Assystem - 2015 Registration Document

6

FINANCIAL STATEMENTS

CONSOLIDATED FINANCIAL STATEMENTS

OFF-BALANCE SHEET COMMITMENTS

NOTE 37

At 31 December 2015, Management considered that there were no existing commitments, other than those described below, that would be likely to have a material impact on the current or future financial position of the Assystem Group.

Operating leases The table below shows minimum future lease payments due under non-cancellable leases:

Due in less than 1 year

Due in 1 to 5 years

Due beyond 5 years

Total

In millions of euros

Minimum future lease payments at 31 December 2015

14.8 10.6

30.9 24.7

4.0 4.0

49.7 39.3 10.4 51.5 41.1 10.4

Real estate

Other

4.2

6.2

–

Minimum future lease payments at 31 December 2014

17.6 11.9

28.7 24.0

5.2 5.2

Real estate

Other

5.7

4.7

–

Other commitments

Commitments given

Commitments received Guarantees given for payments relating to the sale of securities

Deposits, guarantees and sureties

Deposits, guarantees and sureties

Unused credit facilities

Collateral

In millions of euros Holding company

6.7 2.3 0.2 2.0 2.8 0.1 –

– – – – – – – –

– – – – –

– – – – – – – –

120.0

France Spain

– –

United Kingdom

13.2

Germany

– – –

AMEA Other TOTAL

1.4

–

14.1

1.4

133.2

RELATED PARTY INFORMATION

NOTE 38

The Group classifies its related parties into three categories: ● members of Assystem’s Board of Directors who are corporate officers of Assystem SA (executive directors);

● HDL Development, which owns 61.87% of Assystem’s exercisable voting rights and provides the Group with business management services;

● Radicon’s minority shareholder (other related party).

Transactions with related parties break down as follows:

Remuneration and benefits granted to executive directors

2015

2014

In millions of euros

Salaries and other short-term benefits ( * )

(0.9) (0.2)

(0.7) (0.1) (0.2) (1.0)

Directors’ fees

Share-based payment

–

TOTAL

(1.1)

(*) This corresponds to the direct remuneration (including payroll taxes) paid to the members of the Board of Directors in their capacity as executive directors.

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ASSYSTEM

FINANCIAL REPORT 2015