SOLOCAL_Registration Document_2017

6

FINANCIAL STATEMENTS 6.1 Consolidated financial statements for the years ended 31 December 2016 and 2017

NOTE 6

PERSONNEL BENEFITS, PROVISIONS AND OTHER LIABILITIES

6.1

PERSONNEL EXPENSES

As at 31/12/2017

As at 31/12/2016

(in thousands of euros, except staff count) Average staff count (full-time equivalent)

4,403

4,386

Salaries and charges

(381,879) (240,415) (120,620)

(368,387) (242,630) (108,412)

of which:

- Wages and salaries

- Social charges

- Tax credit employment (CICE) - Taxes on salaries and other items

3,473

3,037

(24,317)

(20,382) 2,304 4,542 (2,238) (6,497)

Share-based payment (1)

3,309

of which:

- Stock options and free shares

- 

- Social charges on grants of stock options and free shares

3,309

Employee profit-sharing (2) TOTAL STAFF EXPENSES Cf. Note 6.4. (1) Incl. Coporate contribution. (2)

(4,922)

(383,492)

(372,580)

6.2

PERSONNEL BENEFITS, PROVISIONS AND OTHER LIABILITIES

These are made up as follows:

31/12/2017

31/12/2016

(in thousands of euros)

Post-employment benefits Other long-term benefits

127,998 11,393 139,391

121,268 12,580 133,848

NON-CURRENT PERSONNEL BENEFITS (1)

Other Provision for risks

12,997

8,807

Provisions for social or fiscal disputes

4,536

12,270 21,077

NON-CURRENT PROVISIONS

17,533

Cf. details in the folloing Note. Non-current personnel benefits concern the French companies. (1)

31/12/2017

31/12/2016

(in thousands of euros)

Personnel (1)

71,416 48,000

70,163 46,328

Social organisations

TOTAL CURRENT PERSONNEL BENEFITS

119,416

116,491

VAT payable

67,212

70,308

Sundry accounts payable Other current liabilities

7,264 6,880

6,509 6,844

OTHER CURRENT LIABILITIES

81,357

83,662

Comprising mainly employee profit-sharing and provisions for personnel expenses. (1)

160 2017 Registration Document SOLOCAL