Worldline - 2020 Universal Registration Document

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FINANCIALS Parent company financial statements

Dividends received in 2020 were paid by Worldline India, Worldline Bourgogne, Santeos, Similo et EquensWorldline. The € 28.3 million of revenue from receivables on investments concerns the GBL Merchant Services reorganization (refer to

Note 3). They are composed by the interests linked to the receivables on Worldline Belgium and Luxembourg. The depreciation on investments concerns Worldline Argentina in its entirety.

Non-recurring items Note 15

December 31, 2020

December 31, 2019

(In thousands of euros)

Proceed from disposal of intangible and tangible assets Proceed from disposal of financial investments Reversal of provision for trade accounts receivable

5,639

0 0

2,921,247

116

99

Other income

-1,738

38,482 38,581

2,925,264

Total non-recurring income

Net book value of intangible and tangible assets sold Net book value of financial investments sold

-5,639

0 0

-2,921,247

Provisions for liabilities and charges

-7,902

-134

Other expenses

-63,739

-47,283 -47,417 -8,836

Total non-recurring expenses Non-recurring items result

-2,998,527

-73,262

In 2020, Worldline sold € 5.6 million of intangible and tangible fixed assets as part of a lease-back operation (refer to Notes 1 & 2). There is no disposal result.

Worldline also sold € 2,921 million of financial investments as part of the GBL Merchant Services reorganization (refer to Note 3). There is no disposal result. The other non-recurring income and expenses mainly relate to the acquisition of Ingenico by Worldline.

Taxes Note 16

Tax consolidation agreement Worldline fiscal tax group presents indefinably usable loss carry forward which reach € 80 million at year end.

Decrease and increase of the future tax charge of Worldline taxed separately At year end, decreases and increases of the future tax charge were broken down as follows:

Basis decrease

Basis increase

(In thousand of euros)

Temporary differences

18,990 18,990

0 0

Total temporary differences

No deferred tax assets or liabilities had been recognized.

BREAKDOWN BETWEEN NET INCOME ON ORDINARY ACTIVITIES AND NON-RECURRING ITEMS

Before tax 24,464 -75,949 -51,484

Computed tax

Net amount

thousands of euros)

Net income on ordina ry activities

0

24,464 -74,833 -50,368

Non recurring items, tax credit and employee participation

1,116 1,116

Total corporate tax

During the year, Worldline has recognized € 1.4 million research tax credit, a tax consolidation bonus of € 0.2 million and withholding taxes of € 0.4 million.

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Universal Registration Document 2020