TELEPERFORMANCE_Registration_document_2017

PARENT COMPANY FINANCIAL STATEMENTS

8.4 Notes to the parent company financial statements

Note 15

Revenues

2017

2016

(in thousands of euros)

France Rest of the World

France Rest of the World

Royalties and management fees

2,337

100,765

2,900

67 058

Rents and rental charges

476

b

454

b

Other

3,223 6,036

164

16

243

TOTAL

100,929

3,370

67,301

As the parent company of theGroup, the activity of Teleperformance SE is that of a holding company in respect of its subsidiaries; it also provides management, supervisory, assistance and advisory functions for Group companies, in return for which it receives

management fees. Teleperformance also receives Intellectual property royalties which are charged to all Group subsidiaries. The increase in royalty income is principally due to the increase in consolidation scope.

Note 16

Financial result

2017

2016

(in thousands of euros)

Income 37,921 45,946

Expense

Net

Net

Dividends

b

37,921 -24,054

32,625 -17,850

Provisions on shareholdings Other impairment provisions

70,000

329

381

-52

3,918 -6,722

Financial debt waiver

b

3,088 1,080 1,334

-3,088 2,530 -1,334 17,332 15,507

Provisions for unrealized exchange losses

3,610

-751

Provisions for unrealized losses on financial instruments

b

b

Foreign exchange gains and losses Interest on short-term investments Disposal of marketable securities

115,845 75,053

98,513 59,546

11,373 18,038

b

8

-8

1

TOTAL

278,704

233,950

44,754

40,632

In 2017, the Company waived a receivable due from its subsidiary Teleperformance France in respect of 2017bbrand royalties and management services.

The Company has also written off the receivable of €0.3bmillion due by its Spanish subsidiary Fonomerk which has been put into liquidation.

8

Note 17

Exceptional result

2017

2016

(in thousands of euros) Capital operations

Income

Expense

Net 328

Net

873

545

-3,648

■ Tangible and intangible fixed assets

b b

b

0

0

Financial fixed assets

134 411

-134 462

-3,131

■

Other

873

-517

■

Revenue operations

b

b

0

0

Depreciation, amortization and increase in provisions, net of releases

b

6

-6

1,010 -2,638

TOTAL

873

551

322

227

Teleperformance bb - bb Registration documentbb 2017