Atos - Registration Document 2016

E Financial

E.4

Consolidated financial statements

in the compartment “OFF” € 41.5 million receivables which • associated with the receivables were transferred. qualify for de-recognition as substantially all risks and rewards

of December 2015. DSO has been positively impacted by the The DSO ratio reached 30 days compared to 32 days at the end contracts by 16 days compared to 13 days in December 2015. implementation of financial arrangements on large customer

Ageing of net receivables past due

December 31, 2015

December 31, 2016

(In € million)

1-30 days overdue 31-60 days overdue

90.4 27.5 70.9

76.8 29.6 57.3

Beyond 60 days overdue

TOTAL

188.8

163.7

Movement in provision for doubtful debts

December 31, 2015

December 31, 2016

(In € million)

Balance at beginning of the year Impairment losses recognized Amounts written off as uncollectible Impairment losses reversed Impact of business combination Reclassification and exchange differences

-109.5

-113.3

-17.1

-28.8

15.1

32.9

6.0

1.9

-22.9

-3.0

5.9

0.8

Balance at end of the year

-122.5

-109.5

E

Other current assets

Note 16

December 31, 2015

December 31, 2016

(In € million)

Inventories

52.8

59.9

State - VAT receivables

176.4 425.6 447.3

149.7 310.5 342.5

Prepaid expenses

Other receivables & current assets

Advance payment

35.1

6.3

TOTAL

1,137.2

868.9

Atos | Registration Document 2016

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