ASSYSTEM_Registration_Document_2017
FINANCIAL STATEMENTS PARENT COMPANY FINANCIAL STATEMENTS
3.2 Long-term investments Movements in long-term investments were as follows:
Gross value at beginning of year Increase in gross value Decrease in gross value Gross value at year-end
In thousands of euros
Shares in subsidiaries and affiliates (1) Loans to subsidiaries and affiliates (2)
364,289 39,522
211,678
225,871 15,991
350,096 29,551
6,020
Deposits and guarantees
11
-
2
9
Convertible bonds (including accrued interest)
-
63,616
-
63,616
Treasury shares
22,728
2,239
18,602
6,365
Total
426,550
283,553
260,466
449,637
(1) Increases in the gross value of shares in subsidiaries and affiliates reflect: • the acquisition from HDL Development of all of the shares in Assystem Conseils (€3 thousand); • the acquisition of a 60% interest in Plast Concept (€3,679 thousand); • the purchase of new shares issued by Assystem Energy Infrastructure Ltd UK, paid up in cash (€5,514 thousand); • the purchase of new shares issued by Assystem Technologies Belgium (€365 thousand); • the purchase of new shares issued by Assystem Technologies Switzerland (€696 thousand); • the purchase of Assystem Technologies Groupe shares (€62,140 thousand); • the acquisition of all of the shares in The Biotech Quality Group (€10,905 thousand); • the acquisition of a 5% interest in Framatome (€123,726 thousand); • the acquisition from Assystem EOS of a 15.14% interest in MPH Global Services SAS (€4,650 thousand).
The full amount of the €225,871 thousand in decreases in the gross value of shares in subsidiaries and affiliates was due to the sale of shares in the entities making up the GPS division (Assystem Deutschland, Assystem Iberia, Assystem Portugal, Assystem Canada, Assystem France, Assystem Romania, Assystem UK, Assystem International, Assystem India, Silver Atena UK Ltd, Assystem Technologies, Assystem US, Vista Technologie, Assystem Maroc, Assystem Talent International Management, Plast Concept, Assystem Technologies Belgium, Assystem Technologies Switzerland and Assystem Shanghai). (2) During the year, €6,020 thousand worth of loans were granted to the Company’s subsidiaries: • the total amount of loan repayments in 2017 came to €15,991 thousand; • all of the loans granted to GPS entities were repaid; • the amounts shown above were translated into euros using the exchange rates prevailing on the inception dates of the loans. The impact of translating these loans using year-end exchange rates corresponded to an aggregate €878 thousand.
The table below shows a summary of movements in treasury shares during 2017:
Number of shares
Value
In thousands of euros
Number of treasury shares at 31 December 2016
1,068,442 71,465 (78,254) (2,500) (550,000)
22,728 2,239 (1,574)
Purchases (liquidity contract) Sales (liquidity contract) Deliveries of free shares
(51)
Cancellations
(12,667)
6
509,153
10,675
Number of treasury shares at 31 December 2017 (1)
(1) Including €6,365 thousand recorded in “Long-term investments” and €4,310 thousand in “Marketable securities”.
3.3
Change in depreciation and amortisation
Amount at beginning of year
Amount at year-end
Increases
Decreases
In thousands of euros Amortisation Other intangible assets
671 671
27 27
-
698 698
Sub-total
-
Depreciation Buildings on own land
1,884
-
- - - - -
1,884
Other buildings, fixtures and fittings
378 602 527
32 90 36
410 692 563
General fixtures
Furniture, IT and office equipment
Sub-total
3,391 4,062
158 185
3,549 4,247
Total
-
149
ASSYSTEM
REGISTRATION DOCUMENT 2017
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