WORLDLINE_REGISTRATION_DOCUMENT_2017

E

Financials Consolidated financial statements

Amounts recognized in the financial statements The amounts recognized in the balance sheet as at December 31, 2017 rely on the following components, determined at each benefit plan’s level:

As at December 31, 2016

As at December 31, 2017

(In € million)

Amounts recognized in financial statements consist of : Prepaid pension asset – post employment plans

2.0

1.5

Accrued liability – post employment plans Accrued liability – other long term benefits Net amounts recognized – Total Components of net periodic cost Service cost (net of employees contributions)

-112.4

-128.0

-3.5

-3.6

-114.0

-130.1

9.1

7.6

Past service cost, Settlements

-11.4

-1.5 -0.5

Actuarial (gain)/loss in other long term benefits

0.1

Operating expense

-2.2

5.6 5.2

Interest cost

4.9

Interest income

-2.8

-3.2

Financial expense

2.1

2.0

Net periodic pension cost – Total expense/(profit) Of which, net periodic pension cost – post employment plans Of which, net periodic pension cost – other long term benefits Change in defined benefit obligation Defined benefit obligation – post employment plans at January 1 Defined benefit obligation – other long term benefits at January 1 Total Defined Benefit Obligation at January 1

-0.1 -0.2

7.6

7.5 0.1

0.1

262.9

184.8

3.6

1.0

266.5

185.8

Exchange rate impact

-2.9

-10.5

Service cost (net of employees contributions)

8.9 4.9 0.6

7.6 5.2 0.7

Interest cost

Employees contributions

Past service cost, Settlements Business combinations/(disposals)

-11.4

-1.5 52.5 -3.5 22.9

-

Benefits paid

-5.6 -1.0 -3.4 -1.0 -0.2

Actuarial (gain)/loss - change in financial assumptions Actuarial (gain)/loss - change in demographic assumptions

6.6 0.7

Actuarial (gain)/loss - experience results

Other movements

-

Defined benefit obligation at December 31

255.4

266.5

The weighted average duration of the liability is 17.2 years.

226

Worldline 2017 Registration Document