Fiscal 2021 Universal Registration Document

4. Consolidated financial statements

,4.1.3 By line of services

Revenues by line of services are as follows:

(in millions of euro) FISCAL 2021 FISCAL 2020
Food services

Food services

FISCAL 2021

9,052

Food services

FISCAL 2020

11,181

Facilities Management services

Facilities Management services

FISCAL 2021

7,634

Facilities Management services

FISCAL 2020

7,373

Total On-site Services revenues Total On-site Services revenuesFISCAL 202116,687 Total On-site Services revenuesFISCAL 202018,554
Benefits & Rewards Services Benefits & Rewards ServicesFISCAL 2021745 Benefits & Rewards ServicesFISCAL 2020773
Eliminations

Eliminations

FISCAL 2021

(3)

Eliminations

FISCAL 2020

(5)

TOTAL CONSOLIDATED REVENUES TOTAL CONSOLIDATED REVENUESFISCAL 202117,428 TOTAL CONSOLIDATED REVENUESFISCAL 202019,321
4.2 Operating expenses by nature and other operating income and expenses
4.2.1 Operating expenses by nature
(in millions of euro) FISCAL 2021 FISCAL 2020
Employee costs

Employee costs

FISCAL 2021

(9,274)

Employee costs

FISCAL 2020

(9,979)

Wages and salaries

Wages and salaries

FISCAL 2021

(7,228)

Wages and salaries

FISCAL 2020

(7,748)

Other employee costs(1)

Other employee costs

(1)
FISCAL 2021

(2,046)

Other employee costs

(1)
FISCAL 2020

(2,231)

Purchases of consumables and change in inventory

Purchases of consumables and change in inventory

FISCAL 2021

(3,899)

Purchases of consumables and change in inventory

FISCAL 2020

(4,751)

Depreciation, amortization, and impairment losses(2)

Depreciation, amortization, and impairment losses

(2)
FISCAL 2021

(619)

Depreciation, amortization, and impairment losses

(2)
FISCAL 2020

(938)

Amortization of intangible assets and property, plant and equipment and right-of-use assets relating to leases

Amortization of intangible assets and property, plant and equipment and right-of-use assets relating to leases

FISCAL 2021

(600)

Amortization of intangible assets and property, plant and equipment and right-of-use assets relating to leases

FISCAL 2020

(815)

Impairment of intangible assets and property, plant and equipment and right-of-use assets relating to leases

Impairment of intangible assets and property, plant and equipment and right-of-use assets relating to leases

FISCAL 2021

(19)

Impairment of intangible assets and property, plant and equipment and right-of-use assets relating to leases

FISCAL 2020

(122)

Rent and attached charges(3)

Rent and attached charges

(3)
FISCAL 2021

(154)

Rent and attached charges

(3)
FISCAL 2020

(356)

Other operating expenses(4)

Other operating expenses

(4)
FISCAL 2021

(3,147)

Other operating expenses

(4)
FISCAL 2020

(3,236)

TOTAL NET OPERATING EXPENSES TOTAL NET OPERATING EXPENSESFISCAL 2021(17,093) TOTAL NET OPERATING EXPENSESFISCAL 2020(19,260)

(1) Primarily payroll taxes, but also including costs associated with defined benefit plans (note 5.1), defined contribution plans (note 5.1) and restricted share plans (note 5.2.1).

(2) Including the depreciation of right-of-use assets relating to lease contracts of 252 million euro recognized in accordance with IFRS 16 (278 million euro in Fiscal 2020).

(3) Corresponds to rent not included in the measurement of the lease liabilities, primarily variable lease payments (commissions based on performance indicators of locations operated under concession arrangements), as well as lease expenses relating to short-term lease contracts and lease contracts of low value assets. The decrease observed over the period relates mainly to the variable part of commissions due under concession arrangements and is explained by the decrease in revenues of the sites concerned.

(4) Other expenses mainly include professional fees, other purchases used for operations, sub-contracting costs and travel expenses.

As a result of the Covid-19 pandemic, significant measures were taken to reduce costs both on-site and off -site. 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”.