| CARRYING AMOUNT | AUGUST 31, 2019 | INCREASE/(DECREASE) DURING THE PERIOD | IMPAIRMENT | CHANGES IN SCOPE OF CONSOLIDATION | CHANGE IN FAIR VALUE | CURRENCY TRANSLATION ADJUSTMENT AND OTHER | AUGUST 31, 2020 | |
|---|---|---|---|---|---|---|---|---|
| INCOME | OCI | |||||||
| Investments in non-consolidated companies | Investments in non-consolidated companies AUGUST 31, 2019 896 | Investments in non-consolidated companies INCREASE/(DECREASE) DURING THE PERIOD 3 | Investments in non-consolidated companies IMPAIRMENT - | Investments in non-consolidated companies CHANGES IN SCOPE OF CONSOLIDATION 3 | Investments in non-consolidated companies CHANGE IN FAIR VALUE - | Investments in non-consolidated companies CURRENCY TRANSLATION ADJUSTMENT AND OTHER (383) | Investments in non-consolidated companies AUGUST 31, 2020 (33) | 485 |
| Financial assets related to the Benefits & Rewards Services activity, including restricted cash | Financial assets related to the Benefits & Rewards Services activity, including restricted cash AUGUST 31, 2019 1,120 | Financial assets related to the Benefits & Rewards Services activity, including restricted cash INCREASE/(DECREASE) DURING THE PERIOD 93 | Financial assets related to the Benefits & Rewards Services activity, including restricted cash IMPAIRMENT - | Financial assets related to the Benefits & Rewards Services activity, including restricted cash CHANGES IN SCOPE OF CONSOLIDATION - | Financial assets related to the Benefits & Rewards Services activity, including restricted cash CHANGE IN FAIR VALUE - | Financial assets related to the Benefits & Rewards Services activity, including restricted cash CURRENCY TRANSLATION ADJUSTMENT AND OTHER - | Financial assets related to the Benefits & Rewards Services activity, including restricted cash AUGUST 31, 2020 (110) | 1,103 |
| Receivables from investees | Receivables from investees AUGUST 31, 2019 17 | Receivables from investees INCREASE/(DECREASE) DURING THE PERIOD - | Receivables from investees IMPAIRMENT - | Receivables from investees CHANGES IN SCOPE OF CONSOLIDATION - | Receivables from investees CHANGE IN FAIR VALUE - | Receivables from investees CURRENCY TRANSLATION ADJUSTMENT AND OTHER - | Receivables from investees AUGUST 31, 2020 - | 17 |
| Loans and deposits | Loans and deposits AUGUST 31, 2019 145 | Loans and deposits INCREASE/(DECREASE) DURING THE PERIOD 19 | Loans and deposits IMPAIRMENT (9) | Loans and deposits CHANGES IN SCOPE OF CONSOLIDATION - | Loans and deposits CHANGE IN FAIR VALUE - | Loans and deposits CURRENCY TRANSLATION ADJUSTMENT AND OTHER - | Loans and deposits AUGUST 31, 2020 (15) | 140 |
| FINANCIAL ASSETS | FINANCIAL ASSETS AUGUST 31, 2019 2,177 | FINANCIAL ASSETS INCREASE/(DECREASE) DURING THE PERIOD 115 | FINANCIAL ASSETS IMPAIRMENT (9) | FINANCIAL ASSETS CHANGES IN SCOPE OF CONSOLIDATION 3 | FINANCIAL ASSETS CHANGE IN FAIR VALUE - | FINANCIAL ASSETS CURRENCY TRANSLATION ADJUSTMENT AND OTHER (383) | FINANCIAL ASSETS AUGUST 31, 2020 (158) | 1,744 |
| CARRYING AMOUNT | AU 31 AOÛT 2018 | IFRS 9 IMPACT | SEPTEMBER 1, 2018 | INCREASE/(DECREASE) DURING THE PERIOD | IMPAIRMENT | CHANGES IN SCOPE OF CONSOLIDATION | CHANGE IN FAIR VALUE | CURRENCY TRANSLATION ADJUSTMENT AND OTHER | AUGUST 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|
| INCOME | OCI | |||||||||
