228 / 354
20
Financial Information concerning the Group’s Assets and Liabilities, Financial Condition andResults
Parent Company summary financial statements
228
Worldline
2016 Registration Document
Trade accounts, notes payable and other liabilities
Note
11
(in €
thousand)
Gross amount
December 31,
2016
Gross amount
December 31,
2015
Accounts payable
78,528
75,025
Personnel
22,407
29,171
Social security and other employee welfare liabilities
21,630
31,769
VAT payable
14,918
21,593
Intercompany current account liabilities
3,936
6,642
Other liabilities
5,680
5,636
Total
147,099
169,834
Maturity of accounts payable is up to one year.
ACCRUEDLIABILITIES
(in €
thousand)
December 31, 2016
December 31, 2015
Invoices to be received
56,290
51,932
State and employee related liabilities
28,381
45,061
Other accrued liabilities
3,026
3,757
Total
87,697
100,750
Deferred incomes
Note
12
At the end of 2016, deferred incomes reach € 12.4 million and mainly relates to timing difference on project revenue versus invoicing.
Revenue
Note
13
REVENUE SPLIT
December 31, 2016
December 31, 2015
(in €
thousand)
%
%
Merchant Services & Terminals
75,468
17.4%
74,671
16.2%
Financial Processing & Software Licensing
109,010
25.1% 143,417
31.1%
Mobility & e-Transactional Services
203,331
46.8% 209,786
45.5%
Other revenue from Group services
46,970
10.8%
33,062
7.2%
Total revenue by Global Business Lines
434,779
100% 460,936
100%
France
373,087
85.8% 410,234
89.0%
Foreign countries
61,692
14.2%
50,702
11.0%
Total revenue by geographical area
434,779
100% 460,936
100%
Revenue decreased from 5,67% due to:
The sale of the Financial Services activities of the Company
●
to EquensWorldline SE on September
30, 2016;
The termination of the Automated Traffic Offence
●
RADAR contract) in June
2016.
Management contract with the French government (the
Other revenue refers mainly to the revenue performed with the
other entities of the Worldline Group.