| not included | CHANGE IN FAIR VALUE | |||||||
|---|---|---|---|---|---|---|---|---|
|
CARRYING AMOUNT (in million euros) |
AUGUST 31, 2023 | INCREASE/(DECREASE) DURING THE PERIOD | IMPAIRMENT | CHANGES IN SCOPE OF CONSOLIDATION(3) | INCOME | OCI(1) | CURRENCY TRANSLATION ADJUSTMENT AND OTHER | AUGUST 31, 2024 |
| Investments in non-consolidated companies(2) | 925 | — | — | (922) | — | 193 | 2 | 198 |
| Receivables from investees | 69 | — | — | — | 6 | — | — | 75 |
| Loans and deposits | 144 | (3) | — | — | — | — | 3 | 144 |
| FINANCIAL ASSETS EXCLUDING FINANCIAL DERIVATIVES INSTRUMENTS | 1,138 | (3) | — | (922) | 6 | 193 | 5 | 417 |
(1) Other comprehensive income of which fair value revaluation of Bellon SA for 195 million euros.
(2) The scope changes during the fiscal year mainly correspond to the derecognition of Bellon SA shares following the sale of Sofinsod for 918 million euros (see note 12.3.1).
| inot included | CHANGE IN FAIR VALUE | |||||||
|---|---|---|---|---|---|---|---|---|
|
CARRYING AMOUNT (in million euros) |
AUGUST 31, 2022 | INCREASE/(DECREASE) DURING THE PERIOD | IMPAIRMENT | RECLASSIFICATIONS IN ASSETS HELD FOR SALE OR FOR DISTRIBUTION(3) | INCOME | OCI(1) | CURRENCY TRANSLATION ADJUSTMENT AND OTHER | AUGUST 31, 2023 |
| Investments in non-consolidated companies(2) | 863 | 1 | — | (133) | — | 197 | (2) | 925 |
| Financial assets related to Benefits & Rewards Services activity (Pluxee), including restricted cash(3) | 1,257 | — | — | (1,257) | — | — | — | — |
| Receivables from investees | 79 | 1 | — | — | — | — | (11) | 69 |
| Loans and deposits | 137 | 106 | (4) | (133) | 49 | — | (11) | 144 |
| FINANCIAL ASSETS EXCLUDING FINANCIAL DERIVATIVE INSTRUMENTS | 2,336 | 108 | (4) | (1,523) | 49 | 197 | (24) | 1,138 |
(1) Other comprehensive income.
(2) Mainly due to the fair value revaluation of Bellon SA for 181 million euros.
(3) The reclassifications made during the period correspond to the reclassification of Pluxee (ex Benefits & Rewards Services activity) current and non-current financial assets excluding derivative financial instruments in assets held for sale or for distribution (see note 3.2).
Changes in borrowings during Fiscal 2024 and Fiscal 2023 were as follows:
| (in million euros) | AUGUST 31, 2023 | INCREASES | REPAYMENTS | DISCOUNTING EFFECTS AND OTHER | CURRENCY TRANSLATION ADJUSTMENT | CHANGES IN SCOPE OF CONSOLIDATION | AUGUST 31, 2024 |
|---|---|---|---|---|---|---|---|
| Bond issues |
Bond issues AUGUST 31, 20235,501 |
Bond issues INCREASES76 |
Bond issues REPAYMENTS(872) |
Bond issues DISCOUNTING EFFECTS AND OTHER11 |
Bond issues CURRENCY TRANSLATION ADJUSTMENT(17) |
Bond issues CHANGES IN SCOPE OF CONSOLIDATION— |
Bond issues AUGUST 31, 20244,699 |
| Private Placements and bank borrowings(1) |
Private Placements and bank borrowings (1)AUGUST 31, 2023— |
Private Placements and bank borrowings (1)INCREASES305 |
Private Placements and bank borrowings (1)REPAYMENTS(305) |
Private Placements and bank borrowings (1)DISCOUNTING EFFECTS AND OTHER— |
Private Placements and bank borrowings (1)CURRENCY TRANSLATION ADJUSTMENT— |
Private Placements and bank borrowings (1)CHANGES IN SCOPE OF CONSOLIDATION— |
Private Placements and bank borrowings (1)AUGUST 31, 2024— |
| Other borrowings |
Other borrowings AUGUST 31, 202351 |
Other borrowings INCREASES— |
Other borrowings REPAYMENTS(35) |
Other borrowings DISCOUNTING EFFECTS AND OTHER(5) |
Other borrowings CURRENCY TRANSLATION ADJUSTMENT— |
Other borrowings CHANGES IN SCOPE OF CONSOLIDATION(5) |
Other borrowings AUGUST 31, 20246 |
| TOTAL BORROWINGS EXCLUDING DERIVATIVE FINANCIAL INSTRUMENTS | TOTAL BORROWINGS EXCLUDING DERIVATIVE FINANCIAL INSTRUMENTSAUGUST 31, 20235,552 | TOTAL BORROWINGS EXCLUDING DERIVATIVE FINANCIAL INSTRUMENTSINCREASES381 | TOTAL BORROWINGS EXCLUDING DERIVATIVE FINANCIAL INSTRUMENTSREPAYMENTS(1,212) | TOTAL BORROWINGS EXCLUDING DERIVATIVE FINANCIAL INSTRUMENTSDISCOUNTING EFFECTS AND OTHER6 | TOTAL BORROWINGS EXCLUDING DERIVATIVE FINANCIAL INSTRUMENTSCURRENCY TRANSLATION ADJUSTMENT(17) | TOTAL BORROWINGS EXCLUDING DERIVATIVE FINANCIAL INSTRUMENTSCHANGES IN SCOPE OF CONSOLIDATION(5) | TOTAL BORROWINGS EXCLUDING DERIVATIVE FINANCIAL INSTRUMENTSAUGUST 31, 20244,705 |
| Net fair value of derivative financial instruments(2) |
Net fair value of derivative financial instruments (2)AUGUST 31, 202336 |
Net fair value of derivative financial instruments (2)INCREASES20 |
Net fair value of derivative financial instruments (2)REPAYMENTS(8) |
Net fair value of derivative financial instruments (2)DISCOUNTING EFFECTS AND OTHER(10) |
Net fair value of derivative financial instruments (2)CURRENCY TRANSLATION ADJUSTMENT(9) |
Net fair value of derivative financial instruments (2)CHANGES IN SCOPE OF CONSOLIDATION— |
Net fair value of derivative financial instruments (2)AUGUST 31, 202429 |
| TOTAL BORROWINGS | TOTAL BORROWINGSAUGUST 31, 20235,588 | TOTAL BORROWINGSINCREASES401 | TOTAL BORROWINGSREPAYMENTS(1,220) | TOTAL BORROWINGSDISCOUNTING EFFECTS AND OTHER(4) | TOTAL BORROWINGSCURRENCY TRANSLATION ADJUSTMENT(26) | TOTAL BORROWINGSCHANGES IN SCOPE OF CONSOLIDATION(5) | TOTAL BORROWINGSAUGUST 31, 20244,734 |
(1) Commercial paper was drawn short term during fiscal year and fully repaid by August 31, 2024.
(2) Including derivative financial instruments of 31 million euros recorded in liabilities as of August 31, 2024 (41 million euros as of August 31, 2023).
