Worldline - 2019 Universal Registration Document

E

FINANCIALS Consolidated financial statements

Customer Relationships/ Patent

Software & Licenses

Other assets

Total

(In € million)

Gross value As at January 1, 2018

377.5 10.9 43.1 -5.9 -0.8 339.8

192.8

24.1

594.3 11.7 43.1 -5.9 -3.7 757.7

Additions

0.8

R&D capitalized

Impact of business combination

417.9

Disposals

Exchange differences

-2.2

-0.7 -0.9 23.2

Other

3.2

2.4

As at December 31, 2018 Accumulated depreciation As at January 1, 2018 Depreciation charge for the year

767.9

608.5

1,399.6

-175.1

-45.7 -21.0

-21.0

-241.7

-49.1

-70.1

Disposals/reversals* Exchange differences

5.5 0.6 0.2

5.5 0.8 0.2

0.3 0.0

Other

As at December 31, 2018 Net value As at January 1, 2018 As at December 31, 2018

-217.8

-66.7

-20.7

-305.2

202.4 550.0

147.1 541.8

3.1 2.5

352.6

1,094.3

Development capitalized cost is related to the modernization of proprietary technological platforms for € 42.1 million. At December 31, 2019, the net book value of those capitalized projects amounted to € 185.3 million.

8.3 Tangible assets

Accounting policies/principles Tangible assets are recorded at acquisition cost. They are depreciated on a straight-line basis over the following expected useful lives: Buildings: 20 years; ● Fixtures and fittings: 5 to 20 years; ● Computer hardware: 3 to 5 years; ● Vehicles: 4 years; ● Office furniture and equipment: 5 to 10 years. ●

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Universal Registration Document 2019