Worldline - 2020 Universal Registration Document

FINANCIALS Consolidated financial statements

Balance sheet presentation Contract assets primarily relate to the Group’s rights to consideration for work completed but not yet billed at the reporting date. When the rights to consideration are unconditional, they are classified as trade receivables. Contract liabilities relate to upfront payments received from customers in advance of the performance obligation. Capitalized contract costs are presented separately from contract assets. Certain service arrangements might qualify for treatment as lease contracts under IFRS 16 if they convey a right to use an asset in return for payments included in the overall contract remuneration. If service arrangements contain a lease, the Group is considered to be the lessor regarding its customers.

Segment information 3.1

Accounting policies/principles According to IFRS 8, reported operating segments profits are based on internal management reporting information that is regularly reviewed by the chief operating decision maker, and is reconciled to Group profit or loss. The chief operating decision maker assesses segments profit or loss using a measure of operating profit. The chief operating decision maker, who is responsible for allocating resources and assessing performance of the operating segments, has been identified as the Company Chairman & CEO who makes strategic decisions. The internal management reporting is designed based on Global Business Lines (Merchant Services, Financial Services, Mobility & e-Transactional Services and Terminal Solutions & Services). Global Business Lines have been determined by the Group as key indicators by the Chief operating decision maker. As a result, and for IFRS 8 requirements, the Group discloses Global Business Lines (GBL) as operating segments. Each GBL is managed by a dedicated member of the Executive Committee. The P&L indicators as well as the assets have been allocated according to these GBL segments. On OMDA, a part of the cost related to Global Structures has not been allocated by GBL. Regarding Group Assets, the shared assets not allocated by GBL primarily relate to shared infrastructure delivering mutualized services to those four GBL.

E

The activities covered by each operating segment as well as their geographical footprint are as follows:

Operating segments Merchant Services

Business divisions

Geographical areas

Commercial Acquiring , Terminal Services , Omnichannel Payment Acceptance , Private label Card & Loyalty Services , Digital Retail

Argentina, Australia, Austria, Belgium, Brazil, Canada, Czech republic, France, Germany, India, Italy, Luxembourg, Malaysia, New-Zealand, Nordic countries, Poland, Russia, Spain, Switzerland, Turkey, the Netherlands, the United Kingdom, USA. Austria, Belgium, China, Estonia, Finland, France, Germany, Hong Kong, Indonesia, Italy, Latvia, Lithuania, Luxembourg, Malaysia, Singapore, Spain, Switzerland, Taiwan, the Netherlands and the United Kingdom. Argentina, Austria, Belgium, Chile, China, France, Germany, Spain, the Netherlands and the United Kingdom. Worldwide presence (c.170 countries) covering EMEA, North America, Latin America and Asia-Pacific

Financial Services

Issuing Processing, Acquiring Processing, Digital Banking, Account Payment s

Mobility & e-Transactional Services

Trusted Digitization , e-Ticketing , Contact & consumer cloud , Connected Living & Mobility Point of sales (proprietary OS and Android OS), payment applications & value added solutions, estate management, maintenance, repair

TSS

Geography is not a managerial axis followed by the Group. Inter-segment transfers or transactions are entered into under normal commercial terms and conditions that would also be available to unrelated third parties. No external customer generates more than 10% of total Group sales.

Universal Registration Document 2020

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