| FISCAL 2022 | FISCAL 2021 | |||
|---|---|---|---|---|
| (in million euros) | CURRENT | NON-CURRENT | CURRENT | NON-CURRENT |
| Investments in non-consolidated companies | — | 863 | — | 643 |
| Financial assets related to the Benefits & Rewards Services activity, including restricted cash | 1,257 | — | 1,062 | — |
|
Cost* |
1,257 | — | 1,062 | — |
| Impairment | — | — | — | — |
| Receivables from investees | — | 79 | — | 17 |
| Cost | — | 79 | — | 17 |
| Impairment | — | — | — | — |
| Loans and deposits | 54 | 83 | 39 | 75 |
| Cost | 54 | 120 | 39 | 104 |
| Impairment | — | (37) | — | (29) |
| Derivative financial instruments | 3 | — | 16 | — |
| FINANCIAL ASSETS | 1,314 | 1,025 | 1,117 | 734 |
| Cost | 1,314 | 1,098 | 1,117 | 815 |
| Impairment | — | (73) | — | (81) |
*The split between financial assets at amortized cost and cash and cash equivalent is presented in note 12.6.
The Group holds 19.61% of the shares in Bellon SA, the Parent company of Sodexo S.A., carried at a value of 541 million euros. In accordance with IFRS 9, this financial asset is, as from September 1, 2018, measured at fair value through other comprehensive income. The method used for determining the fair value of this investment is described in note 12.6 “Financial instruments”.
Restricted cash corresponds to 960 million euros of “Financial assets related to the Benefits & Rewards Services activity” primarily in funds set aside to comply with regulations governing the issuance of service vouchers in France (304 million euros), Romania (191 million euros), Belgium (167 million euros), India (127 million euros) and China (80 million euros). The funds remain the property of Sodexo but are subject to restrictions on their use. They may not be used for any purpose other than to reimburse affiliates and must be kept separate from the Group’s unrestricted cash. These funds are invested in interest-bearing instruments.
Restricted cash and financial assets related to the Benefits & Rewards Services activity break down as follows by currency:
| (in million euros) | FISCAL 2022 | FISCAL 2021 |
|---|---|---|
| Euro |
Euro FISCAL 2022491 |
Euro FISCAL 2021439 |
| U.S. dollar |
U.S. dollar FISCAL 20227 |
U.S. dollar FISCAL 20216 |
| Brazilian real |
Brazilian real FISCAL 2022156 |
Brazilian real FISCAL 2021206 |
| Romanian Leu |
Romanian Leu FISCAL 2022191 |
Romanian Leu FISCAL 2021123 |
| Indian rupee |
Indian rupee FISCAL 2022142 |
Indian rupee FISCAL 2021106 |
| Yuan Renminbi |
Yuan Renminbi FISCAL 202287 |
Yuan Renminbi FISCAL 202170 |
| Other currencies |
Other currencies FISCAL 2022183 |
Other currencies FISCAL 2021112 |
| TOTAL RESTRICTED CASH AND FINANCIAL ASSETS RELATED TO THE BENEFITS & REWARDS SERVICES ACTIVITY | TOTAL RESTRICTED CASH AND FINANCIAL ASSETS RELATED TO THE BENEFITS & REWARDS SERVICES ACTIVITYFISCAL 20221,257 | TOTAL RESTRICTED CASH AND FINANCIAL ASSETS RELATED TO THE BENEFITS & REWARDS SERVICES ACTIVITYFISCAL 20211,062 |
