Assystem - 2015 Registration Document

FINANCIAL STATEMENTS

PARENT COMPANY FINANCIAL STATEMENTS

INCOME TAX

NOTE 20

Before tax

Tax

After tax

In thousands of euros

Profit from recurring operations Net non-recurring expense

93,864 (5,966) 87,898

13,540 (18,855) (5,315)

80,324 12,889 93,213

Profit for the period

Analysis of income tax The breakdown of income tax between the portion related to profit from recurring operations and the portion related to non-recurring items was determined by applying a theoretical income tax rate of 38% to profit for the period. The effect of tax consolidation has been included in the portion related to non-recurring items. Tax consolidation Assystem is the head of a tax group that includes the following entities: Assystem France, Assystem Engineering and Operation Services, SCI

Pont Noir, Assystem Régions, ASG, Athos Aéronautique, Assystem International, Insiema, Assystem Expert, Extra Capital, Holistia, Assystem Avenir, Assystem Investissements and Sud Aviation Services. Under the tax consolidation agreement, the methods for calculating the income tax due by each entity in the tax group are determined based on the applicable tax rules in force at the reporting date and as if each entity were taxed on a stand-alone basis. In 2015 Assystem SA recognised a 10.70% exceptional tax contribution which is determined based on the amount of income tax due by the tax group as the tax group’s revenue exceeded €250 million.

Deferred taxes

Deferred tax liabilities (calculated at a rate of 38%) (in thousands of euros)

2015 tax base

Amount of tax

Deferred charges

– –

– –

TOTAL DEFERRED TAX LIABILITIES

Deferred tax assets (calculated at a rate of 38%)

2015 tax base

Amount of tax

C3S corporate social solidarity contribution payable

1

–

Unrealised foreign exchange gains Provisions for impairment in value

672 189

255

72 33 87

Acquisition-related expenses

86

Other expenses

230

6

TOTAL DEFERRED TAX ASSETS

1,178

448

147

ASSYSTEM

FINANCIAL REPORT 2015