016
NON-CURRENT Retirement benefits
10
2 1 3
b b
b b
b b
b b
12
Other expenses
0
1
10
13
0
0
0
0
Total
CURRENT Risks
68
10
-29
-20
-1
9
37
Other expenses
2
1
-1
b
b
b
2
70 80
11 14
-30 -30
-20 -20
-1 -1
9 9
39 52
Total
TOTAL
201
Teleperformance bb - bb Registration documentbb 2017
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