Atos - Registration Document 2016

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E
Financial
E.4 Consolidated financial statements
Atos | Registration Document 2016
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E
Other operating income and expenses [G4-EC1] Note 5
€ 290.8 million in 2016. The following table presents this amount by nature:
Other operating income and expenses relate to income and expenses that are unusual and infrequent and represented a net expense of
(In € million) December 31, 2016
12months ended
December 31, 2015*
12months ended
Staff reorganization -92.1 -96.3
Rationalization and associated costs -42.3 -41.8
Integration and acquisition costs -32.5 -51.8
Amortization of intangible assets (PPA from acquisitions) -95.9 -71.9
Equity based compensation -49.9 -33.3
Other items 21.9 -32.6
TOTAL -290.8 -327.7
December 31, 2015 adjusted to reflect change in presentation disclosed in “Basis of preparation and significant accounting policies”. *
Germany, Iberia, North America and the United Kingdom.
several countries such as Central & Eastern Europe, France,
the consequence of the adaptation of the Group workforce in
The € 92.1 million staff reorganization expense was mainly
America (€ 8.9 million) and Central & Eastern Europe
centers consolidation, mainly in Germany (€ 11.7 million), North
primarily resulted from the closure of office premises and data
The € 42.3 million rationalization and associated costs
(€ 4.5 million), linked to restructuring plans. This amount also
Worldline’s TEAM program (€ 3.7 million) including the
encompasses external costs linked to the continuation of
rationalization of office premises in France and Belgium.
and the remaining expenses related to Xerox ITO.
related to Unify, equensWorldline and Paysquare transactions,
The € 32.5 million integration and acquisition costs mainly
mainly composed of:
the Purchase Price Allocation (PPA) of € 95.9 million was
The 2016 amortization of intangible assets recognized in
€ 42.2 million of SIS customer relationships amortized over •
8.75 years starting July 1st, 2011;
over 6 to 12 years starting July 1st, 2015;
€ 19.6 million of Xerox ITO customer relationships amortized •
September 1st, 2014;
amortized over respectively 9.3 years and 9.9 years starting
€ 16.4 million of Bull customer relationships and Patents •
over 2 to 10 years starting February 1st, 2016;
€ 9.6 million of Unify “CCS” customer relationships amortized •
amortized over 6.5 to 9.5 years starting October 1st,
€ 2.5 million of Equens and Paysquare customer relationships •
2016; and
over 6 to 12 years starting October 1st, 2016.
€ 2.3 million of Anthelio customer relationships amortized •
The € 21.9 million profit in other items corresponded mainly to
litigation in Germany.
prior year was partially offset by a settlement in H1 of an old
absence of specific program to reskill IT engineers unlike in the
the gain on the Visa share disposal for € 51.2 million. The
Equity-based compensation
The € 49.9 million expense recorded within other operating
2015) is mainly made up of:
income relating to equity-based compensation (€ 33.3 million in
plans granted in July 2016;
from 2011 until 2015 and € 6.2 million of 2016 free shares
€ 30.5 million related to previous free shares plans granted •
Worldline stock options implemented in September 2016;
implemented from 2012 until 2015 and € 0.2 million of 2016
€ 9.3 million related to previous stock options plans •
Worldline in January 2016 and for Atos in December 2016.
€ 2.6 million related to employee share purchase plans set for •