Fiscal 2020 Universal Registration Document

3. Consolidated financial statements

4.1.3 By line of services

Revenues by line of services are as follows:

(in millions of euro)FISCAL 2020
FISCAL 2019
Food services

Food services

FISCAL 2020

11,181

Food services

FISCAL 2019

13,998

Facilities Management services

Facilities Management services

FISCAL 2020

7,373

Facilities Management services

FISCAL 2019

7,068

Total On-site Services revenues

Total On-site Services revenues

FISCAL 2020

18,554

Total On-site Services revenues

FISCAL 2019

21,067

Benefits & Rewards Services

Benefits & Rewards Services

FISCAL 2020

773

Benefits & Rewards Services

FISCAL 2019

892

Eliminations

Eliminations

FISCAL 2020

(5)

Eliminations

FISCAL 2019

(4)

TOTAL CONSOLIDATED REVENUES

TOTAL CONSOLIDATED REVENUES

FISCAL 2020

19,321

TOTAL CONSOLIDATED REVENUES

FISCAL 2019

21,954

4.2 Operating expenses by nature and other operating income and expenses
4.2.1 4.2.1 Operating expenses by nature
(in millions of euro)FISCAL 2020FISCAL 2019
Depreciation, amortization and impairment charges(1)

Depreciation, amortization and impairment charges

(1)

FISCAL 2020

(938)

Depreciation, amortization and impairment charges

(1)

FISCAL 2019

(382)

Employee costs

  • Wages and salaries
  • Wages and salaries

FISCAL 2020

(7,748)

  • Wages and salaries

FISCAL 2019

(8,246)

  •  Other employee costs(2)
  •  Other employee costs(2)

FISCAL 2020

(2,231)

  •  Other employee costs(2)

FISCAL 2019

(2,379)

Purchases of consumables and change in inventory

Purchases of consumables and change in inventory

FISCAL 2020

(4,751)

Purchases of consumables and change in inventory

FISCAL 2019

(5,784)

Others(3)

Others

(3)

FISCAL 2020

(3,591)

Others

(3)

FISCAL 2019

(4,107)

TOTAL NET OPERATING EXPENSES

TOTAL NET OPERATING EXPENSES

FISCAL 2020

(19,260)

TOTAL NET OPERATING EXPENSES

FISCAL 2019

(20,897)

(1) Including the depreciation of right-of-use assets relating to lease contracts recognized starting September 1, 2019 in accordance with IFRS 16 (278 million euro in Fiscal 2020).
(2) Primarily payroll taxes, but also including costs associated with defined benefit plans (note 5.1), defined contribution plans (note 5.1) and free share plans (note 5.2.1).
(3) Other expenses mainly include professional fees, other purchases used for operations, sub-contracting costs and travel expenses, as well as lease expenses relating to short-term lease contracts and lease contracts of low value assets, and variable lease payments (not included in the measurement of the lease liabilities)). For Fiscal 2019, other expenses included the lease expense relating to operating lease contracts in accordance with IAS 17.

As a result of the Covid-19 pandemic, significant measures were taken to reduce costs both on-site and off-site. All government proposed partial unemployment measures were used. Government Grants in relation with partial unemployment paid to the Group were accounted as a reduction of employee expenses in accordance with IAS 20 “Accounting for Government Grants and Disclosure of Government Assistance”.