Items recognized directly in Other Comprehensive Income (OCI) are shown below:
| FISCAL 2023 | FISCAL 2022 | |||||
|---|---|---|---|---|---|---|
| (in million euros) | INCREASE/(DECREASE) DURING THE YEAR, PRE-TAX | INCOME TAX (EXPENSE)/BENEFIT | INCREASE/(DECREASE) DURING THE YEAR, NET OF TAX | INCREASE/(DECREASE) DURING THE YEAR, PRE-TAX | INCOME TAX (EXPENSE)/BENEFIT | INCREASE/(DECREASE) DURING THE YEAR, NET OF TAX |
| Financial assets measured at fair value through other comprehensive income* | 197 | (7) | 190 | 65 | (2) | 63 |
| Share of other components of comprehensive income/ (loss) of companies accounted for using the equity method | — | — | — | — | — | — |
| Remeasurements of net defined benefit obligation | (104) | 39 | (65) | 87 | (21) | 66 |
| Currency translation adjustment | (398) | — | (398) | 715 | — | 715 |
| TOTAL OTHER COMPREHENSIVE INCOME/(LOSS) | (305) | 32 | (273) | 867 | (23) | 844 |
| TOTAL OTHER COMPREHENSIVE INCOME/(LOSS) from continued operations | (329) | 34 | (295) | 796 | (23) | 773 |
| TOTAL OTHER COMPREHENSIVE INCOME/(LOSS) from discontinued operations | 24 | (2) | 22 | 71 | — | 71 |
Sodexo takes a long-term view in managing its capital structure, with the objective of ensuring the Group’s liquidity, optimizing its financial structure and allowing shareholders to benefit from its strong cash flow generation.
Contributing to decisions made may be objectives for earnings per share or estimated future cash flows, or for balancing various components of the consolidated statement of financial position in order to meet the net debt criteria defined by Group management and communicated to the marketplace.
The table below presents the calculation of basic and diluted earnings per share:
| FISCAL 2023 | FISCAL 2022 | |
|---|---|---|
| Profit for the year attributable to equity holders of the parent (in million euros) |
Profit for the year attributable to equity holders of the parent (in million euros) FISCAL 2023794 |
Profit for the year attributable to equity holders of the parent (in million euros) FISCAL 2022695 |
| Profit for the year from continued operations attributable to equity holders of the parent (in million euros) |
Profit for the year from continued operations attributable to equity holders of the parent (in million euros)FISCAL 2023560 |
Profit for the year from continued operations attributable to equity holders of the parent (in million euros)FISCAL 2022514 |
| Profit for the year from discontinued operations attributable to equity holders of the parent (in million euros) |
Profit for the year from discontinued operations attributable to equity holders of the parent (in million euros)FISCAL 2023234 |
Profit for the year from discontinued operations attributable to equity holders of the parent (in million euros)FISCAL 2022181 |
| Basic weighted average number of shares |
Basic weighted average number of shares FISCAL 2023146,127,620 |
Basic weighted average number of shares FISCAL 2022146,295,576 |
| Basic earnings per share* (in euros) |
Basic earnings per share* (in euros) FISCAL 20235.44 |
Basic earnings per share* (in euros) FISCAL 20224.75 |
| Net profit of the year from continuing operations, Group share per share (in euros) |
Net profit of the year from continuing operations, Group share per share (in euros) FISCAL 20233.83 |
Net profit of the year from continuing operations, Group share per share (in euros) FISCAL 20223.51 |
| Net profit of the year from discontinued operations, Group share per share (in euros) |
Net profit of the year from discontinued operations, Group share per share (in euros) FISCAL 20231.61 |
Net profit of the year from discontinued operations, Group share per share (in euros) FISCAL 20221.24 |
| Average dilutive effect of free share plans |
Average dilutive effect of free share plans FISCAL 20231,570,255 |
Average dilutive effect of free share plans FISCAL 20221,770,216 |
| Diluted weighted average number of shares |
Diluted weighted average number of shares FISCAL 2023147,697,874 |
Diluted weighted average number of shares FISCAL 2022148,065,793 |
| Diluted earnings per share* (in euros) |
Diluted earnings per share* (in euros) FISCAL 20235.38 |
Diluted earnings per share* (in euros) FISCAL 20224.69 |
| Net profit of the year from continuing operations, Group share diluted per share (in euros) |
Net profit of the year from continuing operations, Group share diluted per share (in euros)FISCAL 20233.80 |
Net profit of the year from continuing operations, Group share diluted per share (in euros)FISCAL 20223.47 |
| Net profit of the year from discontinued operations, Group share diluted per share* (in euros) |
Net profit of the year from discontinued operations, Group share diluted per share* (in euros)FISCAL 20231.58 |
Net profit of the year from discontinued operations, Group share diluted per share* (in euros)FISCAL 20221.22 |
* Basic and diluted earnings per share do not reflect the effect of the dividend premium to be paid on certain registered shares meeting the criteria described in note 11.1. Based on the number of registered shares as of August 31, 2023, such shares total 7,415,072 (8,891,925 as of August 31, 2022).
