60 / 168
(in €’000)
12/31/2017
12/31/2016
LIABILITIES RECOGNIZED AT YEAR-END
(38,745)
(39,472)
The expense recognized as operating profit by the Group during the financial year 2017 as defined benefit plans amounted to €2.8 million and
is broken down as follows:
(in €’000)
2017
2016
Cost of services
2,075
1,782
Cost of accretion
1,414
1,656
Expected yield from plan assets
(670)
(824)
Discounts/Wind-ups
EXPENSE (REVENUE) RECOGNIZED
2,818
2,615
2.5.5
I
Other non-current liabilities
(in €’000)
12/31/2017
12/31/2016
Deposits and sureties received
92
124
Debt due in more than one year
763
Employee profit-sharing in the financial year
3,823
5,241
Deferred income
6,927
7,027
TOTAL OTHER NON-CURRENT LIABILITIES
11,605
12,392
Deferred income corresponds mainly to subsidies received from regional governments as part of the project to build the Villefranche de
Rouergue plant.
2.5.6
I
Financial debt and financial risk management
The breakdown by accounting category and instrument class for financial liabilities is given in note 2.6.1.3.
2.5.6.1 Debt
a) Breakdown by nature
(in €’000)
12/31/2017
12/31/2016
NON-CURRENT SHARE
Mid-term loans
296,224
228,926
Debt related to lease agreements
8,878
10,269
Employee profit-sharing (frozen on a current account)
12,656
14,661
SUBTOTAL NON-CURRENT DEBT
317,757
253,856
CURRENT SHARE
Banking facilities for operations
16,441
15,984
Mid-term loans
159,176
86,425
Debt related to lease agreements
1,086
3,629
Employee profit-sharing (frozen on a current account)
3,271
SUBTOTAL CURRENT DEBT
179,973
106,037
TOTAL DEBT
497,730
359,893
b) Breakdown by maturity date
60
LISI 2017 FINANCIAL REPORT
CONSOLIDATED FINANCIAL STATEMENTS
3