Worldline - Registration Document 2016
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Financial Information concerning the Group’s Assets and Liabilities, Financial Condition andResults Parent Company summary financial statements
Note 16
Tax
Tax consolidation agreement Worldline fiscal tax group presents indefinably usable loss carry forward which reach € 29 million at year end
Decrease and increase of the future tax charge ofWorldline taxed separately At year end, decreases and increases of the future tax charge were broken down as follows:
Basis Decrease
Basis Increase
(in € thousand)
Temporary differences
15,062
- -
Total
15,062
No deferred tax assets or liabilities had been recognized.
BREAKDOWNBETWEENNET INCOMEONORDINARYACTIVITIESANDNON-RECURRING ITEMS
Before tax Computed tax
Net amount
(in € thousand)
Net income on ordinary activities
-3,673
-3,673
Non recurring items, tax credit and employee participation
238,796
2,010
240,806
Total
235,123
2,010
237,133
with a withholding tax of €-0.3 million. During the year, Worldline received a tax credit for the research tax credit for € 1.8 million, the tax consolidation bonus for € 0.6 million,
Note 17
Off-balance sheet commitments
COMMITMENTS GIVEN
December 31, 2016
December 31, 2015
(in € thousand)
Other guarantees
2,900
2,900
Total
2,900
2,900
COMMITMENTS RECEIVED
December 31, 2016
December 31, 2015
(in € thousand)
Bank guarantees Other guarantees
-
-
498
498
Total
498
498
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Worldline 2016 Registration Document
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