CAPGEMINI_REGISTRATION_DOCUMENT_2017

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FINANCIAL INFORMATION

4.2 Consolidated Financial Statements

Financial instrument classification and fair value hierarchy The following table presents the net carrying amount of financial assets and liabilities and the fair value of financial instruments broken down according to the three{classification levels defined above (except for financial instruments where the net carrying amount represents a reasonable approximation of fair value).

Net carrying amount

Fair value

Amortized cost

December{31, 2017 (in millions of euros)

Note

Fair value

Level{1

Level{2

Level{3

Financial assets Shares in non-consolidated companies and associates Long-term deposits, receivables and other investments

18

4

4

18 18

124 130

Other non-current assets

Current and non-current asset derivative instruments

18-20

174

174

Accounts and notes receivables

19 20 21 21

3,265

Other current assets

536

Cash management assets

168

168

Cash and cash equivalents

1,988

1,988

{ Financial liabilities Bonds

21 21

3,264

Obligations under finance leases

87

Draw-downs on bank and similar facilities and other borrowings, net

21 26

21

Other current and non-current liabilities

374

Current and non-current liability derivative instruments

26 27 21

18

18

Accounts and notes payable

2,837

Bank overdrafts

-

-

Other non-current assets

At December{31 (in millions of euros)

Note

2016

2017

Long-term deposits, receivables and other investments

119 120

124

Derivative instruments

23

53 72 62

Non-current tax receivables

83 52

Other

OTHER NON-CURRENT ASSETS

374

311

22

Long-term deposits, receivables and other investments consist mainly of aides à la construction (building aid program) loans and security deposits and guarantees relating to leases. Derivative instruments primarily consist of the fair value of derivative instruments contracted as part of the centralized

management of currency risk in the amount of €53{million (current portion of €110{million, see Note{20 - Other current assets). At December{31, 2017, “Non-current tax receivables” include research tax credit receivables and competitiveness and employment tax credit receivables in France in the amount of €54{million (€56{million as of December{31, 2016).

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REGISTRATION DOCUMENT 2017 — CAPGEMINI