Worldline - 2020 Universal Registration Document

FINANCIALS Parent company financial statements

Legal reorganization of the Worldline Group (Merchant Services reorganization) On March 2020, the Group completed an internal reorganization which aim was to rationalize the legal organization chart of GBL Merchants Services. Pursuant to this operation all Worldline Merchant Services entities are now owned by Worldline SA NV. Health crisis – Covid-19 The Coronavirus epidemic and the measures taken by French government affected Worldline’s revenue, and more precisely the revenue from the Merchant Services global business line. Despite this impact, the company considers it can be regarded as a going concern. Rules and accounting methods E.6.4.3 The financial statements of Worldline have been prepared in accordance with generally accepted accounting principles in France and with the provisions of the French General Accounting Plan ( plan comptable general – réglement 2014.03 , and its following updates). General conventions were applied, and notably: Principle of prudence; ● Principle of going concern; ● Permanence of the accounting methods from one exercise ● to another; Cut off principle. ● As a principle, items are booked based on historical cost. The annual accounts are established and presented in thousands of euros. Intangible assets Intangible assets are booked at their acquisition cost and consist mainly of software, licenses, merger deficit and goodwill. Software created for an internal use and development costs of application used for operational needs are recognized as an expense. Software is amortized on a straight-line basis over their expected useful life, not exceeding 3 years. If needed, a provision on goodwill can be booked based on the value in use. Tangible assets The tangible fixed assets are evaluated at their acquisition value excluding any financial expenses. The depreciation calculation is based on a straight-line method over the useful life of the assets, as follows: Buildings: 20 years; ● Fixtures and fittings: 5 to 20 years; ●

Merchant Services revenue decreased because of the ● Covid-19 pandemic impact on the economy. More specifically, the number of payment transactions with the French railway SNCF declined, and some projects were postponed ( e.g. Accor project); Financial services revenue is generated by former Diamis ● activities, merged with Worldline SA in 2018. Revenue growth benefitted from more business with Banco Populare and Credito Emiliano. Decline in revenue for several business lines did not enable the absorption of fixed and central costs to the level of 2019. Consequently, the operating result dropped by € 1.25 million despite the special measures set up by Worldline during the health crisis related to Covid-19. The operating result amounts to €-9.2 million at the end of 2020. Worldline SA is the parent company of the Worldline Group and holds directly or indirectly investments in the Group’s subsidiary. Consequently, Worldline publishes consolidated financial statements. Worldline as such supports a significant share of the costs related to overhead, corporate and central functions. The Company has therefore set up financial flows with its subsidiaries to reflect the services rendered by the parent company to the companies of the group. Creation of a new world-class leader in payment services: Worldline to acquire Ingenico On February 3, 2020, Worldline and Ingenico Group SA announced that their respective Boards of Directors have unanimously approved a business combination agreement whereby Worldline would launch a public bid to acquire all Ingenico shares and outstanding OCEANEs. The offer on Ingenico shares would be paid up to 81% in shares and up to 19% in cash, based on the closing prices. This transaction would combine two premier companies to create the world’s number four player in payment services with circa 20,000 employees in approximately 50 countries with physical presence. Upon closing, the new combined group would offer best-in-class payment services to nearly 1 million merchants and 1,200 financial institutions. On October 28, 2020, the closing of the acquisition of Ingenico by Worldline finally takes place. The global purchase price paid for the shares amounts to € 7,638 million included € 1,689 million paid in cash and € 5,949 million paid by a share issue. The acquisition costs amount to € 58 million booked in non-recurring costs. Highlights E.6.4.2

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Universal Registration Document 2020

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