Atos - Registration Document 2016

H Appendix H.5

Full index

2017 objectives E.2 Financial review E.3

133 134 134 134 135 136 136 136 136 137

Income statement

E.3.1

Operating margin

Other operating income and expenses

Net financial expense

Corporate tax

Non-controlling interests Normalized net income

Earnings per share

Cash Flow E.3.2

139

Financing policy E.3.3

140

Financing structure E.3.3.1 Bank covenants E.3.3.2 Investment policy E.3.3.3 Hedging policy E.3.3.4

140 141 141 141 142

Consolidated financial statements E.4

Consolidated income statement E.4.2

144

Consolidated statement of comprehensive income E.4.3

145

Consolidated statement of financial position E.4.4

146

Consolidated cash flow statement E.4.5

147

Consolidated statement of changes in shareholders’ equity E.4.6

148

Notes to the consolidated financial statements E.4.7

150

Basis of preparation and significant accounting policies E.4.7.2

151 160 161 204 209 209 210 210

Financial risk management E.4.7.3

Notes to the consolidated financial statements E.4.7.4

Parent company summary financial statements E.5

Atos SE Financial statement E.5.3

Balance sheet E.5.3.1 Income statement E.5.3.2

Notes to the Atos SE statutory financial statements E.5.4

Atos SE financial summary for the last five years E.5.5

226

F Risks analysis

227

External risk factors

228 228

F.1

Themarket

F.1.1

Country risks

228

F.1.2

Environmental risks

228

F.1.3

Clients

228

F.1.4

Suppliers

229

F.1.5

Partnerships and subcontractors

229

F.1.6

Counterparty risk

229

F.1.7

Business risks

230 230

F.2

Innovation and newofferings

F.2.1

Technology and IT risks F.2.2

230

Risks related to contracts and project performance

231

F.2.3

Acquisition / External growth risk F.2.4

231

Trusted partner for your Digital Journey

326