Worldline - Registration Document 2016

20

Financial Information concerning the Group’s Assets and Liabilities, Financial Condition andResults Parent Company summary financial statements

Note 20

Subsequent events

No events

Statutory Auditors’ report on the financial statements for the year 20.2.3 ended December 31, 2016

provided solely for the convenience of English-speaking readers. This is a free translation into English of the Statutory Auditors’ report on the financial statements issued in the French language and is information is presented below the audit opinion on the financial statements and includes an explanatory paragraph discussing the The Statutory Auditors’ report includes information specifically required by French law in such reports, whether modified or not. This issuing an audit opinion on the financial statements taken as a whole and not to provide separate assurance on individual account auditors’ assessments of certain significant accounting and auditing matters. These assessments were considered for the purpose of captions or on information taken outside of the financial statements. documents addressed to the shareholders. This report also includes information relating to the specific verifications of information given in the management report and in the This report should be read in conjunction and construed in accordance with French law and professional auditing standards applicable in France. To the Shareholders,

Annual General Meetings, we hereby report to you for the year In compliance with the assignment entrusted to us by your ended December 31, 2016 on: The audit of the accompanying financial statements of ● Worldline; The justification of our assessments; ● The specific verifications and information required by law. ● Directors. Our role is to express an opinion on these financial These financial statements have been approved by the Board of statements, based on our audit. accounting principles used and significant estimates made, as financial statements. An audit also includes assessing the statements. We believe that the audit evidence we have well as evaluating the overall presentation of the financial basis for our opinion. obtained is sufficient and appropriate to provide a reasonable misstatements. An audit involves performing procedures, using evidence supporting the amounts and disclosures in the sampling techniques or other selection methods, to obtain audit We conducted our audit in accordance with professional plan and perform the audit to obtain reasonable assurance standards applicable in France. Those standards require that we about whether the financial statements are free of material Company as of December 31, 2016 and the results of its of the financial position and the assets and liabilities of the accounting principles. operations for the year then ended in accordance with French In our opinion, the financial statements give a true and fair view Opinion on the financial statements I.

II.

Justification of our assessments

In accordance with the requirements of article L. 823-9 of the justification of our assessments, we bring to your attention the French Commercial Code (Code de commerce) relating to the following matters: 628.3 million in the balance sheet as of December 31, 2016, Participating interests, with a net book value of Euro ● their value in use according to the procedures described in are valued at acquisition cost and depreciated based on Company, and analyzing the procedure adopted by departments, reviewing the calculations performed by the management to approve such estimates; underlying these estimates, especially the cash flow consisted in appreciating the data and assumptions forecasts prepared by the Company’s operational accounting methods” of the financial statements. Our work the note “Financial assets” under Section 20.2.2.3 “Rules and verifying that the accounting policies were correctly applied information made available to us, our work consisted in determined by the Company’s management. and assessing the estimated margins at contract completion methods used to recognize revenue. Based on the accounting methods” of the financial statements outlines the These assessments were performed as part of our audit of the to the expression of our opinion in the first part of this report. financial statements taken as a whole and therefore contributed The note “Revenue” under Section 20.2.2.3 “Rules and ●

III.

information Specific verifications and

applicable in France. French law in accordance with professional practice standards We have also performed the specific verifications required by

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Worldline 2016 Registration Document