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INGENICO GROUP

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Registration Document 2016

218

Parent company financial statements at December 31, 2016

6

6.4 Notes to the parent company financial statements

NOTE 21

Off-balance sheet commitments

Commitments given

(in thousands of euros)

2016

2015

Various guarantees

6,917

7,989

Liability warranty as part of

Sagem Denmark

disposal:

-

20,254

Tax warranty valid until expiration of time limit for tax claims (May 2013, except for transfer

pricing, which is valid until January 2016)

Liability warranty as part of the disposal of 20% stake in

Ingenico Holdings Asia

:

24,795

24,007

Standard warranties until October 2016

Tax warranties until June 2022

Basic warranties valid until expiration of time limit for tax claims

As part of policy to hedge foreign exchange exposure:

On existing assets and receivables and on future flows (valued at closing exchange rates)

Forward contracts to sell GBP

GBP 0

(GBP 8,482 in 2015)

-

11,557

Forward contracts to purchase AUD

AUD (2,500)

(AUD 7,600 in 2015)

(1,713)

5,102

Forward contracts to sell CAD

CAD 1,268

(CAD 5,974 in 2015)

894

3,952

Forward contracts to purchase CAD

CAD 0

(CAD 361 in 2015)

-

239

Forward contracts to sell USD

USD 0

(USD 13,200 in 2015)

-

12,125

Forward contracts to purchase USD

USD 0

(USD 11,300 in 2015)

-

10,379

Forward contracts to sell JPY

JPY 258,149 (JPY 541,743 in 2015)

2,092

4,500

AUD currency swaps

AUD (12,277)

(AUD 4,819 in 2015)

(8,411)

(3,235)

GBP currency swaps

GBP 54,583

(GBP 27,876 in 2015)

(63,752)

37,983

CAD currency swaps

CAD 0

(CAD 7,879 in 2015)

-

5,212

USD currency swaps

USD (13,150)

(USD 43,368 in 2015)

(12,475)

39,835

As part of policy to hedge interest rate exposure:

Interest rate swaps (Nominal at closing)

225,000

330,000

Firm price orders placed by Ingenico Group SA with its manufacturers

-

111,216

Partech Growth

8,190

9,828

Partech Entrepreneur II

561

790

Commitments received

(in thousands of euros)

2016

2015

Liability warranty received as part of Ogone acquisition.

89,325

89,325

With the following durations:

tax warranties expiring December 31, 2016;

corporate warranties of unlimited duration.

Additional special warranty on tax losses related to the acquisition of the Luxembourg

holding company, until 12/31/2016

-

750

Lyudia

General warranties: 24 months from April 26, 2016

3,647

-

Tax warranties: 5 years

-

-

Acquisition shares of Ingenico Holdings Asia

Fondamental warranties of unlimited duration and amount

-

-

Neratel

13,846

-

Basic warranties: unlimited

Tax warranties: 6 years

Other warranties: 1 year