| (in millions of euro) | LAND AND BUILDINGS | SITES AND SPACES OPERATED UNDER CONCESSION AGREEMENTS | VEHICLES | EQUIPMENT | TOTAL |
|---|---|---|---|---|---|
| Net carrying amount as of September 1, 2019 | Net carrying amount as of September 1, 2019 LAND AND BUILDINGS549 |
Net carrying amount as of September 1, 2019 SITES AND SPACES OPERATED UNDER CONCESSION AGREEMENTS819 |
Net carrying amount as of September 1, 2019 VEHICLES95 |
Net carrying amount as of September 1, 2019 EQUIPMENT26 |
Net carrying amount as of September 1, 2019 TOTAL1,490 |
| Net carrying amount as of August 31, 2020 | Net carrying amount as of August 31, 2020 LAND AND BUILDINGS477 |
Net carrying amount as of August 31, 2020 SITES AND SPACES OPERATED UNDER CONCESSION AGREEMENTS744 |
Net carrying amount as of August 31, 2020 VEHICLES84 |
Net carrying amount as of August 31, 2020 EQUIPMENT15 |
Net carrying amount as of August 31, 2020 TOTAL1,321 |
| Net carrying amount as of August 31, 2021 | Net carrying amount as of August 31, 2021LAND AND BUILDINGS299 | Net carrying amount as of August 31, 2021SITES AND SPACES OPERATED UNDER CONCESSION AGREEMENTS518 | Net carrying amount as of August 31, 2021VEHICLES77 | Net carrying amount as of August 31, 2021EQUIPMENT10 | Net carrying amount as of August 31, 2021TOTAL903 |
Associates are companies in which Sodexo S.A. directly or indirectly exercises significant influence over financial and operating policy without exercising exclusive or joint control. Joint ventures are joint arrangements in which Sodexo S.A. directly or indirectly exercises joint control and has rights to the net assets of the arrangement. Associates and joint ventures are accounted for using the equity method. Sodexo has a number of equity interests in project companies established in connection with Public-Private Partnership (PPP) contracts. These contracts enable governments to callupon the private sector for the design, construction, financing and management of public infrastructure (hospitals, schools, barracks, prisons), with detailed performance criteria. An analysis is performed for each of these equity interests, in order to determine whether they qualify as associates or joint ventures.
When Sodexo is legally or constructively obligated to make payments on behalf of companies accounted for using the equity method, a provision is made under liabilities in the consolidated statement of financial position for its share in the negative shareholders’ equity of the said companies (see note 10.1).
Changes in the Group’s share of the net assets of companies accounted for using the equity method in Fiscal 2020 and Fiscal 2021 are shown below :
| (in millions of euro) | FISCAL 2021 | FISCAL 2020 |
|---|---|---|
| Carrying amount as of September 1 | Carrying amount as of September 1FISCAL 202153 | Carrying amount as of September 1FISCAL 202051 |
| Of which Investments in companies accounted for using the equity method | Of which Investments in companies accounted for using the equity methodFISCAL 202160 | Of which Investments in companies accounted for using the equity methodFISCAL 202062 |
| Of which Provisions | Of which ProvisionsFISCAL 2021(7) | Of which ProvisionsFISCAL 2020(9) |
| Share of profit for the period | Share of profit for the period FISCAL 20219 |
Share of profit for the period FISCAL 20209 |
| Other comprehensive income (loss) | Other comprehensive income (loss) FISCAL 20213 |
Other comprehensive income (loss) FISCAL 20202 |
| Dividend paid for the period | Dividend paid for the period FISCAL 2021(9) |
Dividend paid for the period FISCAL 2020(3) |
| Currency translation adjustment | Currency translation adjustment FISCAL 2021— |
Currency translation adjustment FISCAL 2020(3) |
| Other movements | Other movements FISCAL 20212 |
Other movements FISCAL 2020(3) |
| CARRYING AMOUNT AS OF AUGUST 31 | CARRYING AMOUNT AS OF AUGUST 31FISCAL 202157 | CARRYING AMOUNT AS OF AUGUST 31FISCAL 202053 |
| Of which Investments in companies accounted for using the equity method | Of which Investments in companies accounted for using the equity methodFISCAL 202163 | Of which Investments in companies accounted for using the equity methodFISCAL 202060 |
| Of which Provisions | Of which ProvisionsFISCAL 2021(6) | Of which ProvisionsFISCAL 2020(7) |
