Amounts drawn on this facility carry floating interest indexed on the LIBOR and EURIBOR rates. This credit facility is not subject to any covenants.
No amounts had been drawn down on the facility as of either August 31, 2022 or August 31, 2021.
As of August 31, 2022, borrowings under the Sodexo S.A.commercial paper programs are nil, as on August 31, 2021.
The bonds and loans from financial institutions described above include customary early redemption clauses. These early redemption clauses include cross-default or change of control clauses that apply to all borrowings.
On September 14, 2017, Sodexo S.A. borrowed 580 million euros from its subsidiary Sodexo Finance Designed Activity Company redeemable in September 2034. The amount of accrued interest relating to this loan amounted to 15 million euros as of August 31, 2022.
| ACCRUED EXPENSES (in million euros) | |
|---|---|
| Borrowings | Borrowings
29 |
| Accounts payable | Accounts payable
45 |
| Tax and employee-related liabilities | Tax and employee-related liabilities
41 |
| TOTAL | TOTAL 115 |
|
|
| DEFERRED REVENUES AND PREPAID EXPENSES (in million euros) | DEFERRED REVENUES AND PREPAID EXPENSES (in million euros)
|
| Deferred revenues | Deferred revenues
— |
| Prepaid expenses | Prepaid expenses
13 |
| (in million euros) | RELATED PARTIES | ASSOCIATED COMPANIES | OTHER | TOTAL |
|---|---|---|---|---|
| Assets – Gross value | Assets – Gross value RELATED PARTIES
|
Assets – Gross value ASSOCIATED COMPANIES
|
Assets – Gross value OTHER
|
Assets – Gross value TOTAL
|
| Equity investments | Equity investments RELATED PARTIES 7,710 |
Equity investments ASSOCIATED COMPANIES 95 |
Equity investments OTHER
|
Equity investments TOTAL 7,805 |
| Receivables related to equity investments | Receivables related to equity investments RELATED PARTIES 5 |
Receivables related to equity investments ASSOCIATED COMPANIES 11 |
Receivables related to equity investments OTHER
|
Receivables related to equity investments TOTAL 16 |
| Other investment securities | Other investment securities RELATED PARTIES — |
Other investment securities ASSOCIATED COMPANIES
|
Other investment securities OTHER
|
Other investment securities TOTAL — |
| Advances to suppliers | Advances to suppliers RELATED PARTIES — |
Advances to suppliers ASSOCIATED COMPANIES
|
Advances to suppliers OTHER
|
Advances to suppliers TOTAL — |
| Accounts receivable | Accounts receivable RELATED PARTIES 67 |
Accounts receivable ASSOCIATED COMPANIES
|
Accounts receivable OTHER 1 |
Accounts receivable TOTAL 68 |
| Other operating receivables | Other operating receivables RELATED PARTIES 2 |
Other operating receivables ASSOCIATED COMPANIES
|
Other operating receivables OTHER
|
Other operating receivables TOTAL 2 |
| Due from related companies | Due from related companies RELATED PARTIES 58 |
Due from related companies ASSOCIATED COMPANIES
|
Due from related companies OTHER
|
Due from related companies TOTAL 58 |
| Non-operating receivables | Non-operating receivables RELATED PARTIES — |
Non-operating receivables ASSOCIATED COMPANIES
|
Non-operating receivables OTHER
|
Non-operating receivables TOTAL — |
| TOTAL | TOTAL RELATED PARTIES 7,842 |
TOTAL ASSOCIATED COMPANIES
|
TOTAL OTHER 107 |
TOTAL TOTAL 7,949 |
| Liabilities | Liabilities RELATED PARTIES
|
Liabilities ASSOCIATED COMPANIES
|
Liabilities OTHER
|
Liabilities TOTAL
|
| Accounts payable | Accounts payable RELATED PARTIES 9 |
Accounts payable ASSOCIATED COMPANIES
|
Accounts payable OTHER
|
Accounts payable TOTAL 9 |
| Due to related companies | Due to related companies RELATED PARTIES 338 |
Due to related companies ASSOCIATED COMPANIES
|
Due to related companies OTHER
|
Due to related companies TOTAL 338 |
| TOTAL | TOTAL RELATED PARTIES 347 |
TOTAL ASSOCIATED COMPANIES
|
TOTAL OTHER — |
TOTAL TOTAL 347 |
| Income statement | Income statement RELATED PARTIES
|
Income statement ASSOCIATED COMPANIES
|
Income statement OTHER
|
Income statement TOTAL
|
| Revenues | Revenues RELATED PARTIES 202 |
Revenues ASSOCIATED COMPANIES
|
Revenues OTHER
|
Revenues TOTAL 202 |
| Other operating income | Other operating income RELATED PARTIES 245 |
Other operating income ASSOCIATED COMPANIES
|
Other operating income OTHER
|
Other operating income TOTAL 245 |
| Other operating expenses | Other operating expenses RELATED PARTIES 144 |
Other operating expenses ASSOCIATED COMPANIES
|
Other operating expenses OTHER
|
Other operating expenses TOTAL 144 |
| Financial income | Financial income RELATED PARTIES 450 |
Financial income ASSOCIATED COMPANIES
|
Financial income OTHER
|
Financial income TOTAL 450 |
| Financial expenses | Financial expenses RELATED PARTIES 69 |
Financial expenses ASSOCIATED COMPANIES
|
Financial expenses OTHER 23 |
Financial expenses TOTAL 92 |
| Exceptional income | Exceptional income RELATED PARTIES 90 |
Exceptional income ASSOCIATED COMPANIES
|
Exceptional income OTHER
|
Exceptional income TOTAL 90 |
| Exceptional expenses | Exceptional expenses RELATED PARTIES 17 |
Exceptional expenses ASSOCIATED COMPANIES 2 |
Exceptional expenses OTHER
|
Exceptional expenses TOTAL 19 |
Related parties: fully consolidated companies.
Associated companies: companies accounted for using the equity method, and non-consolidated companies in which Sodexo S.A. has an equity interest of more than 10%.
