(in million euros) | PRE-TAX INCOME | INCOME TAXES | AFTER-TAX INCOME |
---|---|---|---|
Operating income | Operating income PRE-TAX INCOME37 |
Operating income INCOME TAXES(10) |
Operating income AFTER-TAX INCOME27 |
Financial income/(expense), net | Financial income/(expense), net PRE-TAX INCOME326 |
Financial income/(expense), net INCOME TAXES8 |
Financial income/(expense), net AFTER-TAX INCOME334 |
Exceptional income/(expense), net* |
Exceptional income/(expense), net* PRE-TAX INCOME(51) |
Exceptional income/(expense), net* INCOME TAXES11 |
Exceptional income/(expense), net* AFTER-TAX INCOME(40) |
Employee profit-sharing | Employee profit-sharing PRE-TAX INCOME— |
Employee profit-sharing INCOME TAXES— |
Employee profit-sharing AFTER-TAX INCOME— |
TOTAL | TOTALPRE-TAX INCOME312 | TOTALINCOME TAXES9 | TOTALAFTER-TAX INCOME321 |
*This amount includes the 9 million euros tax gain arising from the French tax consolidation. This benefit represents the difference between the aggregate of the tax income and expenses recognized by the French subsidiaries included in the French tax consolidation and the income tax of Sodexo S.A. as lead company in the French tax consolidation.
(in million euros) | GROSS VALUE AT AUGUST 31, 2021 | ADDITIONS DURING THE PERIOD | DECREASES DURING THE PERIOD | OTHER MOVEMENTS DURING THE PERIOD | GROSS VALUE AT AUGUST 31, 2022 | NET VALUE AT AUGUST 31, 2022 |
---|---|---|---|---|---|---|
Intangible assets | Intangible assets GROSS VALUE AT AUGUST 31, 2021122 |
Intangible assets ADDITIONS DURING THE PERIOD21 |
Intangible assets DECREASES DURING THE PERIOD4 |
Intangible assets OTHER MOVEMENTS DURING THE PERIOD— |
Intangible assets GROSS VALUE AT AUGUST 31, 2022139 |
Intangible assets NET VALUE AT AUGUST 31, 202260 |
Property, plant and equipment | Property, plant and equipment GROSS VALUE AT AUGUST 31, 202119 |
Property, plant and equipment ADDITIONS DURING THE PERIOD— |
Property, plant and equipment DECREASES DURING THE PERIOD— |
Property, plant and equipment OTHER MOVEMENTS DURING THE PERIOD— |
Property, plant and equipment GROSS VALUE AT AUGUST 31, 202219 |
Property, plant and equipment NET VALUE AT AUGUST 31, 20225 |
Financial investments | Financial investments GROSS VALUE AT AUGUST 31, 2021
|
Financial investments ADDITIONS DURING THE PERIOD
|
Financial investments DECREASES DURING THE PERIOD
|
Financial investments OTHER MOVEMENTS DURING THE PERIOD
|
Financial investments GROSS VALUE AT AUGUST 31, 2022
|
Financial investments NET VALUE AT AUGUST 31, 2022
|
Equity investments |
Equity investments GROSS VALUE AT AUGUST 31, 20217,268 |
Equity investments ADDITIONS DURING THE PERIOD870 |
Equity investments DECREASES DURING THE PERIOD333 |
Equity investments OTHER MOVEMENTS DURING THE PERIOD— |
Equity investments GROSS VALUE AT AUGUST 31, 20227,805 |
Equity investments NET VALUE AT AUGUST 31, 20227,515 |
Receivables related to equity investments |
Receivables related to equity investments GROSS VALUE AT AUGUST 31, 202116 |
Receivables related to equity investments ADDITIONS DURING THE PERIOD10 |
Receivables related to equity investments DECREASES DURING THE PERIOD11 |
Receivables related to equity investments OTHER MOVEMENTS DURING THE PERIOD1 |
Receivables related to equity investments GROSS VALUE AT AUGUST 31, 202216 |
Receivables related to equity investments NET VALUE AT AUGUST 31, 20227 |
