WORLDLINE_REGISTRATION_DOCUMENT_2017

Financials Consolidated financial statements

Land and buildings

IT equipments

Other assets

Total

(In € million)

Gross value As at January 1, 2016

66.2

225.5 25.9 31.1 -56.8

29.3

321.0 31.9 35.8 -68.5

Additions

1.4 4.7

4.6 0.0

Impact of business combination

Disposals

-9.7 -0.1

-2.0 -0.8 -2.1 29.1

Exchange differences

-1.9

-2.9

Other

0.2

2.2

0.2

As at December 31, 2016 Accumulated depreciation As at January 1, 2016 Depreciation charge for the year

62.6

225.9

317.6

-40.0

-196.8

-18.0

-254.8

-5.1

-20.2 58.3

-2.1

-27.4 66.7

Disposals/Reversals Exchange differences

6.6 0.1 0.1

1.8 0.4 0.0

2.0

2.6

Other

-1.0

-0.9

As at December 31,2016 Net value As at January 1, 2016 As at December 31,2016

-38.2

-157.7

-17.9

-213.8

26.2 24.4

28.7 68.2

11.3 11.2

66.2

103.8

Tangible capital assets of the Worldline Group mainly include computer equipment used in the production centers, particularly in the processing datacenters, and Terminals rented to merchants. Land and buildings are mostly composed of technical infrastructures of datacenters.

Note 15

Non current financial Assets

E

As at December 31, 2016

As at December 31, 2017

(In € million)

Pension prepayments

Note 21

2.0

1.5

Fair value of non-consolidated investments net of impairment

21.3

17.5

Investments in associates

3.8 8.3

0.4 8.4

Other* Total

35.4

27.8

“Other” include loans, deposits and guarantees. *

The increase in investments in associates is due to the investment in InTouch. See Note 2 “Other significant event of the year.”

Note 16

Trade accounts and notes receivable

As at December 31, 2016

As at December 31, 2017

(In € million)

Gross value

321.2

299.6

Provision for doubtful debt

-5.7

-4.7

Net asset value

315.6 -15.0 -91.6 209.0

294.9 -12.9 -92.7 189.3

Prepayments

Deferred income and upfront payments received

Net accounts receivable

Number of days sales outstanding (DSO)

39

40

For balances outstanding for more than 60 days, the Group considers the need for depreciation on a case-by-case basis through a quarterly review of its balances.

223

Worldline 2017 Registration Document