Worldline - 2020 Universal Registration Document

GROUP OVERVIEW Group presentation

KEY FINANCIAL DATA OF THE PRINCIPAL OPERATING SUBSIDIARIES The table below provides key financial data concerning the Group’s principal operating subsidiaries for the fiscal years ended December 31, 2019 and 2020 (contribution to IFRS consolidated data).

Revenue

Net Income

Total Assets

A

2020 698.5 337.2 271.3 235.9

2020 70.3 37.0 35.4 -12.6

2020

2019 698.6 354.3 258.6 287.4

2019

2019

(In € million)

EquensWorldline SE

71.2 1,274.6 1,254.2 70.2 2,886.4 2,396.1

Six Payment AG Worldline NV/SA

28.1

2,380.9 1,202.8

Six Payment Services (Europe) SA Worldline IT Services UK Limited

1.2 1,520.2 1,732.8

70.5 61.0 57.1 34.0 33.4 31.2 29.6 23.1 20.4 19.4

92.6

-4.5

9.8

113.8

139.0

Ingenico Payone GmbH 1 Global Collect Service BV 1

-30.5

1,079.8

2

2

2

-0.8

160.2 86.5 211.8 94.9

2

2

2

Ingenico Banks and Acquirers France SAS Fujian Landi Commercial Equipment Co, Ltd 1

5.7 1.9

2

2

2

2

2

2

Ingenico Inc.

-4.1 1.9 1.8 0.4 6.8 -4.3

2

2

2

Ingenico Retail Enterprise US Inc.

31.2

2

2

2

Ingenico International (Pacific) Pty Limited

244.8

2

2

2

Ingenico do Brasil Ltda. Ingenico (UK) Limited

90.5 38.5

2

2

2

2

2

2

Ingenico Group SA 1

-

4,315.4

2

2

2

2020 revenue and net income relates only to two month activity (Since November 2020: Date of incorporation in consolidated 1 financial statements). Not part of Worldline Group in 2019. 2

Recent or contemplated A.5.3.2 acquisition of subsidiaries

3 rd largest acquirer with a c. 20% share of transaction volumes processed in Australia. Worldline is to control the joint-venture with a 51% shareholding with CEO and COO to be appointed by Worldline in a shared approach with ANZ. The transaction also comprises a long-term partnership and a minority buy-back mechanism through a call option exercisable by Worldline (10 years after closing). Closing is expected in Q4 2021.

On February 3, 2020, Worldline and Ingenico Group SA have announced that their respective Boards of Directors have unanimously approved a business combination agreement pursuant to which Worldline would launch a tender offer for all Ingenico shares, consisting of an 81% share and 19% cash transaction, as well as outstanding OCEANEs. On October 28, 2020, Worldline announced the large success of the tender offer (88.6% of Ingenico shares tendered and 99.6% of the OCEANEs) and the new governance of Worldline. It also announced the agreement reached with SIX Group regarding its commitment to lock-up its shareholding in Worldline until June 30, 2021. The squeeze out were implemented on November 19, 2020 with respect to Ingenico shares (2,576,195 Ingenico shares) and of all the Ingenico OCEANEs (10,449 Ingenico OCEANEs) which have not been tendered to the tender offer. On September 4, 2020 Worldline announced the completion of the acquisition of a 53% majority stake in GoPay, the leading online collecting payment services provider for small and medium sized businesses (SMB) in the Czech Republic. In 2022, Worldline has a right to acquire the remaining 47% of GoPay share capital. On December 14, 2020, Worldline announced the signing of a major strategic commercial acquiring alliance with ANZ Bank, one of the largest banks in Asia-Pacific and Australia’s

Holdings A.5.3.3

Since 2018, Worldline holds a 20% minority shareholding in the Swiss mobile wallet TWINT. On November 25, 2020, Worldline joined the European Payment Initiative (EPI) as third party acquirer. The joining of third-party acquirers will greatly contribute to the expansion of EPI’s acceptance network on the merchant side in Europe and will allow EPI to build up its own payment ecosystem in the continent. The European Payments Initiative aims to create a unified pan-European payment solution. In 2017 Worldline took a minority shareholding in the capital of the African fintech InTouch. In June 2019, InTouch increased its share capital, as provided for by the 2017 initial agreements. Worldline and Total decided to subscribe to this increase, thus reinforcing their respective holdings. As of the date of publication of the present document, Worldline and Total respectively hold 31.6% of the share capital and voting rights of InTouch.

Universal Registration Document 2020

17

Made with FlippingBook Ebook Creator