Other financial assets |
Other financial assets GROSS VALUE AT AUGUST 31, 202188 |
Other financial assets ADDITIONS DURING THE PERIOD65 |
Other financial assets DECREASES DURING THE PERIOD2 |
Other financial assets OTHER MOVEMENTS DURING THE PERIOD3 |
Other financial assets GROSS VALUE AT AUGUST 31, 2022154 |
Other financial assets NET VALUE AT AUGUST 31, 2022154 |
TOTAL FINANCIAL INVESTMENTS | TOTAL FINANCIAL INVESTMENTS GROSS VALUE AT AUGUST 31, 20217,371 |
TOTAL FINANCIAL INVESTMENTS ADDITIONS DURING THE PERIOD945 |
TOTAL FINANCIAL INVESTMENTS DECREASES DURING THE PERIOD346 |
TOTAL FINANCIAL INVESTMENTS OTHER MOVEMENTS DURING THE PERIOD4 |
TOTAL FINANCIAL INVESTMENTS GROSS VALUE AT AUGUST 31, 20227,975 |
TOTAL FINANCIAL INVESTMENTS NET VALUE AT AUGUST 31, 20227,676 |
TOTAL | TOTALGROSS VALUE AT AUGUST 31, 20217,512 | TOTALADDITIONS DURING THE PERIOD966 | TOTALDECREASES DURING THE PERIOD350 | TOTALOTHER MOVEMENTS DURING THE PERIOD4 | TOTALGROSS VALUE AT AUGUST 31, 20228,133 | TOTALNET VALUE AT AUGUST 31, 20227,741 |
In accordance with ANC regulation no. 2015-06, merger deficits are included in “Other financial assets” for 74 million euros as of August 31, 2022.
Sodexo S.A. participated in the recapitalization of its subsidiaries mainly in the Netherlands, Germany and Spain for a total of 82 million euros. In addition, capital reductions on Sodexo Belgium, Sodexo Participations & Assets and Sofinsod were carried out in 2022 for a total amount of 231 million euros.
Sodexo S.A. recapitalized Sodexo Participations & Assets as part of the buyback of Sodexo Canada shares for a total of 338 million euros. Sodexo S.A. then bought back the shares of Sodexo Canada from Sodexo Participations & Assets for an amount of 338 million euros.
Sodexo S.A. purchased from its subsidiary Sodexo Belgium the 19% stake in the Grandir group for an amount of 93 million euros as well as the convertible bonds of The Grandir Group S.A.S. for an amount of 62 million euros.
Investments in Morocco, Russia, Congo and Czech Republic were sold during Fiscal 2022.
(in million euros) | ACCUMULATED DEPRECIATION AND AMORTIZATION AUGUST 31, 2021 | INCREASES DURING THE PERIOD | DECREASES DURING THE PERIOD | OTHER MOVEMENTS DURING THE PERIOD | ACCUMULATED DEPRECIATION AND AMORTIZATION AUGUST 31, 2022 |
---|---|---|---|---|---|
Intangible assets | Intangible assets ACCUMULATED DEPRECIATION AND AMORTIZATION AUGUST 31, 202166 |
Intangible assets INCREASES DURING THE PERIOD14 |
Intangible assets DECREASES DURING THE PERIOD2 |
Intangible assets OTHER MOVEMENTS DURING THE PERIOD— |
Intangible assets ACCUMULATED DEPRECIATION AND AMORTIZATION AUGUST 31, 202278 |
Property, plant and equipment | Property, plant and equipment ACCUMULATED DEPRECIATION AND AMORTIZATION AUGUST 31, 202112 |
Property, plant and equipment INCREASES DURING THE PERIOD2 |
Property, plant and equipment DECREASES DURING THE PERIOD— |
Property, plant and equipment OTHER MOVEMENTS DURING THE PERIOD— |
Property, plant and equipment ACCUMULATED DEPRECIATION AND AMORTIZATION AUGUST 31, 202214 |
TOTAL | TOTALACCUMULATED DEPRECIATION AND AMORTIZATION AUGUST 31, 202178 | TOTALINCREASES DURING THE PERIOD16 | TOTALDECREASES DURING THE PERIOD2 | TOTALOTHER MOVEMENTS DURING THE PERIOD— | TOTALACCUMULATED DEPRECIATION AND AMORTIZATION AUGUST 31, 202292 |