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7
Organizational Chart
Subsidiaries and Equity Investments
75
Worldline
2016 Registration Document
Subsidiaries and Equity Investments
7.2
Major Subsidiaries
7.2.1
The Company’s principal direct and indirect subsidiaries are
described below. None of the Company’s subsidiaries is a listed
company.
under the laws of the Netherlands (Europese naamloze
vennootschap), having its official seat (statutaire zetel) in Utrecht,
equensWorldline
is a European public company incorporated
and mobile payment solutions.
Utrecht, the Netherlands, registered with the Dutch Trade
Register of the Chamber of Commerce under number
the Netherlands, and its office at Eendrachtlaan 315, 3526 LB
equensWorldline’s share capital, with the remainder being held
by 5 European financial institutions (ABN Amro, DZ Bank, ICBPI,
30220519, with a share capital of €
400,000,000. The
Company
holds
directly
and
indirectly
63.6%
of
intra- and interbank processing) and innovative e-commerce
ING and Rabobank). equensWorldline’s main business activities
combine traditional mass payment systems (issuing, acquiring,
(société anonyme) with share capital of €
136,012,000. Its
registered office is located at chaussée de Haecht 1442, 1130
Worldline NV/SA
is a Belgian limited liability corporation
or indirectly holds 100% of Worldline NV/SA’s share capital and
voting rights (99.99% is held directly by the Company, with Atos
Brussels, Belgium, and it is registered with the Belgian Trade
Registry under number BE 0418 547 872. The Company directly
Participation 1 SA, a wholly-owned subsidiary of the Company,
holding one share). Worldline NV/SA’s main business activity is
designing, producing and operating IT products relating in
solutions, monitoring physical access and logistics, electronic
payments, and loyalty programs.
particular to payment systems and payment-system
management, developing and marketing of e-Commerce
providing information technology services including software
consulting, development, sales and operation.
indirectly holds 100% of Worldline GmbH’s share capital and
voting rights. Worldline GmbH’s main business activity is
€
1,688,000. Its registered office is located at Hahnstrasse 25,
Frankfurt, D-60528, Germany, and it is registered with the Trade
Worldline GmbH
is a German limited liability company
(Gesellschaft mit beschränkter Haftung) with share capital of
Registry in the jurisdiction of the Court of First Instance of
Frankfurt-am-Main (Handelsregister B des Amtsgerichts
Frankfurt am Main) under number HRB 40417. The Company
transportation industry), as well as managing payment cards.
UK Limited’s main business activity is designing, implementing
and operating payment systems (principally for the
is located at 4 Triton Square, Regent’s Place NW1 3HG London,
United Kingdom, and it is registered with the Registrar of
Worldline IT Services UK Limited
is an English limited liability
company with share capital of £43,000,100. Its registered office
Company indirectly holds 100% of Worldline IT Services UK
Limited’s share capital and voting rights. Worldline IT Services
Companies of England and Wales under number 8514184. The
is registered with the Luxembourg Trade and Companies
rights. The business activity of Worldline Luxembourg SA
comprises buying, selling and marketing software and
Register under number
79.303. The Company directly holds
100% of Worldline Luxembourg SA’s share capital and voting
respect to management of companies, information systems and
information technology; holding and managing international
information systems and providing services and documentation
relating to such products; providing services and consulting with
equity investments; and holding and promoting the Worldline
trademark.
Worldline Luxembourg SA
is a Luxembourg limited liability
Bové, L-1253 Luxembourg, Grand Duchy of Luxembourg, and it
corporation (société anonyme) with share capital of
€
33,819,450. Its registered office is located at 2A, rue Nicolas
Certain members of the management of these subsidiaries hold
information about these roles.
positions within the Company. Please see Section
14.1,
“Composition of management and supervisory bodies” for more
See Chapter
19, “Related Party Transactions” for a description of
the various agreements that have been entered into between
Group entities.
KEYFINANCIALDATAOFTHE PRINCIPALOPERATING SUBSIDIARIES
ended December
31, 2016 and 2015 (contribution to IFRS
consolidated data).
The table below provides key financial data concerning the
Group’s principal operating subsidiaries for the fiscal years
Revenue
Net Income
Total Assets
(in € million)
2016
2015
2016
2015
2016
2015
Worldline NV/SA
330.8
327.5
89.3
40.1
1,062.1
855.9
Worldline GMBH
111.0
119.1
-0.9
3.1
76.0
90.4
Worldline IT Services UK Ltd
124.0
161.4
-3.1
6.3
105.4
120.1
Worldline Luxembourg SA
0.0
0.0
18.7
16.1
213.5
208.4
EquensWorldline SE
136.7
NA
8.0
NA
930.7
NA