CAPGEMINI_REGISTRATION_DOCUMENT_2017

4

FINANCIAL INFORMATION

4.2 Consolidated Financial Statements

Unrecognized deferred tax assets

At December{31 (in millions of euros)

2016

2017

Deferred tax on tax loss carry-forwards

660

228

Deferred tax on other temporary differences

38

6

UNRECOGNIZED DEFERRED TAX ASSETS

698

234

Expiry dates of tax loss carry-forwards (taxable base)

2016

2017

At December{31 (in millions of euros)

Amount

%

Amount

%

Between 1{and 5{years

51

1

41

1

Between 6{and 10{years

1,388 1,071

32 25

1,256

35 24

Between 11{and 15{years

835 112

Beyond 15{years (definite expiry date)

257

6

3

Carried forward indefinitely

1,529

36

1,337

37

TAX LOSS CARRY-FORWARDS (taxable base)

4,296

100

3,581

100

o/w recognized tax losses

2,433

57

2,856

80

Deferred tax liabilities Deferred tax liabilities and movements therein break down as follows:

Tax-deductible goodwill amortization

Other taxable temporary differences

Customer relationships

Total deferred tax liabilities

Note

in{millions of euros

At January{1, 2016

64

71

86

221

Business combinations

-

-

- -

-

Translation adjustments

2 1

2

4

Deferred tax recognized in the Income Statement Deferred tax recorded in income and expense recognized in equity

10

(8)

5

(2)

- -

-

1

1 3

Other movements

(7)

10

At December{31, 2016

67

58

102

227

Business combinations

-

2

-

2

Translation adjustments

(5)

(7) (7)

(4) (5)

(16) (22)

Deferred tax recognized in the Income Statement Deferred tax recorded in income and expense recognized in equity

10

(10)

-

-

1

1

Other movements including offset with deferred tax assets

(2)

-

(18)

(20)

AT DECEMBER{31, 2017

50

46

76

172

216

REGISTRATION DOCUMENT 2017 — CAPGEMINI