| (in million euros) | FISCAL 2022 | FISCAL 2021 |
|---|---|---|
|
Gains related to consolidation scope changes(1) |
Gains related to consolidation scope changes(1) FISCAL 2022 117 |
Gains related to consolidation scope changes(1) FISCAL 2021 31 |
| Gain on disposals of non-current assets |
Gain on disposals of non-current assets FISCAL 2022 1 |
Gain on disposals of non-current assets FISCAL 2021 12 |
| Gains on changes of post-employment benefits |
Gains on changes of post-employment benefits FISCAL 2022 1 |
Gains on changes of post-employment benefits FISCAL 2021 4 |
|
Other(2) |
Other(2) FISCAL 2022 34 |
Other(2) FISCAL 2021 9 |
| OTHER OPERATING INCOME |
OTHER OPERATING INCOME FISCAL 2022 153 |
OTHER OPERATING INCOME FISCAL 2021 56 |
|
Restructuring and rationalization costs(3) |
Restructuring and rationalization costs(3) FISCAL 2022 (10) |
Restructuring and rationalization costs(3) FISCAL 2021 (153) |
| Losses related to consolidation scope changes(1) |
Losses related to consolidation scope changes(1) FISCAL 2022 (67) |
Losses related to consolidation scope changes(1) FISCAL 2021 (63) |
| Amortization of purchased intangible assets |
Amortization of purchased intangible assets FISCAL 2022 (46) |
Amortization of purchased intangible assets FISCAL 2021 (33) |
| Impairment of goodwill and non-current assets |
Impairment of goodwill and non-current assets FISCAL 2022 (1) |
Impairment of goodwill and non-current assets FISCAL 2021 (27) |
| Acquisition-related costs |
Acquisition-related costs FISCAL 2022 (3) |
Acquisition-related costs FISCAL 2021 (5) |
| Losses on changes of post-employment benefits |
Losses on changes of post-employment benefits FISCAL 2022 (5) |
Losses on changes of post-employment benefits FISCAL 2021 (5) |
| Losses on disposals of non-current assets |
Losses on disposals of non-current assets FISCAL 2022 (1) |
Losses on disposals of non-current assets FISCAL 2021 (2) |
| Other |
Other FISCAL 2022 (25) |
Other FISCAL 2021 (8) |
| OTHER OPERATING EXPENSES |
OTHER OPERATING EXPENSES FISCAL 2022 (158) |
OTHER OPERATING EXPENSES FISCAL 2021 (295) |
| TOTAL OTHER OPERATING INCOME AND EXPENSES |
TOTAL OTHER OPERATING INCOME AND EXPENSES FISCAL 2022 (5) |
TOTAL OTHER OPERATING INCOME AND EXPENSES FISCAL 2021 (239) |
Trade and other receivables are initially recognized at the amount of consideration to which the Group expects to be entitled in exchange for transferring promised goods or services and are subsequently measured at amortized cost less impairment charges recognized in the income statement.
Trade and other receivables are impaired to reflect the expected credit losses, assessed using an impairment matrix (application of the simplified impairment model as provided for in IFRS 9 “Financial instruments”). This method consists of applying for each aging balance category a separate impairment rate based on historical credit losses adjusted, when necessary, to take into account prospective factors.
|
(in million euros) |
AUGUST 31, 2022 | AUGUST 31, 2021 | ||||
|---|---|---|---|---|---|---|
| GROSS AMOUNT | IMPAIRMENT | CARRYING AMOUNT | GROSS AMOUNT | IMPAIRMENT | CARRYING AMOUNT | |
| Advances to suppliers | 25 | — | 25 | 12 | 12 | |
| Trade receivables | 4,454 | (160) | 4,294 | 3,866 | (158) | 3,708 |
| Other operating receivables | 538 | (21) | 517 | 381 | (13) | 368 |
| Prepaid expenses | 226 | — | 226 | 182 | — | 182 |
| Non-operating receivables | 7 | (1) | 6 | 2 | (1) | 1 |
| TOTAL TRADE AND OTHER RECEIVABLES | 5,250 | (182) | 5,068 | 4,443 | (172) | 4,271 |
The maturities of trade receivables as of August 31, 2022 and August 31, 2021 respectively were as follows:
|
|
AUGUST 31, 2022 | AUGUST 31, 2021 | ||||
|---|---|---|---|---|---|---|
|
BREAKDOWN OF TRADE RECEIVABLES DUE AS OF AUGUST 31 |
GROSS AMOUNT | IMPAIRMENT | CARRYING AMOUNT | GROSS AMOUNT | IMPAIRMENT | CARRYING AMOUNT |
| Less than 3 months past due | 487 | (11) | 476 | 350 | (9) | 341 |
| More than 3 months and less than 6 months past due | 89 | (12) | 77 | 86 | (9) | 77 |
| More than 6 months and less than 12 months past due | 39 | (7) | 32 | 39 | (9) | 30 |
| More than 12 months past due | 112 | (104) | 8 | 121 | (93) | 28 |
| TOTAL TRADE RECEIVABLES DUE | 727 | (134) | 593 | 597 | (121) | 476 |
| Total trade receivables not yet due | 3,727 | (26) | 3,701 | 3,269 | (36) | 3,234 |
| TOTAL TRADE RECEIVABLES | 4,454 | (160) | 4,294 | 3,866 | (158) | 3,708 |
During the fiscal years presented, the Group was not affected by any significant change resulting from proven client failures. In addition, given the geographic dispersion of the Group’s activities and the wide range of client industries, there is no material concentration of risk in individual receivables due but not written down.
