Assystem - 2015 Registration Document

FINANCIAL STATEMENTS

CONSOLIDATED FINANCIAL STATEMENTS

Share-based payment expense Share-based payment expense for 2015 and 2014 was as follows:

2015

2014

In millions of euros

Share-based payment expense

(0.3)

(0.7)

The fair value of free shares awarded with or without performance conditions was as follows:

2015

2014

Weighted average fair value of free shares awarded during the year (in euros per share)

19.40

22.17

SEGMENT REPORTING

NOTE 27

Operating segments are components of the Group about which separate financial information is available that is evaluated regularly by Group management in deciding how to allocate resources and in assessing performance. The Group now has three operating segments: Global Product Solutions (outsourced R&D), Energy & Infrastructure (complex infrastructure and engineering) and Staffing (worldwide assignment of consultants specialised in Oil & Gas and other industrial sectors). The main accounting policies used for operating segments are as follows: ● each segment has its own resources and may share certain resources with other segments to create synergies. This sharing takes the form of a reallocation of costs or by contractual relations between different legal entities;

● management costs that are directly attributable to these three operating segments are allocated to each segment concerned; ● the indicator, “EBITA including share of profit of equity-accounted investees”, excludes non-recurring income and expenses. Assets allocated by operating segment and geographic region correspond to operating assets used by each region in its operating activities and which are directly attributable to the segment or can be allocated to the segment on a reasonable basis. These assets do not include investment property, available-for-sale financial assets, other non-current financial assets, deferred tax assets, income tax receivable, other current financial assets, or cash and cash equivalents.

6

117

ASSYSTEM

FINANCIAL REPORT 2015