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E
Financial
E.4
Consolidated financial statements
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A number of new standards and amendments to standards published in 2016 are effective for annual periods beginning after January 1,
2017 and earlier application is permitted. However, the Atos Group has not early applied the following new or amended standards in
preparing these consolidated statements.
standards
Newor amended
Summary of the requirements
Possible impact on consolidated financial statements
IFRS 9 Financial
Instruments
hedge accounting requirements. It also carries
forward the guidance on recognition and
derecognition of financial instruments from IAS 39.
revised guidance on the classification and
measurement of financial instruments, a new
expected credit loss model for calculating
impairment on financial assets, and new general
IFRS 9, published in July 2014, replaces the existing
guidance in IAS 39 Financial Instruments:
Recognition and Measurement. IFRS 9 includes
beginning on or after January 1, 2018, with early
adoption permitted.
IFRS 9 is effective for annual reporting periods
The Atos Group is expecting a limited impact on its
consolidated financial statements resulting from the
application of IFRS 9 given the nature of its
activities.
customers
from Contracts with
IFRS 15 Revenue
IAS 11 Construction Contracts and IFRIC 13
Customer Loyalty Programs.
IFRS 15 establishes a comprehensive framework for
determining whether, how much and when revenue
is recognized. It replaces existing revenue
recognition guidance, including IAS 18 Revenue,
adoption permitted.
IFRS 15 is effective for annual reporting periods
beginning on or after January 1, 2018, with early
Numérique taskforce working on the implementation
of their new standard in the IT sector.
Since 2015, the Group is taking part to a Syntec
transactions with customers to finally assess the
impact of the IFRS 15 implementation.
Atos Group is currently testing a sample of its most
representative typologies of contracts and
IFRS 16 Leases
accounting model for lessees. A lessee recognizes a
right-of-use asset representing its right to use the
underlying asset and a lease liability representing its
obligation to make lease payments.
IFRS 16 introduces a single on-balance sheet lease
Leases-Incentives and SIC-27 Evaluating the
Substance of Transactions Involving the Legal Form
of a Lease.
Leases, IFRIC 4 Determining whether an
Arrangement contains a Lease, SIC 15 Operating
IFRS 16 replaces existing leases guidance IAS 17
beginning on or after January 1, 2019, with early
adoption permitted.
The standard is effective for annual periods
the potential impact on its consolidated financial
statements.
The Atos Group has started an initial assessment of
have a significant impact on Atos Group’s consolidated financial
statements:
The following other standards, potentially applicable to the
Group consolidated financial statements, are not expected to
amendment to IFRS 2 Classification and Measurement of
•
Share-based Payment
amendment to IAS 7 Disclosure Initiative; and
•
Unrealized Losses.
amendment to IAS 12 Recognition of Deferred Tax Assets for
•
These consolidated financial statements are presented in euro,
which is the Group’s functional currency. All figures are
presented in € million with one decimal.
all years presented.
The policies set out below have been applied in consistency with