The expense recognized in the Fiscal 2021 income statement for restricted shares is 33 million euro (39 million euro in Fiscal 2020 ).
The following table shows the headcount of Group employees :
| AUGUST 31, 2021 | AUGUST 31, 2020 | |
|---|---|---|
| AVERAGE HEADCOUNT AS OF AUGUST 31 | AVERAGE HEADCOUNT AS OF AUGUST 31AUGUST 31, 2021409,100 | AVERAGE HEADCOUNT AS OF AUGUST 31AUGUST 31, 2020454,254 |
| TOTAL HEADCOUNT AS OF AUGUST 31 | TOTAL HEADCOUNT AS OF AUGUST 31AUGUST 31, 2021412,088 | TOTAL HEADCOUNT AS OF AUGUST 31AUGUST 31, 2020422,712 |
The compensation, loans, post-employment benefits and other benefits granted to Board members, the Executive Committee, including the Group Chief Executive Officer of Sodexo in office as of August 31, 2021 and August 31, 2020 respectively for Fiscal 2021 and Fiscal 2020 comprise the following :
| (in euro) | FISCAL 2021 | FISCAL 2020 |
|---|---|---|
| Short-term benefits* | Short-term benefits* FISCAL 202114,221,131 |
Short-term benefits* FISCAL 202016,410,877 |
| Post-employment benefits | Post-employment benefits FISCAL 2021229,350 |
Post-employment benefits FISCAL 2020655,266 |
| Fair value of free shares at the grant date | Fair value of free shares at the grant date FISCAL 202112,203,100 |
Fair value of free shares at the grant date FISCAL 2020— |
* Short-term benefits correspond to compensations paid by the Group to Board members and to the Executive Committee during Fiscal 2021 (including variable compensations of the prior year).
These benefits include directors’ compensation, and all forms of compensation and benefits paid (or earned during the period for offices held) by Sodexo S.A., other Sodexo Group companies or Bellon SA.
Denis Machuel, Group Chief Executive Officer from January 23, 2018, to September 30, 2021 was paid by Sodexo S.A. but did not have an employment contract with Sodexo S.A..
The Company has entered into non-compete clauses with Denis Machuel with a term of 36 months and the members of the Executive Committee with a maximum term of 24 months in order to protect the Group by restricting their freedom to hold a position as employee or director, or carry out any consulting work, for any of Sodexo’s competitors, either directly or through another legal entity.
No loans have been granted to the Board or Executive Committee members.
Any residual difference between the fair value of the consideration transferred (for example the amount paid), increased by the amount of the non-controlling interest in the acquired company (measured either at fair value or its share in the fair value of the identifiable net assets acquired) and the fair value as of the date of acquisition of the assets acquired and liabilities assumed, is recognized as goodwill in the statement of financial position.
The Group measures non-controlling interests on a case-by-case basis for each business combination either at fair value or based on their percentage interest in the fair value of identifiable net assets acquired.