| Investments in non-consolidated companies | Investments in non-consolidated companies AU 31 AOÛT 2018 91 | Investments in non-consolidated companies IFRS 9 IMPACT 564 | Investments in non-consolidated companies SEPTEMBER 1, 2018 655 | Investments in non-consolidated companies INCREASE/(DECREASE) DURING THE PERIOD 73 | Investments in non-consolidated companies IMPAIRMENT - | Investments in non-consolidated companies CHANGES IN SCOPE OF CONSOLIDATION - | Investments in non-consolidated companies CHANGE IN FAIR VALUE - | Investments in non-consolidated companies CURRENCY TRANSLATION ADJUSTMENT AND OTHER 170 | Investments in non-consolidated companies AUGUST 31, 2019 (3) | 896 |
| Financial assets related to the Benefits & Rewards Services activity, including restricted cash | Financial assets related to the Benefits & Rewards Services activity, including restricted cash AU 31 AOÛT 2018 1 042 | Financial assets related to the Benefits & Rewards Services activity, including restricted cash IFRS 9 IMPACT - | Financial assets related to the Benefits & Rewards Services activity, including restricted cash SEPTEMBER 1, 2018 1 042 | Financial assets related to the Benefits & Rewards Services activity, including restricted cash INCREASE/(DECREASE) DURING THE PERIOD 53 | Financial assets related to the Benefits & Rewards Services activity, including restricted cash IMPAIRMENT - | Financial assets related to the Benefits & Rewards Services activity, including restricted cash CHANGES IN SCOPE OF CONSOLIDATION - | Financial assets related to the Benefits & Rewards Services activity, including restricted cash CHANGE IN FAIR VALUE - | Financial assets related to the Benefits & Rewards Services activity, including restricted cash CURRENCY TRANSLATION ADJUSTMENT AND OTHER 4 | Financial assets related to the Benefits & Rewards Services activity, including restricted cash AUGUST 31, 2019 20 | 1 120 |
| Receivables from investees | Receivables from investees AU 31 AOÛT 2018 18 | Receivables from investees IFRS 9 IMPACT - | Receivables from investees SEPTEMBER 1, 2018 18 | Receivables from investees INCREASE/(DECREASE) DURING THE PERIOD (1) | Receivables from investees IMPAIRMENT - | Receivables from investees CHANGES IN SCOPE OF CONSOLIDATION - | Receivables from investees CHANGE IN FAIR VALUE - | Receivables from investees CURRENCY TRANSLATION ADJUSTMENT AND OTHER - | Receivables from investees AUGUST 31, 2019 - | 17 |
| Loans and deposits | Loans and deposits AU 31 AOÛT 2018 117 | Loans and deposits IFRS 9 IMPACT - | Loans and deposits SEPTEMBER 1, 2018 117 | Loans and deposits INCREASE/(DECREASE) DURING THE PERIOD 21 | Loans and deposits IMPAIRMENT - | Loans and deposits CHANGES IN SCOPE OF CONSOLIDATION 2 | Loans and deposits CHANGE IN FAIR VALUE - | Loans and deposits CURRENCY TRANSLATION ADJUSTMENT AND OTHER - | Loans and deposits AUGUST 31, 2019 4 | 145 |
| FINANCIAL ASSETS | FINANCIAL ASSETS AU 31 AOÛT 2018 1 268 | FINANCIAL ASSETS IFRS 9 IMPACT 564 | FINANCIAL ASSETS SEPTEMBER 1, 2018 1 832 | FINANCIAL ASSETS INCREASE/(DECREASE) DURING THE PERIOD 146 | FINANCIAL ASSETS IMPAIRMENT - | FINANCIAL ASSETS CHANGES IN SCOPE OF CONSOLIDATION 2 | FINANCIAL ASSETS CHANGE IN FAIR VALUE - | FINANCIAL ASSETS CURRENCY TRANSLATION ADJUSTMENT AND OTHER 174 | FINANCIAL ASSETS AUGUST 31, 2019 22 | 2 177 |
Changes in borrowings during Fiscal 2020 and Fiscal 2019 were as follows:
| (in millions of euro) | AUGUST 31, 2019 | INCREASES | REPAYMENTS | DISCOUNTING EFFECTS AND OTHER | CURRENCY TRANSLATION ADJUSTMENT | CHANGES IN SCOPE OF CONSOLIDATION | AUGUST 31, 2020 |
|---|---|---|---|---|---|---|---|
