Assystem - 2015 Registration Document

FINANCIAL STATEMENTS

CONSOLIDATED FINANCIAL STATEMENTS

CURRENT AND NON-CURRENT FINANCIAL LIABILITIES

NOTE 19

Effect of changes in scope of consolidation

Change in fair value

Currency translation differences

Other movements Year-end

Beginning of year

Increases

Repayments

In millions of euros

Bank borrowings

–

0.1

– – – – –

– –

– – –

–

(0.1) (0.1)

–

Finance lease liabilities Sundry financial liabilities

0.2 0.1 0.7 1.0 0.1 0.1 1.7 1.7 0.1 3.7 0.1 0.3 1.8 0.7 0.1 1.7 4.7

– – – – – – – – – – – – – –

0.1

0.2 4.3 2.1 6.6 0.5 0.2 1.1 0.4 2.2 0.5 0.4 5.4 2.1 –

1.8

15.0

(12.6)

Long-term derivative instruments Total non-current financial liabilities

–

1.4 1.4

–

–

0.1

1.8 0.1

15.1

(12.8)

Bank borrowings

(0.6) (0.2) (1.0) (1.3) (3.1) (0.6) (0.2) (1.0) –

– – – – – – – – –

0.8 0.2

0.1 0.1 0.3

Finance lease liabilities Sundry financial liabilities

–

0.1

– – –

Bank overdrafts

– –

–

Short-term derivative instruments Total current financial liabilities

(0.1)

0.2 0.1

1.0 0.8 0.3

0.4

Bank borrowings

0.1

– –

Finance lease liabilities Sundry financial liabilities

–

1.9

15.0

(12.3)

Long-term derivative instruments Short-term derivative instruments

– –

– – –

1.4

– – –

–

– –

(0.1)

–

Bank overdrafts

(1.3) (3.1)

–

0.4 8.8

TOTAL

0.1

2.0 1.4

16.1 (12.4)

to “Other movements” primarily reflects the €11.9 million shareholder’s loan that the Group granted as part of the Radicon acquisition by taking over an existing shareholder’s loan (see Note 7 – Business combinations).

The €4.2 million increase in “Sundry financial liabilities” corresponds to the amount recognised on the acquisition of Radicon in relation to the loan granted to that company by its minority shareholder. The reclassification within this item from “Changes in scope of consolidation”

6

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ASSYSTEM

FINANCIAL REPORT 2015