Assystem - Registration Document 2016

90 / 186

FINANCIAL STATEMENTS 6 CONSOLIDATED FINANCIAL STATEMENTS
3.1 Scope of consolidation
Assystem SA’s main subsidiaries included in the scope of consolidation were as follows at 31 December 2016:
Company name Country
Registration
numer
Percentage
interest
Consolidation
method
French companies
Assystem SA France 412076937 Parent FC
Assystem EOS France 444159164 100 FC
Assystem Expert France 509768917 100 FC
Assystem France France 322118605 100 FC
Assystem Régions France 352268973 100 FC
Athos Aéronautique France 415173210 100 FC
Insiema France 572004372 100 FC
MPH Global Services France 499137610 100 FC
SCI du Pont Noir France 309112381 100 FC
International companies
Assystem GmbH Germany – 100 FC
Silver Atena Electronic Systems Engineering GmbH Germany – 100 FC
Berner & Mattner Systemtechnik GmbH Germany – 100 FC
Radicon Saudi Arabia – 75 FC
Assystem Romania Romania – 100 FC
Assystem UK and subsidiaries United Kingdom – 100 FC
Assystem Technology India Private Limited India – 100 FC
MPH Consulting Services DMCC Dubai – 100 FC
FC: Fully consolidated.
3.2 Business combinations
Business combinations which occurred between 1 January 2004 and 31 December 2009 were recognised in accordance with the
requirements of the previous version of IFRS 3.
Since 1 January 2010, business combinations have been recognised based on the requirements of the revised version of IFRS 3 (IFRS 3R).
In accordance with IFRS 3R, when an entity over which the Group exercises exclusive control is consolidated for the first time:
● the identifiable assets acquired and liabilities assumed are measured at fair value on the date when control is transferred to the Group.
When the Group acquires a business, it assesses the assets and liabilities (including client contracts and portfolios) for appropriate
classification and designation;
● any non-controlling interest in the acquiree is recognised on an acquisition-by-acquisition basis, either at fair value or at the non-
controlling interest’s proportionate share of the recognised amounts of the identifiable net assets of the acquiree.
At the date of a business combination, goodwill is measured as the excess of:
● the fair value of the consideration transferred, the amount of any non-controlling interests in the acquiree, and, for a business
combination achieved in stages, the acquisition-date fair value of any equity interest previously held in the acquiree, over;
● the acquisition-date fair value of the identifiable net assets acquired.
For each business combination, the Group elects whether to measure the non-controlling interests in the acquiree at fair value (“full
goodwill method”) or at the proportionate share of the acquiree’s identifiable net assets (“partial goodwill method”).
The initial accounting for business combinations must be completed within one year of the acquisition date (the “measurement period”).
During this measurement period, the Group retrospectively adjusts the provisional amounts recognised at the acquisition date to reflect
any new information obtained about facts and circumstances that existed as of the acquisition date and, if known, would have affected
the measurement of the amounts recognised as of that date.
Any gain on a bargain purchase (negative goodwill) is recognised in profit immediately.
ASSYSTEM REGISTRATION DOCUMENT 2016 90