| (in million euros) | AUGUST 31, 2022 | INCREASES | REPAYMENTS | DISCOUNTING EFFECTS AND OTHER | CURRENCY TRANSLATION ADJUSTMENT | CHANGES IN SCOPE OF CONSOLIDATION | RECLASSIFICATIONS IN LIABILITIES DIRECTLY ASSOCIATED WITH ASSETS HELD FOR SALE OR FOR DISTRIBUTION(2) | AUGUST 31, 2023 |
|---|---|---|---|---|---|---|---|---|
| Bond issues |
Bond issues AUGUST 31, 20225,600 |
Bond issues INCREASES70 |
Bond issues REPAYMENTS(65) |
Bond issues DISCOUNTING EFFECTS AND OTHER(8) |
Bond issues CURRENCY TRANSLATION ADJUSTMENT(96) |
Bond issues CHANGES IN SCOPE OF CONSOLIDATION— |
Bond issues RECLASSIFICATIONS IN LIABILITIES DIRECTLY ASSOCIATED WITH ASSETS HELD FOR SALE OR FOR DISTRIBUTION(2)— |
Bond issues AUGUST 31, 20235,501 |
| Private Placements and bank borrowings(1) |
Private Placements and bank borrowings (1)AUGUST 31, 20221 |
Private Placements and bank borrowings (1)INCREASES477 |
Private Placements and bank borrowings (1)REPAYMENTS(478) |
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)RECLASSIFICATIONS IN LIABILITIES DIRECTLY ASSOCIATED WITH ASSETS HELD FOR SALE OR FOR DISTRIBUTION(2)— |
Private Placements and bank borrowings (1)AUGUST 31, 2023— |
| Other borrowings |
Other borrowings AUGUST 31, 2022108 |
Other borrowings INCREASES— |
Other borrowings REPAYMENTS(5) |
Other borrowings DISCOUNTING EFFECTS AND OTHER(2) |
Other borrowings CURRENCY TRANSLATION ADJUSTMENT(5) |
Other borrowings CHANGES IN SCOPE OF CONSOLIDATION1 |
Other borrowings RECLASSIFICATIONS IN LIABILITIES DIRECTLY ASSOCIATED WITH ASSETS HELD FOR SALE OR FOR DISTRIBUTION(2)(46) |
Other borrowings AUGUST 31, 202351 |
| TOTAL BORROWINGS EXCLUDING DERIVATIVE FINANCIAL INSTRUMENTS | TOTAL BORROWINGS EXCLUDING DERIVATIVE FINANCIAL INSTRUMENTSAUGUST 31, 20225,709 | TOTAL BORROWINGS EXCLUDING DERIVATIVE FINANCIAL INSTRUMENTSINCREASES547 | TOTAL BORROWINGS EXCLUDING DERIVATIVE FINANCIAL INSTRUMENTSREPAYMENTS(548) | TOTAL BORROWINGS EXCLUDING DERIVATIVE FINANCIAL INSTRUMENTSDISCOUNTING EFFECTS AND OTHER(10) | TOTAL BORROWINGS EXCLUDING DERIVATIVE FINANCIAL INSTRUMENTSCURRENCY TRANSLATION ADJUSTMENT(101) | TOTAL BORROWINGS EXCLUDING DERIVATIVE FINANCIAL INSTRUMENTSCHANGES IN SCOPE OF CONSOLIDATION1 | TOTAL BORROWINGS EXCLUDING DERIVATIVE FINANCIAL INSTRUMENTSRECLASSIFICATIONS IN LIABILITIES DIRECTLY ASSOCIATED WITH ASSETS HELD FOR SALE OR FOR DISTRIBUTION(2)(46) | TOTAL BORROWINGS EXCLUDING DERIVATIVE FINANCIAL INSTRUMENTSAUGUST 31, 20235,552 |
| Net fair value of derivative financial instruments(3) |
Net fair value of derivative financial instruments (3)AUGUST 31, 202233 |
Net fair value of derivative financial instruments (3)INCREASES7 |
Net fair value of derivative financial instruments (3)REPAYMENTS(2) |
Net fair value of derivative financial instruments (3)DISCOUNTING EFFECTS AND OTHER7 |
Net fair value of derivative financial instruments (3)CURRENCY TRANSLATION ADJUSTMENT(9) |
Net fair value of derivative financial instruments (3)CHANGES IN SCOPE OF CONSOLIDATION— |
Net fair value of derivative financial instruments (3)RECLASSIFICATIONS IN LIABILITIES DIRECTLY ASSOCIATED WITH ASSETS HELD FOR SALE OR FOR DISTRIBUTION(2)— |
Net fair value of derivative financial instruments (3)AUGUST 31, 202336 |
| TOTAL BORROWINGS | TOTAL BORROWINGSAUGUST 31, 20225,742 | TOTAL BORROWINGSINCREASES554 | TOTAL BORROWINGSREPAYMENTS(550) | TOTAL BORROWINGSDISCOUNTING EFFECTS AND OTHER(3) | TOTAL BORROWINGSCURRENCY TRANSLATION ADJUSTMENT(110) | TOTAL BORROWINGSCHANGES IN SCOPE OF CONSOLIDATION1 | TOTAL BORROWINGSRECLASSIFICATIONS IN LIABILITIES DIRECTLY ASSOCIATED WITH ASSETS HELD FOR SALE OR FOR DISTRIBUTION(2)(46) | TOTAL BORROWINGSAUGUST 31, 20235,588 |
(1) Commercial paper was drawn short term during fiscal year and fully repaid by August 31, 2023.
