Worldline - 2019 Universal Registration Document

FINANCIALS Parent company financial statements

Prepaid expenses Note 7

December 31, 2019

December 31, 2018

(In € thousand)

15,169 7,781 2,357

Prepaid expenses Deferred charges

26,372

2,470

Redemption Premiums on Bonds

0

Total prepaid

25,307

28,842

PREPAID EXPENSES

December 31, 2019

December 31, 2018

(In € thousand)

4,165

Support fonctions services

12,055

403

Maintenance

673

0

Rentals

4,766

134

Insurance

21

10,467 15,169

Other external expenses

8,857

Total operational prepaid expenses

26,372

DEFERRED CHARGES

December 31, 2019

December 31, 2018

Increase

Decrease

(In € thousand)

4,865

OCEANE

0 0

5,177 1,000

312

943

BOND

57

E

1,973 7,781

RCF

2,470 2,470

0

497 866

Total Defered Charges

6,177

Deferred charges mainly concern costs linked to the issuance in 201 of the OCEANE (€ 4.9 million) and BOND (€ 0.9 million) borrowings. Remaining costs correspond to bank fees on the € 2 million Revolving Credit Facility (“RCF”) subscribed at the end of December 2018.

Those deferred charges are spread on the maturity of borrowings. As such, the 2019 expense is € 0.9 million.

REDEMPTION PREMIUMON BONDS

December 31, 2019

December 31, 2018

Increase

Decrease

(In € thousand)

2,357 2,357

BOND

0 0

2,500 2,500

143 143

Total Redemption Premiums on Bonds

The BOND issued on September 18, 2019 for € 500 million led to book a redemption premium of € 2.5 million to be spread on its maturity (5 years). As such, the 2019 expense amounts to € 0.1 million.

309 Universal Registration Document 2019