Atos - Registration Document 2016

E Financial E.4

Consolidated financial statements

Consolidated financial statements E.4

Statutory auditors’ report on the consolidated financial statements for the

E.4.1

year ended December 31, 2016

This is a free translation into English of the statutory auditors’ report on the consolidated financial statements issued in the French language and it is provided solely for the convenience of English speaking users. The statutory auditors’ report includes information specifically required by French law in such reports, whether modified or not. This information is presented below the audit opinion on the consolidated financial statements and includes an explanatory paragraph individual account captions or on information taken outside of the consolidated financial statements. discussing the auditors’ assessments of certain significant accounting and auditing matters. These assessments were made for the purpose of issuing an audit opinion on the consolidated financial statements taken as a whole and not to provide separate assurance on

This report also includes information relating to the specific verification of information given in the management report.

applicable in France. This report should be read in conjunction with, and is construed in accordance with, French law and professional auditing standards To the Shareholders,

the justification of our assessments; • the specific verification required by law. •

In compliance with the assignment entrusted to us by your Annual General Meetings, we hereby report to you, for the year ended December 31, 2016, on: the audit of the accompanying consolidated financial • statements of Atos SE;

These consolidated financial statements have been approved by the Board of Directors. Our role is to express an opinion on these consolidated financial statements based on our audit.

I. Opinion on the consolidated financial statements

audit evidence about the amounts and disclosures in the consolidated financial statements. An audit also includes using sampling techniques or other selection methods, to obtain assessing the accounting principles used and significant estimates made, as well as evaluating the overall presentation of whether the consolidated financial statements are free of material misstatement. An audit involves performing procedures, standards applicable in France. Those standards require that we plan and perform the audit to obtain reasonable assurance about We conducted our audit in accordance with professional justification of our assessments, we bring to your attention the following matters: French Commercial Code (Code de commerce) relating to the In accordance with the requirements of article L. 823-9 of the As described in Note 1 of section E.4.7.4 to the consolidated • financial statements, the acquisitions of Unify, equensWorldline (formerly Equens), Paysquare and Anthelio were recognized in accordance with IFRS 3 revised; as a result, the purchase prices were allocated to the identifiable assets and liabilities of the acquired entities, based on their determine the fair value of intangible assets. Our procedures mainly consisted in analyzing the independent appraisers’ Accordingly, the Company hired independent appraisers to report, familiarizing ourselves with the measurement data and methods used, assessing the appropriateness of the assumptions, and verifying the consistency of the discount rate calculation method with that used for the impairment II. Justification of our assessments fair value.

the consolidated financial statements. We believe that the audit evidence we have obtained is sufficient and appropriate to

provide a basis for our opinion.

with International Financial Reporting Standards as adopted by the opean Union. position of the Group as at December 31, 2016 and of the results of its operations for the year then ended in accordance and fair view of the assets and liabilities and of the financial In our opinion, the consolidated financial statements give a true

in assessing the methodology implemented and the assumptions on which these estimates were based and identifiable assets and liabilities was determined on a provisional basis by the Company. Our work mainly consisted reviewing, on a sampling basis, the calculations performed by the Company. Based on these procedures, we assessed the Furthermore, the allocation of the purchase prices to the other reasonableness of such estimates and the appropriateness of the disclosure in the notes. preparation of the consolidated financial statements requires As specified in the “Accounting estimates and judgments” note • in section E.4.7.2 of the consolidated financial statements, the income and expenses in the financial statements and disclosures of contingent assets and liabilities as of the management to make judgments, estimates and assumptions that affect the reported amounts of assets and liabilities, balance sheet date. This note specifies that the estimates, assumptions and judgments, which may result in a significant adjustment to the carrying amounts of assets and liabilities, mainly relate to:

tests.

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