Universal Registration Document - Fiscal 2024

Introduction

NOTE 3. ANALYSIS OF NET REVENUES

(in million euros) FISCAL 2024 FISCAL 2023
Revenues by business activity Revenues by business activityFISCAL 2024

 

Revenues by business activityFISCAL 2023

 

On-site Services

On-site Services

FISCAL 2024

On-site Services

FISCAL 2023

Holding company services

Holding company services

FISCAL 2024

242

Holding company services

FISCAL 2023

224

TOTAL TOTALFISCAL 2024242 TOTALFISCAL 2023224
Revenues by geographic region Revenues by geographic regionFISCAL 2024

 

Revenues by geographic regionFISCAL 2023

 

France

France

FISCAL 2024

242

France

FISCAL 2023

224

TOTAL TOTALFISCAL 2024242 TOTALFISCAL 2023224

NOTE 4. FINANCIAL INCOME AND EXPENSE, NET

(in million euros) FISCAL 2024 FISCAL 2023
Dividends received from subsidiaries and affiliates

Dividends received from subsidiaries and affiliates

FISCAL 2024

656

Dividends received from subsidiaries and affiliates

FISCAL 2023

821

Interest income

Interest income

FISCAL 2024

38

Interest income

FISCAL 2023

28

Interest expense and other financial costs

Interest expense and other financial costs

FISCAL 2024

(48)

Interest expense and other financial costs

FISCAL 2023

(77)

Net foreign exchange gain/(loss)

Net foreign exchange gain/(loss)

FISCAL 2024

6

Net foreign exchange gain/(loss)

FISCAL 2023

(24)

Net change in provisions for financial items

Net change in provisions for financial items

FISCAL 2024

38

Net change in provisions for financial items

FISCAL 2023

(21)

TOTAL TOTALFISCAL 2024690 TOTALFISCAL 2023727

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 42 million euros and the release of foreign exchange losses provisions for -4 million euros.

NOTE 5. EXCEPTIONAL ITEMS, NET

(in million euros) FISCAL 2024 FISCAL 2023
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 2024

2

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

FISCAL 2023

Net expense on treasury shares and commitments under stock option plans

Net expense on treasury shares and commitments under stock option plans

FISCAL 2024

(15)

Net expense on treasury shares and commitments under stock option plans

FISCAL 2023

(8)

Net change on regulated provisions and special depreciation allowances

Net change on regulated provisions and special depreciation allowances

FISCAL 2024

(1)

Net change on regulated provisions and special depreciation allowances

FISCAL 2023

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 2024

(102)

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

FISCAL 2023

(3)

Net gain/(loss) on asset disposals

Net gain/(loss) on asset disposals

FISCAL 2024

858

Net gain/(loss) on asset disposals

FISCAL 2023

552

Other provision increase or decrease

Other provision increase or decrease

FISCAL 2024

Other provision increase or decrease

FISCAL 2023

11

Other

Other

FISCAL 2024

(2)

Other

FISCAL 2023

(22)

TOTAL TOTALFISCAL 2024740 TOTALFISCAL 2023530

The net gain on asset disposals includes mainly the capital gain on the sale of Sofinsod shares for a total of 842 million euros.

The net change in provisions for contingencies and losses is mainly due to the update of the tax exposure in France, considering the ongoing discussions with the French tax authorities in the context of the tax audit.

The 15 million euros net loss on treasury shares and commitments under restricted shares plans comprises:

  • a 23 million euros loss on the sale of treasury shares in connection with the delivery of restricted shares;
  • a 8 million euros net release of provisions for employee share grants.