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INFORMATION
4.2 Consolidated financial statements
4
183
Registration Document 2016 — Capgemini
Operating expenses by nature
Note 7
in millions of euros
2015
2016
Amount
% of
revenues
Amount
revenues
% of
Personnel expenses
7,260
60.9%
7,611
60.7%
Travel expenses
499
4.2%
521
4.2%
7,759
65.1%
8,132
64.9%
Purchases and sub-contracting expenses
2,207
18.5%
2,254
18.0%
Rent and local taxes
372
3.1%
380
3.0%
Other charges to depreciation, amortization and provisions
and proceeds from asset disposals
315
2.7%
333
2.6%
OPERATING EXPENSES
10,653
89.4%
11,099
88.5%
Breakdown of personnel costs
in millions of euros
Note
2015
2016
Wages and salaries
5,845
6,151
Payroll taxes
1,344
1,401
and other post-employment benefit expenses
Pension costs related to defined benefit pension plans
24
71
59
PERSONNEL EXPENSES
7,260
7,611
Other operating income and expense
Note 8
in millions of euros
Notes
2015
2016
in business combinations
Amortization of intangible assets recognized
(45)
(68)
Impairment of goodwill
13 -15
(40)
-
Expense relating to share grants
12
(42)
(58)
Restructuring costs
(81)
(103)
Integration costs for purchased companies
(39)
(68)
Acquisition costs
(16)
(1)
Other operating expenses
(29)
(5)
Total operating expenses
(292)
(303)
Other operating income
52
11
Total operating income
52
11
OTHER OPERATING INCOME AND EXPENSE
(240)
(292)
Restructuring costs
reduction measures in the amount of €91 million (€67 million in
Fiscal year 2016 restructuring costs primarily concern workforce
the amount of €7 million (€11 million in 2015).
2015) and the streamlining of real estate and production assets in
Integration costs for purchased companies
relating to incentive instruments granted to IGATE employees.
the cost of consultants involved in the integration and expenses
conditions of presence for companies purchased in 2016.
Integration costs also include earn-outs associated with
Integration costs for purchased companies total €68 million and
mainly concern the integration of the IGATE group and primarily
relating to the decrease in the present value of the benefit
In 2015, Other operating income included income of €35 million
an agreement with certain members regarding a reduction in their
obligation for the main Capgemini UK Plc. pension plan, following
defined benefits.