(2) The reclassification made during the period correspond mainly to the liabilities of Pluxee (ex Benefits & Rewards Services activity) reclassified in liabilities directly associated with assets held for sale or for distribution (see note 3.2).
(3) Including derivative financial instruments of 41 million euros recorded in liabilities as of August 31, 2023 (14 million euros as of August 31, 2022).
| not included | FISCAL 2024 | FISCAL 2023 | ||
|---|---|---|---|---|
| (in million euros) | CURRENT | NON-CURRENT | CURRENT | NO-CURRENT |
| Bond issues(1) | not included | not included | not included | not included |
| U.S. dollar (USD) | 10 | 1,095 | 10 | 1,107 |
| Euro | 706 | 2,591 | 507 | 3,586 |
| Pound sterling | 1 | 296 | 1 | 290 |
| TOTAL | 717 | 3,982 | 518 | 4,983 |
| Private Placements and bank borrowings | not included | not included | not included | not included |
| Euro | — | — | — | — |
| Other borrowings(2) | not included | not included | not included | not included |
| Euro | — | 1 | 8 | 14 |
| Pound sterling | — | 1 | 6 | 1 |
| Other currencies | 4 | — | 1 | 21 |
| TOTAL(3) | 4 | 2 | 15 | 36 |
| BORROWINGS EXCLUDING DERIVATIVE FINANCIAL INSTRUMENTS | 721 | 3,984 | 533 | 5,019 |
| Net fair value of derivative financial instruments(4) | 3 | 26 | 3 | 33 |
| BORROWINGS | 724 | 4,010 | 536 | 5,052 |
(1) Including, as of August 31, 2024, 3,594 million euros bonds issued by Sodexo S.A. and 1,105 million euros bonds issued by Sodexo, Inc.
(2) Accounting at amortized cost is equivalent to accounting at historical cost (principal amount) to the extent that the costs on these loans are not significant.
(3) Of which 2 million euros as of August 31, 2024 (36 million euros as of August 31, 2023) corresponding to liabilities recognized in connection with written put options over non-controlling interests in certain subsidiaries.
(4) Described in note 12.5.
