TELEPERFORMANCE_Registration_document_2017

PARENT COMPANY FINANCIAL STATEMENTS

8

8.4 Notes to the parent company financial statements

These commitments are guaranteed by:

■ representations and commitments covering certain guarantees.

■ amounts held by a bank in escrow, to be released in full after two years from the date of acquisition, in the absence of any request for indemnification; or

NOTE 19.4 Other commitments The French individual rights to training program (DIF) has been superseded from January 2015bby the introduction of the individual training account (CPF). The outstanding entitlement of 2,241 hours existing under the DIF as of Decemberb31 st , 2014bmay be utilized until Decemberb31 st , 2020. During 2017, 354btraining hours were utilized. The outstanding commitment in respect of the CPF amounted to 1,931bhours at the end of 2017. Note 20 Work-force Note 21

Remuneration of company officers The total amount of all types of remuneration paid in 2017bamounted to 93bK€ compared with 87bK€ in 2016. The amount of directors’ fees paid to directors in 2017bin respect of the 2016bfinancial year amounted to 600bK€ compared with 600bK€ paid in 2016.

At Decemberb31 st , 2017, the Company’s work-force consisted of 44bpersons, representing 40bmanagers and 4bother employees. The change during the year was as follows:

At December 31 st , 2017

Employment categories

At December

31 st , 2016 Change

Other

5

-1 -2 -3

4

Managers

42 47

40 44

TOTAL

Note 22

Audit fees of the statutory auditors of Teleperformance SE

The audit fees of the statutory auditors of Teleperformance SE in respect of the 2017 financial year are analyzed as follows:

KPMG

Deloitte & associés

(in thousands of euros)

Audit certification

Services other than audit certification

Audit certification

Services other than audit certification

TOTAL 131 Nature of non-audit services rendered byb KPMG to the parent company and its subsidiaries: issue of comfort letter, engagements for the verification of the existence and the fairness of certain personnel, environmental or societal information to be submitted to independent third party entities, consultation relating to anti-corruption compliance measures, consultation in respect of the adoption of an accounting standard, attestations issued in respect of financial ratios. Note 23 Balances and transactions with Group companies 398 150 392

Net amount at 12/31/2017

Net amount at 12/31/2017

Balance sheet (in thousands of euros)

Income statement (in thousands of euros)

ASSETS

INCOME

b

b

■ Investments in subsidiaries and affiliates ■ Receivables from subsidiaries and affiliates

1,724,531 1,187,670

■ Net income from investments in subsidiaries and affiliates

37,921 67,899 45,946

Other financial income Release of provisions

Accounts receivable –bTrade

14,451 51,504

■

■

Other receivables

■

■

EXPENSES

b

LIABILITIES

b

Financial expenses Increase in provisions

12,102 70,000

Financial liabilities

435,260

■

■

Accounts payable –bTrade

9,315

■

■

Other liabilities

79,514

■

Note 24 Related parties As all relevant transactions were entered into at arms’ length conditions, no further information is disclosed with respect to related parties.

230

Teleperformance bb - bb Registration documentbb 2017