Atos - Registration Document 2016

E Financial E.4

Consolidated financial statements

Deferred taxes

Note 8

12months ended December 31, 2015

12months ended December 31, 2016

(In € million)

Deferred tax assets Deferred tax liabilities

412.3 100.6

442.4

70.0

NET DEFERRED TAX

311.7

372.4

Breakdown of deferred tax assets and liabilities by nature

carry forward Tax losses

Intangible assets recognized as part of PPA Fixed assets Pensions

Other

Total

(In € million)

At January 1, 2015

200.6

-129.4

77.3 247.6 -42.8 353.3 -3.3 -10.0 -23.5 10.6

Charge to profit or loss for the year

24.5

22.9

Change of scope Charge to equity Reclassification

1.2

0.2

0.4

2.1 17.6 21.5

-

-

-

-33.9

-2.6 -36.5

6.7 2.9

2.1

11.8

-8.7

-2.5

9.4

Exchange differences

-0.6

8.0

3.3

0.6 14.2

At December 31, 2015

235.9

-104.8

94.2 200.4 -53.2 372.5

Charge to profit or loss for the year

42.5 -2.1

23.1

1.7

-8.7 -118.4 -59.8

Change of scope Charge to equity Reclassification

-68.3

-36.4 31.5 20.4 -54.9

0.6 2.6 3.0

- -

-

68.4

4.9 73.9

-0.4

-

-0.7

1.5

Exchange differences

-3.6

-15.5

-2.5

-2.9 -21.5

AT DECEMBER 31, 2016

282.5

-153.6

43.6 289.1 -149.9 311.7

Tax losses carry forward schedule (basis)

12months ended December 31, 2015

12months endedDecember 31, 2016

Recognized Unrecognized

Total

Recognized Unrecognized

Total

(In € million)

2016 2017 2018 2019 2020

-

-

-

11.7

-

11.7

7.1 1.9

3.1 2.4 4.7 9.7

10.2

1.2 5.0

2.1 2.0

3.3 7.0

4.3

10.3

15.0

11.7

12.3

24.0

-

9.7

-

-

-

Tax losses available for carry forward for 5 years and more

201.2

82.0

283.3

186.3

55.5

241.8

Ordinary tax losses carry forward

220.4

101.9

322.4

215.9

71.9

287.8

Evergreen tax losses carry forward

705.4 2,863.3 3,568.7

575.7 2,216.7 2,792.4

TOTAL TAX LOSSES CARRY FORWARD

925.8 2,965.2 3,891.1

791.6 2,288.6 3,080.2

Netherlands (€ 165.2 million), the United Kingdom (€ 148.9 million), Brazil (€ 136.4 million), the United States (€ 105.2 million), Spain (€ 86.6 million), Austria (€ 82.8 million), and Italy (€ 50.5 million). The countries with the largest tax losses available for carry forward were France (€ 1,964.4 million), Germany (€ 997.8 million), The

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