The exchange rates of non-member countries of the euro zone used to prepare the consolidated financial statements are mainly:
| CLOSING EXCHANGE RATE AT AUGUST | AVERAGE EXCHANGE RATE FISCAL 2024 | |||
|---|---|---|---|---|
| ISO CODES | COUNTRIES | CURRENCY | 1 EURO = | 1 EURO = |
| USD | United States | U.S. dollar | 1.108700 | 1.081771 |
| GBP | United Kingdom | Pound Sterling | 0.841200 | 0.857193 |
| BRL | Brazil | Brazilian real | 6.215500 | 5.542663 |
| AUD | Australia | Australian dollar | 1.630100 | 1.646833 |
| CAD | Canada | Canadian dollar | 1.494100 | 1.470083 |
| CNY | China | Yuan Renminbi | 7.858500 | 7.806888 |
| SEK | Sweden | Swedish Krona | 11.335500 | 11.464371 |
| INR | India | Indian Rupee (thousands) | 0.092949 | 0.090095 |
| (in million euros) | FISCAL 2024 | FISCAL 2023 |
|---|---|---|
| Acquisitions of property, plant, equipment, intangible assets, and client investments | Acquisitions of property, plant, equipment, intangible assets, and client investments FISCAL 2024335 |
Acquisitions of property, plant, equipment, intangible assets, and client investments FISCAL 2023348 |
| Acquisitions of equity interests | Acquisitions of equity interests FISCAL 202497 |
Acquisitions of equity interests FISCAL 202325 |
As of the date of this document Sodexo has not made any significant firm commitment to acquire equity interests.
Because of the nature of the Group’s activities, net investments represent less than 2% of revenues and mainly relate to investments on the Group’s sites, which are used to support operating activities and are financed by operating cash. None of these investments is individually significant in Fiscal 2024.
The main acquisitions made during Fiscal 2024 are indicated in notes 3.1 “Business combinations” and 6.1 “Goodwill” to the consolidated financial statements.
A detailed description of changes in investments is provided in notes 4.4, 6.2 and 6.3 of the consolidated financial statements.
