Assystem - 2015 Registration Document

FINANCIAL STATEMENTS

CONSOLIDATED FINANCIAL STATEMENTS

Deferred tax assets

Discounting of receivables and payables

Provision for statutory retirement bonuses

Depreciation, amortisation and provisions

Employee profit- sharing

Derivative instruments

Tax loss carryforwards

Other

Total

In millions of euros

At 1 January 2014

1.2

4.8

1.5

0.2

–

1.0

0.3

9.0

Year-on-year changes recognised in the income statement Deferred taxes recognised in other comprehensive income

(1.0)

0.7

0.5

1.2

–

(0.3)

1.0

2.1

–

2.1 7.6

–

–

– – –

–

2.1

At 31 December 2014

0.2

2.0

1.4 1.0

0.7

1.3

13.2

Effect of changes in scope of consolidation

–

–

–

–

–

1.0

Year-on-year changes recognised in the income statement Deferred taxes recognised in other comprehensive income Currency translation differences

0.4

(0.4)

(0.5)

(0.3)

0.5

(0.1)

(0.6)

(1.0)

– – –

(1.2)

– – –

–

(0.1)

– – –

– – –

(1.3)

– –

0.1

–

0.1 0.3

Other

–

0.3 0.7

AT 31 DECEMBER 2015

0.6

6.0

1.5

2.2

0.6

0.7 12.3

Deferred tax liabilities

Revenue recognition by stage of completion

Fair value of property

Ornane restatement

Treasury shares

Other

Total

In millions of euros

At 1 January 2014

0.6

0.2 0.1 0.3

0.9

1.3

0.2 0.2 0.4

3.2

Year-on-year changes recognised in the income statement

–

(0.4)

(0.9)

(1.0)

At 31 December 2014

0.6

0.5 0.2

0.4

2.2

Year-on-year changes recognised in the income statement

– – –

(0.3)

(0.1)

– – –

(0.2) (0.5) 0.3 1.8

Deferred taxes recognised in equity

–

(0.5)

– –

Other

0.3 0.3

–

AT 31 DECEMBER 2015

0.6

0.2

0.3

0.4

6

Unrecognised deferred tax asset bases Deductible temporary differences, unused tax losses and unused tax credits whose recoverability is probable broke down as follows at 31 December 2015 and 2014:

31/12/2015

31/12/2014

In millions of euros

Tax losses

8.3 0.7 9.0

7.3 2.7

Temporary differences

TOTAL

10.0

The potential tax savings relating to tax losses and temporary differences for which no deferred tax assets have been recognised amounted to €0.7 million at 31 December 2015.

113

ASSYSTEM

FINANCIAL REPORT 2015