technicolor - 2018 Registration document

6 FINANCIAL STATEMENTS NOTE 13 SUBSEQUENT EVENTS

Subsequent events

NOTE 13

GRI [102-10] [102-48] [102-49]

IFRS 5. 2017 financial statements have been restated accordingly. Research & Innovation’s assets and liabilities, mainly the deferred income related to the future services to be rendered, have been transferred in Assets and Liabilities held for sale in 2018. There were no other events that have a material impact on the financial status that occurred between the Statement of the Financial Position date and February 27, 2019, the date when the Board of Directors authorized the Consolidated Financial Statements for issue.

On February 11, 2019, the Group announced being in exclusive negotiations with InterDigital for the divestiture of his Research & Innovation activity. This transaction would amend the contingent consideration to be received on the sale of the Patent Licensing business by reducing by 50% the future cash receipt and cancel the Research Cooperation Agreement as described above. In 2018 financial statements, the Research & Innovation activity is classified in the Discontinued Operations together with the Patent Licensing business, as the sale is considered highly probable according to

Table of auditor’s fees NOTE 14

Deloitte

Mazars

Total

2018

2018

2018

2017

2017

2017

(in thousands of euros)

Statutory audit, certification, consolidated and individual financial statements Technicolor SA •

788

819

1,059

952

1,847 2,629 4,477

1,771 3,477 5,248

Subsidiaries •

1,513

1,952 2,771

1,116

1,525 2,477

Subtotal

2,302

2,175

Services other than certification of financial statements as required by laws and regulations (1) Technicolor SA •

34

32

-

-

34

32 24 56

Subsidiaries •

6

5 5

18 18

5

Subtotal

34

38

39

Services other than certification of financial statements provided upon the entity’s request (2) Technicolor SA •

135 295 430

263 126 389

445

23

580 309 889

286 126 412

Subsidiaries •

14

-

Subtotal TOTAL

459

23

2,766

3,198 2,639

2,518 5,405

5,716

Include capital increase and capital decrease reports, comfort letters and other services required by laws and regulation. (1) Include services upon request of Technicolor or its subsidiaries (due diligence, legal and tax assistance, and various reports). (2)

244

TECHNICOLOR REGISTRATION DOCUMENT 2018