Worldline - 2020 Universal Registration Document

E

FINANCIALS Consolidated financial statements

The operating segment information for the period was the following:

Terminals, Solutions & Services

Mobility & e-transactional services

Merchant Services

Financial Services

Total Group

(In € million)

12 months ended December 31, 2020 Revenue by Global Business Lines

1,245.6

904.0 32.9%

324.5 11.8%

273.7 10.0%

2,747.8 100.0%

% of Group revenue

45.3%

12 months ended December 31, 2019 Revenue by Global Business Lines

1,119.4 47.0%

918.4 38.6%

343.8 14.4%

2,381.6 100.0%

% of Group revenue

The “Merchant Services” external revenue is presented net of interchange bank commissions.

Terminals, Solutions & Services

Mobility & e-transactional services

Merchant Services

Financial Services

Global structures Total Group

(In € million)

12 months ended December 31, 2020 Operating Margin before Depreciation and Amortization (OMDA) 12 months ended December 31, 2019 Operating Margin before Depreciation and Amortization (OMDA) % revenue

309.9 24.9%

281.7 31.2%

88.6

47.6

-27.8 -1.0%

699.9 25.5%

27.3%

17.4%

265.3 23.7%

307.2 33.4%

53.4 15.5%

-23.7 -1.0%

602.1 25.3%

% revenue

Operating margin before depreciation and amortization (OMDA) represents the underlying operational performance of the current business and is determined as follows:

12 months ended December 31, 2020

12 months ended December 31, 2019

Variation

(In € million)

Operating margin

520.5 175.0

442.6 142.9

78.0 32.1 -3.6 -8.4 -0.2 97.8

+ Depreciation of fixed assets

+ Net book value of assets sold/written off +/- Net charge/(release) of pension provisions

3.7 0.7 0.0

7.3 9.1 0.2

+/- Net charge/(release) of provisions

OMDA

699.9

602.1

The assets detailed above by Global Business Lines are reconciled to total assets as follows:

Mobility & e-transactional services

Terminals, Solutions &

Merchant Services

Financial Services

Not allocated**

Total Group

Services Shared*

(In € million)

at December 31, 2020 Total fixed assets by Global Business Lines

4,058.2 1,642.9 1,892.8 1,223.4 17.1% 11.0% 1,902.8 304.2

109.8

1,019.1

72.9 7,948.8 14,851.8

Goodwill

25.8 0.2% 32.7

7,948.8 11,090.8 71.7% 100.0%

% of Group goodwill

Other intangible assets

973.3

18.8 45.5

3,231.7

Tangible assets

129.0 133.7

37.5 77.9

3.1

21.3 24.5

236.4

Right-of-Use 292.8 Part of intangible and tangible assets are not directly attribuable to one single Global Business Line as they are mutualized assets * usable and shared between the four GBL. Not allocated assets correspond to the residual goodwill linked to the acquisition of Ingenico. ** 48.2 8.6

262

Universal Registration Document 2020