Cap Gemini - Registration Document 2016

FINANCIAL INFORMATION

4.2 Consolidated financial statements

2015

2016

in millions of euros

Profit for the year attributable to owners of the Company Finance cost savings linked to the conversion of debt instruments, net of tax Diluted profit for the year attributable to owners of the Company

1,124

921

6

20

1,130

941

Weighted average number of ordinary shares Adjusted for: “ORNANE 2013” convertible bonds

168,452,917

169,450,721

5,958,587 3,127,934 1,042,081

5,305,591 4,201,908

Performance shares and free shares that can be granted

Redeemable Share Subscription or Purchase Warrants (BSAAR)

122,560

Weighted average number of ordinary shares (diluted)

178,581,519

179,080,780

DILUTED EARNINGS PER SHARE (in euros)

6.33

5.25

Normalized earnings per share

2015

2016

in millions of euros

4

Profit for the year attributable to owners of the Company Remeasurement of deferred tax assets on US tax loss carry-forwards Tax income (net) in respect of goodwill arising on legal restructurings

1,124

921

(476)

(180)

income (net) in respect of goodwill arising on legal restructurings and remeasurement of deferred tax assets on US tax loss carry-forwards Profit for the year attributable to owners of the Company – excluding the tax Other operating income and expenses, net of tax calculated at the effective tax rate Normalized profit for the year attributable to owners of the Company

648 167 815

741 212 953

Weighted average number of ordinary shares

168,452,917

169,450,721

NORMALIZED EARNINGS PER SHARE (in euros)

4.84

5.62

Equity Note 12

ownership Incentive instruments and employee share a) Instruments granted to employees Shares subject to performance and presence conditions Performance shares are granted to a certain number of Group employees, subject to performance (internal and external) and presence conditions. Share grants become definitive after a vesting period of at least two or four years, depending on the tax residence of the beneficiary. value of the benefit granted to the employee at the grant date. The shares are measured at fair value, corresponding to the conditions is calculated using the “Monte Carlo” model, which incorporates assumptions concerning the share price at the The fair value of shares subject to external performance grant date, implicit share price volatility, the risk-free interest rate, the expected dividend yield and market performance

risk-free interest rate and the expected dividend yield. share price at the grant date, share transfer restrictions, the with IFRS 2, which incorporates assumptions concerning the conditions). rates for eligible employee categories, which are reviewed each year and internal performance conditions (non-market The expense recognized also takes into account staff attrition This amount is recognized in “Other operating income and expense” in the Income Statement on a straight-line basis over the vesting period, with a corresponding adjustment to equity. b) Instruments proposed to employees Redeemable share subscription or purchase warrants (BSAAR) Redeemable share subscription or purchase warrants were proposed to employees and corporate officers of the Group. by the employees and corporate officers of the Group. They confer entitlement to subscribe for Cap Gemini S.A. shares at a strike price determined at their date of acquisition

conditions.

presence conditions is calculated using a model in compliance The fair value of shares subject to internal performance and/or

187

Registration Document 2016 — Capgemini