Worldline - 2019 Universal Registration Document

FINANCIALS Parent company financial statements

COMMITMENTS RECEIVED

December 31, 2019

December 31, 2018

(In € thousand)

18,108 18,108

Bank guarantees

7,186 7,186

Total commitments received

As a reminder and in the context of the acquisition of SIX Payment Services finalized in November 30, 2018 , Worldline and SIX Group AG had agreed that a contingent additional consideration of a maximum amount of CHF166 million may have to be paid in cash by Worldline to SIX Group AG in Q2 2020: The compensation would be payable if Worldline share ● price in March 2020 is below € 50.17; No compensation would be due if this share price exceeds ● € 53.00; If this share price was between € 50.17 and € 53.00, ● Worldline would pay to SIX Group AG an amount calculated on a linear basis (from CHF 166 million to zero).

This commitment has been valuated at € 117.6 million and booked as off-balance sheet commitment at 2018 year-end. Further to the announcement on October 30, 2019 by SIX Group AG of the entry into a collar transaction on Worldline shares, the agreement regarding the Contingent Consideration of CHF 166 million is terminated with no payment to be made by Worldline to SIX Group AG in that respect, in accordance with the agreements between SIX Group AG and Worldline. Worldline implemented a supplementary defined benefit pension plan (refer to Note 9). Off-balance sheet commitment related to this plan amounts to € 3.3 million as at December 31, 2019.

Related parties Note 18

The following tables present transactions between Worldline SA and its controlled subsidiaries:

INCOME STATEMENT

December 31, 2019

December 31, 2018

(In € thousand)

E

- 

Financial expenses Financial income

-723 5,878 -6,227 9,628 8,556

7,297 -8,106 12,462 11,653

Other operating expenses Other operating income

Total

ASSETS

December 31, 2019

December 31, 2018

(In € thousand)

53,813

Trade accounts and notes receivables

75,169 2,382

330

Group current accounts Other current assets

-5,215

218

Total

48,928

77,769

LIABILITIES

December 31, 2019

December 31, 2018

(In € thousand)

7,832

Trade accounts and note payable

23,545 118,698

24,450

Group current accounts Tax and social security Other current liabilities

- 

615 188

-12,190 20,092

Total

143,046

315 Universal Registration Document 2019