Worldline - 2019 Universal Registration Document

E

FINANCIALS Consolidated financial statements

WITH SIX

1 month ended December 31, 2018*

12 months ended, 2019

(In € million)

38.1

Revenue

2.3

-58.8

Operating income/expenses Other operating expenses Net cost of financial debt

-4.0

0.0 0.0

0.0 0.0

One month as SIX is a Wordline’s shareholder since the acquisition of SIX Payment Services. *

The receivables and liabilities included in the statement of financial position linked to the related parties are detailed as follows:

As at December 31, 2019

As at December 31, 2018

(In € million)

109.3

Trade accounts and notes receivables

105.5

46.3

Other current assets

-  - 

-  - 

Current accounts & cash agreement - Assets

Financial liabilities

117.6

12.4

Trade accounts and notes payables

0.3 0.1

Other current liabilities

0.1

The off-balance sheet commitments regarding the related parties are detailed as follows:

As at December 31, 2019

Maturing

As at December 31, 2018

Up to 1 year

1 to 5 years Over 5 years

(In € million)

Operating leases: land, buildings, fittings

0.0 

53.2

Contractual engagements

308.3 308.3 308.3

37.0 37.0 37.0

137.0 137.0 137.0

134.2 134.2 134.2

348.4 401.6 401.6

Commitments

Total

Cost of key management personnel of the Group In 2019, the expenses related to key management personnel included: Those related to the Worldline Chief Executive Officer in ● accordance with the agreement entered into with Atos in relation to his dedication and remuneration until January 31, 2019 and for the entire part as from February 1, 2019;

The expenses related to the Deputy Chief Executive ● Officer; The cost of the members of the Board (Director’s fees ● expensed in 2019). No cost was recorded in relation to the Chairman of the Board of Directors.

The distribution of the expense recorded in the consolidated financial statements for key management of the Group is as follows:

12 months ended, 2019

12 months ended, 2018

(In € million)

2.4 0.8 1.6 4.8

Short-term benefits Employer contributions 1

1.6 1.4 1.5

Performance share plans & stock options 2

Total 4.5 Employer contributions due on fixed salary and variable of the key management personnel of Worldline as well as on the grant of the 1 Worldline stock-options plan to key management personnel of Worldline on July 24, 2019. IFRS 2 2019 accounted for the Worldline performance share plans granted to key management personnel of Worldline on July 24, 2 2017, July 21, 2018 and July 24, 2019 and for the Worldline stock-options plans granted to key management personnel of Worldline on July 21, 2018 and July 24, 2019.

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Universal Registration Document 2019