Worldline - 2020 Universal Registration Document

E

FINANCIALS Consolidated financial statements

Commercial commitments

As at December 31, 2020

As at December 31, 2019

(In € million)

Bank guarantees

56.3 22.1

39.6

Operational - Performance ●

5.5 0.5

Operational - Bid ●

0.5 0.3

Operational - Advance Payment ●

13.5 20.2

Financial or Other ● Parental guarantees

33.3

801.9 604.5

435.6 435.6

Operational - Performance ●

Operational - Other Business Orientated ●

12.3

Financial or Other ●

185.1

Pledges

1.7

Total

859.9

475.2

For various large long-term contracts, the Group provides parental guarantees to its clients. These guarantees amount to € 801.9 million as of December 31, 2020, compared to € 435.6 million at the end of December 2019. This variation is mainly linked to the integration of Ingenico.

Other commitments COMMITMENTS RECEIVED

As at December 31, 2020

As at December 31, 2019

(In € million)

Guarantee received on a cquisitions of companies

816.9

Other commitment received

5.0

Total

821.9

COMMITMENTS GIVEN

As at December 31, 2020

As at December 31, 2019

(In € million)

Guarantee given on disposal of companies

677.5

Other commitment received

30.4

Total

707.9

Those other commitments are coming from Ingenico scope and relate to previous acquisitions and disposals (Notably on Payone).

Related parties Note 14

Accounting policies/principles The related parties include: Worldline’s reference shareholders (SIX Group AG) and its subsidiaries which are not part of the Worldline’s consolidation ● scope; The entities that are controlled or jointly controlled by the Group, the entities that are a post-employment defined benefit ● plan for the benefit of the employees of the Group or the entities that are controlled or jointly controlled by a member of the key management personnel of the Group; and The key management personnel of the Group, defined as persons who have the authority and responsibility for planning, ● directing and controlling the activity of the Group, namely members of the Board of Directors as well as the Chairman & Chief Executive Officer and Deputy Chief Executive Officer.

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Universal Registration Document 2020