| Bond issues(1) | Bond issues (1)AUGUST 31, 2019 2 468 | Bond issues (1)INCREASES 2 526 | Bond issues (1)REPAYMENTS (37) | Bond issues (1)DISCOUNTING EFFECTS AND OTHER - | Bond issues (1)CURRENCY TRANSLATION ADJUSTMENT 3 | Bond issues (1)CHANGES IN SCOPE OF CONSOLIDATION - | Bond issues (1)AUGUST 31, 2020 4 960 |
| Private Placements and bank borrowings(2) | Private Placements and bank borrowings (2)AUGUST 31, 2019 1 577 | Private Placements and bank borrowings (2)INCREASES 737 | Private Placements and bank borrowings (2)REPAYMENTS (2 268) | Private Placements and bank borrowings (2)DISCOUNTING EFFECTS AND OTHER - | Private Placements and bank borrowings (2)CURRENCY TRANSLATION ADJUSTMENT (41) | Private Placements and bank borrowings (2)CHANGES IN SCOPE OF CONSOLIDATION 2 | Private Placements and bank borrowings (2)AUGUST 31, 2020 6 |
| Finance lease obligations | Finance lease obligations AUGUST 31, 2019 5 | Finance lease obligations INCREASES - | Finance lease obligations REPAYMENTS - | Finance lease obligations DISCOUNTING EFFECTS AND OTHER (5) | Finance lease obligations CURRENCY TRANSLATION ADJUSTMENT - | Finance lease obligations CHANGES IN SCOPE OF CONSOLIDATION - | Finance lease obligations AUGUST 31, 2020 - |
| Other borrowings | Other borrowings AUGUST 31, 2019 34 | Other borrowings INCREASES 5 | Other borrowings REPAYMENTS (11) | Other borrowings DISCOUNTING EFFECTS AND OTHER (2) | Other borrowings CURRENCY TRANSLATION ADJUSTMENT (3) | Other borrowings CHANGES IN SCOPE OF CONSOLIDATION 6 | Other borrowings AUGUST 31, 2020 29 |
| TOTAL BORROWINGS | TOTAL BORROWINGS AUGUST 31, 2019 4 084 | TOTAL BORROWINGS INCREASES 3 268 | TOTAL BORROWINGS REPAYMENTS (2 315) | TOTAL BORROWINGS DISCOUNTING EFFECTS AND OTHER (7) | TOTAL BORROWINGS CURRENCY TRANSLATION ADJUSTMENT (41) | TOTAL BORROWINGS CHANGES IN SCOPE OF CONSOLIDATION 8 | TOTAL BORROWINGS AUGUST 31, 2020 4 996 |
| Net fair value of derivative financial instruments | Net fair value of derivative financial instruments AUGUST 31, 2019 (6) | Net fair value of derivative financial instruments INCREASES (3) | Net fair value of derivative financial instruments REPAYMENTS 5 | Net fair value of derivative financial instruments DISCOUNTING EFFECTS AND OTHER 1 | Net fair value of derivative financial instruments CURRENCY TRANSLATION ADJUSTMENT (1) | Net fair value of derivative financial instruments CHANGES IN SCOPE OF CONSOLIDATION - | Net fair value of derivative financial instruments AUGUST 31, 2020 (4) |
| TOTAL BORROWINGS INCLUDING DERIVATIVE FINANCIAL INSTRUMENTS | TOTAL BORROWINGS INCLUDING DERIVATIVE FINANCIAL INSTRUMENTS AUGUST 31, 2019 4 078 | TOTAL BORROWINGS INCLUDING DERIVATIVE FINANCIAL INSTRUMENTS INCREASES 3 265 | TOTAL BORROWINGS INCLUDING DERIVATIVE FINANCIAL INSTRUMENTS REPAYMENTS (2 310) | TOTAL BORROWINGS INCLUDING DERIVATIVE FINANCIAL INSTRUMENTS DISCOUNTING EFFECTS AND OTHER (6) | TOTAL BORROWINGS INCLUDING DERIVATIVE FINANCIAL INSTRUMENTS CURRENCY TRANSLATION ADJUSTMENT (43) | TOTAL BORROWINGS INCLUDING DERIVATIVE FINANCIAL INSTRUMENTS CHANGES IN SCOPE OF CONSOLIDATION 8 | TOTAL BORROWINGS INCLUDING DERIVATIVE FINANCIAL INSTRUMENTS AUGUST 31, 2020 4 992 |
(1) The increase of 2,526 million euro consists mainly of the issue of new bonds for 2,500 million euro as indicated in 12.4.2
(2) The increase of 737 million euro consists mainly of the increase in Sodexo S.A.’s commercial paper for a total of 683 million euro, most of which occurred in the first half of the year. The decrease of 2,268 million euro consists mainly of USPP reimbursement as indicated in 12.4.3.3.