| (in million euros) | Principal (in local currency) | Currency | Principal (in euro) | Rate type | Rate | Issuance date | Maturity | Accrued interest (in euro) | Unarmortise d cost | Total (in euro) |
|---|---|---|---|---|---|---|---|---|---|---|
| Sodexo SA |
Sodexo SA Principal (in local currency)500 |
Sodexo SA CurrencyEUR |
Sodexo SA Principal (in euro)500 |
Sodexo SA Rate typeFixe |
Sodexo SA Rate2.500% |
Sodexo SA Issuance date6/24/2014 |
Sodexo SA Maturity6/24/2026 |
Sodexo SA Accrued interest (in euro)2 |
Sodexo SA Unarmortise d cost— |
Sodexo SA Total (in euro)502 |
| Sodexo SA |
Sodexo SA Principal (in local currency)600 |
Sodexo SA CurrencyEUR |
Sodexo SA Principal (in euro)600 |
Sodexo SA Rate typeFixe |
Sodexo SA Rate0.750% |
Sodexo SA Issuance date10/14/2016 |
Sodexo SA Maturity4/14/2027 |
Sodexo SA Accrued interest (in euro)2 |
Sodexo SA Unarmortise d cost(3) |
Sodexo SA Total (in euro)599 |
| Sodexo SA |
Sodexo SA Principal (in local currency)200 |
Sodexo SA CurrencyEUR |
Sodexo SA Principal (in euro)200 |
Sodexo SA Rate typeFixe |
Sodexo SA Rate0.750% |
Sodexo SA Issuance date8/1/2017 |
Sodexo SA Maturity4/14/2027 |
Sodexo SA Accrued interest (in euro)— |
Sodexo SA Unarmortise d cost(2) |
Sodexo SA Total (in euro)198 |
| Sodexo SA |
Sodexo SA Principal (in local currency)250 |
Sodexo SA CurrencyGBP |
Sodexo SA Principal (in euro)297 |
Sodexo SA Rate typeFixe |
Sodexo SA Rate1.750% |
Sodexo SA Issuance date6/26/2019 |
Sodexo SA Maturity6/26/2028 |
Sodexo SA Accrued interest (in euro)1 |
Sodexo SA Unarmortise d cost(1) |
Sodexo SA Total (in euro)297 |
| Sodexo SA |
Sodexo SA Principal (in local currency)700 |
Sodexo SA CurrencyEUR |
Sodexo SA Principal (in euro)700 |
Sodexo SA Rate typeFixe |
Sodexo SA Rate0.750% |
Sodexo SA Issuance date4/27/2020 |
Sodexo SA Maturity4/27/2025 |
Sodexo SA Accrued interest (in euro)2 |
Sodexo SA Unarmortise d cost— |
Sodexo SA Total (in euro)702 |
| Sodexo SA |
Sodexo SA Principal (in local currency)800 |
Sodexo SA CurrencyEUR |
Sodexo SA Principal (in euro)800 |
Sodexo SA Rate typeFixe |
Sodexo SA Rate1.000% |
Sodexo SA Issuance date4/27/2020 |
Sodexo SA Maturity4/27/2029 |
Sodexo SA Accrued interest (in euro)3 |
Sodexo SA Unarmortise d cost(6) |
Sodexo SA Total (in euro)797 |
| Sodexo SA |
Sodexo SA Principal (in local currency)500 |
Sodexo SA CurrencyEUR |
Sodexo SA Principal (in euro)500 |
Sodexo SA Rate typeFixe |
Sodexo SA Rate1.000% |
Sodexo SA Issuance date7/17/2020 |
Sodexo SA Maturity7/17/2028 |
Sodexo SA Accrued interest (in euro)1 |
Sodexo SA Unarmortise d cost(2) |
Sodexo SA Total (in euro)499 |
| Sodexo, Inc. |
Sodexo, Inc. Principal (in local currency)500 |
Sodexo, Inc. CurrencyUSD |
Sodexo, Inc. Principal (in euro)451 |
Sodexo, Inc. Rate typeFixe |
Sodexo, Inc. Rate1.634% |
Sodexo, Inc. Issuance date4/16/2021 |
Sodexo, Inc. Maturity4/16/2026 |
Sodexo, Inc. Accrued interest (in euro)3 |
Sodexo, Inc. Unarmortise d cost— |
Sodexo, Inc. Total (in euro)454 |
| Sodexo, Inc.(1)(2) |
Sodexo, Inc.(1)(2)Principal (in local currency)714 |
Sodexo, Inc.(1)(2)CurrencyUSD |
Sodexo, Inc.(1)(2)Principal (in euro)644 |
Sodexo, Inc.(1)(2)Rate typeFixe |
Sodexo, Inc.(1)(2)Rate2.718% |
Sodexo, Inc.(1)(2)Issuance date4/16/2021 |
Sodexo, Inc.(1)(2)Maturity4/16/2031 |
Sodexo, Inc.(1)(2)Accrued interest (in euro)7 |
Sodexo, Inc.(1)(2)Unarmortise d cost— |
Sodexo, Inc.(1)(2)Total (in euro)651 |
| TOTAL | TOTALPrincipal (in local currency)not included | TOTALCurrency4,692 | TOTALPrincipal (in euro)not included | TOTALRate type21 | TOTALRate(14) | TOTALIssuance date4,699 | ||||
(1) Of which 125 million euros covered by a swap indexed to LIBOR and 250 million dollars covered by an interest rate swap indexed to SOFR rates. The interest rate applicable to these swaps was 6.69% as of August 31, 2024.
(2) The principal corresponds to the revalued value of the bond and the associated swap as of August 31, 2023. The historical value of the bond is 750 million US dollars.
