| AUGUST 31, 2022 | AUGUST 31, 2021 | |||||
|---|---|---|---|---|---|---|
| (in million euros) | PROFIT BEFORE TAX EXCLUDING SHARE OF PROFIT OF COMPANIES ACCOUNTED FOR USING THE EQUITY METHOD | INCOME TAX | RATE | PROFIT BEFORE TAX EXCLUDING SHARE OF PROFIT OF COMPANIES ACCOUNTED FOR USING THE EQUITY METHOD | INCOME TAX | RATE |
| EFFECTIVE | 960 | (264) | 27.5% | 229 | (101) | 43.9% |
| Adjustments: | ||||||
| Restructuring costs | 14 | (4) | 153 | (39) | ||
| Impairment losses and amortization of intangible assets relating to client relationships and trademarks | 46 | (12) | 60 | (15) | ||
| Non recognition of non recurrent deferred taxes | — | 20 | — | 31 | ||
| Others | (56) | (5) | 25 | (8) | ||
| UNDERLYING | 964 | (265) | 27.5% | 467 | (132) | 28.3% |
| (in million euros, unless otherwise indicated) | FISCAL 2022 | FISCAL 2021 |
|---|---|---|
| Total shareholders’ equity |
Total shareholders’ equityFISCAL 2022 4,425 |
Total shareholders’ equityFISCAL 2021 3,175 |
| Equity attributable to equity holders of the parent |
Equity attributable to equity holders of the parent FISCAL 20224,415 |
Equity attributable to equity holders of the parent FISCAL 20213,167 |
| Non-controlling interests |
Non-controlling interests FISCAL 202210 |
Non-controlling interests FISCAL 20217 |
|
Borrowings(1) |
Borrowings(1) FISCAL 20225,742 |
Borrowings(1) FISCAL 20216,072 |
| Non-current borrowings |
Non-current borrowings FISCAL 20225,709 |
Non-current borrowings FISCAL 20215,453 |
| Current borrowings |
Current borrowings FISCAL 202233 |
Current borrowings FISCAL 2021619 |
| Cash and equivalent, net of bank overdrafts | Cash and equivalent, net of bank overdraftsFISCAL 20223,217 | Cash and equivalent, net of bank overdraftsFISCAL 20213,532 |
| Financial assets of the Benefits & Rewards Services activity (including restricted cash) | Financial assets of the Benefits & Rewards Services activity (including restricted cash)FISCAL 20221,257 | Financial assets of the Benefits & Rewards Services activity (including restricted cash)FISCAL 20211,062 |
|
Net borrowings(2) |
Net borrowings(2) FISCAL 20221,268 |
Net borrowings(2) FISCAL 20211,478 |
| Revenue | RevenueFISCAL 202221,125 | RevenueFISCAL 202117,428 |
| Underlying Operating profit | Underlying Operating profitFISCAL 20221,059 | Underlying Operating profitFISCAL 2021578 |
| Operating profit |
Operating profit FISCAL 20221,054 |
Operating profit FISCAL 2021339 |
| Net profit for the year |
Net profit for the year FISCAL 2022704 |
Net profit for the year FISCAL 2021137 |
| Net profit attributable to non-controlling interests |
Net profit attributable to non-controlling interests FISCAL 20229 |
Net profit attributable to non-controlling interests FISCAL 2021(2) |
| Net profit attributable to equity holders of the parent | Net profit attributable to equity holders of the parentFISCAL 2022695 | Net profit attributable to equity holders of the parentFISCAL 2021139 |
| Weighted average number of shares | Weighted average number of sharesFISCAL 2022146,295,576 | Weighted average number of sharesFISCAL 2021146,004,484 |
| Earnings per share (in euro) |
Earnings per share (in euro) FISCAL 20224.75 |
Earnings per share (in euro) FISCAL 20211.0 |
| Dividend per share paid during the fiscal year (in euros) |
Dividend per share paid during the fiscal year (in euros) FISCAL 20222.0 |
Dividend per share paid during the fiscal year (in euros) FISCAL 2021— |
| Share price at August 31 (in euros) |
Share price at August 31 (in euros) FISCAL 202276.44 |
Share price at August 31 (in euros) FISCAL 202170.02 |
| Highest share price in the fiscal year (in euros) |
Highest share price in the fiscal year (in euros) FISCAL 202287.98 |
Highest share price in the fiscal year (in euros) FISCAL 202188.04 |
| Lowest share price in the fiscal year (in euros) |
Lowest share price in the fiscal year (in euros) FISCAL 202262.40 |
Lowest share price in the fiscal year (in euros) FISCAL 202153.40 |
(1) Including net financial instruments at fair value, excluding bank overdrafts.
(2) Cash and cash equivalents + restricted cash and financial assets of the Benefits & Rewards Services activity – borrowings.
The exchange rates of non-member countries of the euro zone used to prepare the consolidated financial statements are mainly:
| CLOSING EXCHANGE RATE AT AUGUST 31, 2022 | AVERAGE EXCHANGE RATE FISCAL 2022 | |||
| ISO CODES | COUNTRIES | CURRENCY | 1 EURO = | 1 EURO = |
| USD | United States | U.S. dollar | 1.000000 | 1.101100 |
| GBP | United Kingdom | Pound Sterling | 0.860350 | 0.846463 |
| BRL | Brazil | Brazilian real | 5.148200 | 5.772225 |
| AUD | Australia | Australian dollar | 1.459100 | 1.532913 |
| CAD | Canada | Canadian dollar | 1.311100 | 1.400438 |
| CNY | China | Yuan Renminbi | 6.894700 | 7.148950 |
| SEK | Sweden | Swedish Krona | 10.678800 | 10.367138 |
| INR | India | Indian Rupee (thousands) | 0.079547 | 0.083727 |
