EURAZEO_REGISTRATION_DOCUMENT_2017

4

CONSOLIDATED FINANCIAL STATEMENTS Notes to the Consolidated Financial Statements

Operating income and other income and expenses 4.6 Operating income totaled €643 million in 2017, compared with €738 million in 2016. Other income and expenses break down as follows:

2017

2016

(In thousands of euros)

Restructuring/relocation/reorganization

(2,339) (44,815) (25,572) (72,726)

(5,756)

Transaction costs

(66,483) (8,669) (80,908)

Other income and expenses OTHER INCOME AND EXPENSES

EMPLOYEES BENEFITS EXPENSE AND LIABILITIES NOTE 5

5.1

Number of employees and employee

5.2 Defined contribution plans

Employee benefit liabilities

benefits expense Number of employees

The Group pays contributions under a range of mandatory systems and on a voluntary basis under contractual agreements. The Group’s obligation is therefore limited to the payment of contributions. Defined benefit plans In recognition of their contribution to the business, Eurazeo Executive Board members are covered by a supplementary defined benefit pension plan designed to provide them with additional retirement income. The amount of this additional pension depends on the length of service of beneficiaries on retirement. This plan was closed on June 30, 2011 and only concerns members of the Executive Board present at that date.

5.1.1

2017

2016

(Full time equivalent)

France

8,838 7,326 3,429 2,191 2,173 1,201 14,439 10,718

Europe excluding France

Rest of the world

TOTAL EMPLOYEES

The full time equivalent number of employees includes the employees of fully-consolidated companies on a time-apportioned basis taking into account their date of entry into and exit from the scope of consolidation. The above figures do not include employees of equity-accounted associates.

Employee benefits expense

5.1.2

2017

2016

(In thousands of euros)

Wages, salaries and other employee benefits

604,956 392,797

Social security contributions

168,591

115,916

Employee mandatory profit-sharing/incentive schemes

10,528 3,764

Share-based payments

8,221

5,521

TOTAL EMPLOYEE BENEFITS EXPENSE

792,296 517,998

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2017 Registration document

Eurazeo