Worldline - 2019 Universal Registration Document

E

FINANCIALS Consolidated financial statements

7.4 Breakdown of deferred tax assets and liabilities by nature

Intangible assets recognized as part of PPA

Tax losses carry forward

Fixed assets Pensions

Other 26.5

Total -5.0

(In € million)

As at December 31, 2017

24.8

-33.0

-54.9

31.7

Charge to profit or loss for the year

8.2 0.6

5.6

2.5 -1.7 -0.1 4.3 -0.4

2.8 1.0 2.3

-8.5 11.3

10.6

Change of scope Charge to equity Reclassification

-161.3

-150.1

- -

-

1.5

3.8 1.2

-0.2

- -

-3.0

Exchange differences

-0.1

0.6

-1.1

-0.8

As at December 31, 2018

33.6 -2.4

-188.2

-50.2

37.8

26.8

-140.2

Charge to profit or loss for the year

9.6

-1.1

2.0

4.3

12.4

Change of scope Charge to equity Reclassification

- -

-13.8

- -

-3.6

-13.9 -19.7

-31.3 -15.6

-

4.1

-6.7

-3.7 -3.8

5.3

-0.2 -0.6 39.5

5.3

-

Exchange differences

-

-

-0.8

-5.2

As at December 31, 2019

24.5

-199.9

-46.0

2.0

-180.0

7.5 Tax losses carry forward schedule (basis)

12 months ended December 31, 2019

12 months ended December 31, 2018

Unrecog- nized

Unrecog- nized

Recognized

Total

Recognized

Total

(In € million)

0.0 0.0

8.7 0.0

8.7

2021 2022

0.3

8.9

9.2

-

-

-

-

Tax losses available for carry forward for 5 years and more Ordinary tax losses carry forward Evergreen tax losses carry forward

10.3 10.3 86.7 97.0

3.3

13.6 22.3

0.0 0.3

0.9 9.8

0.9

12.0

10.1

112.0 124.0

198.7 221.0

116.4 116.7

84.3 94.1

200.7 210.8

Total tax losses carry forward

Countries with the largest tax losses available for carry forward were Luxembourg (€ 92.2 million), France (€ 82.6 million), Spain (€ 16.7 million), Germany (€ 12.2 million) and Poland (€ 12.0 million).

7.6 Deferred tax assets not recognized by the Group

12 months ended December 31, 2019

12 months ended December 31, 2018

(In € million)

31.8 20.4 52.2

Tax losses carry forward Temporary differences

25.3 24.0 49.3

Total

270

Universal Registration Document 2019