Universal Registration Document - Fiscal 2023

5. Information on the Issuer

NOTE 3. ANALYSIS OF NET REVENUES

(in million euros) FISCAL 2023 FISCAL 2022
Revenues by business activity Revenues by business activityFISCAL 2023

 

Revenues by business activityFISCAL 2022

 

On-site Services

On-site Services

FISCAL 2023

On-site Services

FISCAL 2022

Holding company services

Holding company services

FISCAL 2023

224

Holding company services

FISCAL 2022

202

TOTAL TOTALFISCAL 2023224 TOTALFISCAL 2022202
Revenues by geographic region Revenues by geographic regionFISCAL 2023

 

Revenues by geographic regionFISCAL 2022

 

France

France

FISCAL 2023

224

France

FISCAL 2022

202

TOTAL TOTALFISCAL 2023224 TOTALFISCAL 2022202

NOTE 4.FINANCIAL INCOME AND EXPENSE, NET

(in million euros) FISCAL 2023 FISCAL 2022
Dividends received from subsidiaries and affiliates

Dividends received from subsidiaries and affiliates

FISCAL 2023

821

Dividends received from subsidiaries and affiliates

FISCAL 2022

424

Interest income

Interest income

FISCAL 2023

28

Interest income

FISCAL 2022

14

Interest expense and other financial costs

Interest expense and other financial costs

FISCAL 2023

(77)

Interest expense and other financial costs

FISCAL 2022

(74)

Net foreign exchange gain/(loss)

Net foreign exchange gain/(loss)

FISCAL 2023

(24)

Net foreign exchange gain/(loss)

FISCAL 2022

1

Net change in provisions for financial items

Net change in provisions for financial items

FISCAL 2023

(21)

Net change in provisions for financial items

FISCAL 2022

(39)

TOTAL TOTALFISCAL 2023727 TOTALFISCAL 2022326

The net change in provisions for financial items primarily corresponds to the net total of increase and releases of provisions for impairment of equity investments for -46 million euros and the release of foreign exchange losses provisions for 29 million euros.

NOTE 5. EXCEPTIONAL ITEMS, NET

(in million euros) FISCAL 2023 FISCAL 2022
Net change in provision for negative net assets of subsidiaries and equity investments

Net change in provision for negative net assets of subsidiaries and equity investments

FISCAL 2023

Net change in provision for negative net assets of subsidiaries and equity investments

FISCAL 2022

2

Net expense on treasury shares and commitments under stock option plans

Net expense on treasury shares and commitments under stock option plans

FISCAL 2023

(8)

Net expense on treasury shares and commitments under stock option plans

FISCAL 2022

(8)

Net change in provisions for tax losses reclaimable and other risks and charges

Net change in provisions for tax losses reclaimable and other risks and charges

FISCAL 2023

(3)

Net change in provisions for tax losses reclaimable and other risks and charges

FISCAL 2022

(8)

Net gain/(loss) on asset disposals

Net gain/(loss) on asset disposals

FISCAL 2023

552

Net gain/(loss) on asset disposals

FISCAL 2022

(27)

Other provision increase or decrease

Other provision increase or decrease

FISCAL 2023

11

Other provision increase or decrease

FISCAL 2022

(11)

Other

Other

FISCAL 2023

(22)

Other

FISCAL 2022

1

TOTAL TOTALFISCAL 2023530 TOTALFISCAL 2022(51)

The net loss on asset disposals includes mainly the capital gain on the sale of 11.95% of Pluxee International shares and the capital loss on the sale of CSM shares.

The “Other” line item includes an indemnity of 21 million euros in Fiscal 2023 due as a result of Sodexo S.A.’s early redemption of 580 million euros loan from Sodexo Finance Designated Activity Company.

The 8 million euros net loss on treasury shares and commitments under restricted shares plans comprises:

  • a 47 million euros loss on the sale of treasury shares in connection with the delivery of restricted shares;
  • a 39 million euros net release of provisions for restricted share grants.