WORLDLINE_REGISTRATION_DOCUMENT_2017

E

Financials Parent company financial statements

Note 16

Tax

Tax consolidation agreement Worldline fiscal tax group presents indefinably usable loss carry forward which reach €-55 million at year end.

Decrease and increase of the future tax charge ofWorldline taxed separately. At year end, decreases and increases of the future tax charge were broken down as follows:

Basis Decrease

Basis Increase

(In € thousand)

Temporary differences

16,934

-   -

Total temporary differences

16,934

No deferred tax assets or liabilities had been recognized.

BREAKDOWNBETWEENNET INCOMEONORDINARYACTIVITIESANDNON-RECURRING ITEMS

Before tax Computed tax

Net amount

(In € thousand)

Net income on ordinary activities

-15,565 -10,974 -26,539

-15,565 -8,827 -24,392

Non recurring items, tax credit and employee participation

2,147

Total corporate tax

2,147

During the year, Worldline received a tax credit for the research tax credit for € 2.3 million, the tax consolidation bonus of €-0.3 million and a withholding tax of € 0.5 million.

Note 17

Off-balance sheet commitments

COMMITMENTS GIVEN

December 31, 2016

December 31, 2017

(In € thousand)

Parantal guarantees

2,900

2,900

Total commitments given

2,900

2,900

COMMITMENTS RECEIVED

December 31, 2016

December 31, 2017

(In € thousand)

Bank guarantees

798

498

Total commitments received

798

498

256

Worldline 2017 Registration Document