Assystem - 2015 Registration Document

FINANCIAL STATEMENTS

CONSOLIDATED FINANCIAL STATEMENTS

EARNINGS PER SHARE

NOTE 35

Basic earnings per share Basic earnings per share is calculated by dividing profit for the period attributable to owners of the parent by the weighted average number of ordinary shares outstanding during the period, excluding treasury shares.

As specified in the Odirnane indenture, Assystem SA is required to pay coupons on the Odirnane bonds when it pays a dividend. Consequently, for the purpose of calculating basic earnings per share, profit for the period attributable to owners of the parent is adjusted to exclude the Odirnane coupons.

2015

2014

Profit attributable to owners of the parent

27.2 (7.2) 20.0

21.8 (3.3) 18.5

Coupons on Odirnane bonds (convertible into shares) Basic earnings attributable to owners of the parent

Weighted average number of ordinary shares outstanding during the year

21,595,143

20,751,174

BASIC EARNINGS PER SHARE (in euros)

0.93

0.89

Diluted earnings per share Diluted earnings per share is determined by adjusting the weighted average number of ordinary shares outstanding during the period for the impact of all dilutive potential ordinary shares. Dilutive potential ordinary shares correspond to: ● free share awards with or without performance conditions;

to be the same as basic earnings per share, i.e. €0.93 and €0.89 respectively. The Group’s potentially dilutive instruments are as follows: ● all free shares with or without performance conditions that have not yet been delivered, representing 39,150 shares (see Note 26 – Share-based payment); ● shares issued to redeem the Ornane bonds, representing 1,259,555 shares based on a conversion ratio of 1.02 shares for one bond; ● shares issued to redeem the Odirnane bonds, representing 5,602,240 shares based on a conversion ratio of one share for one bond.

● redemption of the Ornane bonds in shares; ● redemption of the Odirnane bonds in shares.

In 2015 and 2014 diluted earnings per share would have been higher than basic earnings per share. Consequently, in accordance with IAS 33, diluted earnings per share for these two years is considered

6

DIVIDEND PER SHARE

NOTE 36

2016 *

2015

2014

Date of dividend payout from prior-year profit

By 30/06/2016 23/06/2015 26/06/2014

Date on which dividend payout on prior-year profit was proposed to shareholders at the AGM Total dividend (in millions of euros) paid out from prior-year profit * Dividend per share (in euros) paid out from prior-year profit

24/05/2016 22/05/2015 22/05/2014

NC

16.2 0.75

9.9

0.80

0.45

* Subject to shareholder approval at the AGM.

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ASSYSTEM

FINANCIAL REPORT 2015