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E
Financial
E.5
Parent company summary financial statements
Atos
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Registration Document 2016
211
E
Atos SE Activity
Atos SE main activities are:
the management of the Atos trademark;
•
the management of Group participating interests;
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the management of Group financing activities.
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subsidiaries.
Revenue includes trademark fees received from Group
and consequently establishes consolidated financial statements.
The company Atos SE is the parent company of the Atos Group
Highlights
2016, September 29.
Atos announced the placement of a € 300 million bond issue on
This bond has a 7-year maturity. The coupon rate is 1.444%.
Rules and accountingmethods
of the French General Accounting Plan (Plan Comptable
In application with ANC 2016-07, the financial statements of
accepted accounting principles in France and with the provisions
Atos SE have been prepared in accordance with generally
Général). General conventions were applied, in the respect of:
principle of prudence;
•
principle of going concern;
•
another;
permanence of the accounting methods from one exercise to
•
cut-off principle.
•
historical cost method. The annual accounts are established and
As a principle, items are booked in the accountancy based on the
presented in thousands of euros.
Intangible assets
Intangible assets consist of software and merger deficit.
on a straight-line basis over their expected useful life.
The software are booked at the acquisition cost and amortized
interest exceeds the enterprise value.
merger deficit and the related gross value of the participating
test. An impairment loss is recognized when the sum of the
2004. Other merger deficits are subject to an annual impairment
mergers and similar operations which occurred from January 1,
regulation CRC 2004-01 relating to the accounting treatment of
on a straight-line basis over 20 years. The Company applied the
The merger deficits acquired before 2004 have been amortized
The enterprise value is computed on the basis of expected three
management of the Company.
year future cash flow through assumptions approved by the
Tangible assets
acquisition value excluding any financial expenses.
The tangible fixed assets (buildings/fittings) are booked at their
over the useful life of the assets, as follows:
The depreciation calculation is based on a straight-line method
buildings: 20 years;
•
fixtures and fittings: 5 to 10 years.
•
Financial assets
Financial assets consist of participating interests and other
financial investments (deposits, loans).
the value-in-use determined as follows:
impairment loss is recognized when the acquisition cost exceeds
Participating interests are booked at their acquisition cost. An
subsidiaries;
on the basis of the enterprise value for the operational
•
for the holding subsidiaries.
on the basis of their part of interest in shareholding equities
•
Loans are mainly intra-group transactions.
Trade accounts and notes receivable
are subject to an impairment loss.
nominal value. They are calculated individually and, if necessary,
Trade accounts and notes receivable are recorded at their
year-end is booked as unrecognized exchange gain or loss.
difference between their historical value and their fair value at
currency are booked at their fair value at the closing date. The
Trade accounts and notes receivable denominated in foreign
Cash and cash equivalents
as free shares plan or stock-options plan.
context of a liquidity contract or in the intention to grant them
Treasury stocks are recorded at their acquisition cost in the
For the shares acquired in the context of the liquidity contract a
month of december.
exceeds the weighted average market price of Atos stock for the
depreciation charge is recognized when the carrying value
Prepayments, deferred expenses
borrowings on a straight-line basis.
borrowings. Those costs are recognized over the duration of the
Deferred expenses relate exclusively to costs for issuing
Provisions
obligation.
the outflow of resources necessary to extinguish the underlying
The amount of the provisions is based on the best estimate of
exceeds the value in-use.
provision for risk may be required when the carrying value
When the participating interest is fully impaired, an additional