Universal Registration Document Fiscal 2025

4 Consolidated Financial Statements

Shareholders’ equity and liabilities
(in millions of euros) NOTES AUGUST 31, 2025 AUGUST 31, 2024
Share capital

Share capital

NOTES

 

Share capital

AUGUST 31, 2025

590

Share capital

AUGUST 31, 2024

590

Additional paid-in capital

Additional paid-in capital

NOTES

 

Additional paid-in capital

AUGUST 31, 2025

248

Additional paid-in capital

AUGUST 31, 2024

248

Reserves and retained earnings

Reserves and retained earnings

NOTES

 

Reserves and retained earnings

AUGUST 31, 2025

2,948

Reserves and retained earnings

AUGUST 31, 2024

2,944

EQUITY ATTRIBUTABLE TO EQUITY HOLDERS OF THE PARENT EQUITY ATTRIBUTABLE TO EQUITY HOLDERS OF THE PARENT

NOTES

 

EQUITY ATTRIBUTABLE TO EQUITY HOLDERS OF THE PARENTAUGUST 31, 20253,786 EQUITY ATTRIBUTABLE TO EQUITY HOLDERS OF THE PARENTAUGUST 31, 20243,782
NON-CONTROLLING INTERESTS NON-CONTROLLING INTERESTS

NOTES

 

NON-CONTROLLING INTERESTSAUGUST 31, 202513 NON-CONTROLLING INTERESTSAUGUST 31, 202416
TOTAL SHAREHOLDERS’ EQUITY TOTAL SHAREHOLDERS’ EQUITY

NOTES

11.1
TOTAL SHAREHOLDERS’ EQUITYAUGUST 31, 20253,799 TOTAL SHAREHOLDERS’ EQUITYAUGUST 31, 20243,798
Non-current borrowings

Non-current borrowings

NOTES

12.4 and 12.5

Non-current borrowings

AUGUST 31, 2025

3,962

Non-current borrowings

AUGUST 31, 2024

4,011

Non-current lease liabilities

Non-current lease liabilities

NOTES

7.1

Non-current lease liabilities

AUGUST 31, 2025

509

Non-current lease liabilities

AUGUST 31, 2024

581

Employee benefits

Employee benefits

NOTES

5.1

Employee benefits

AUGUST 31, 2025

259

Employee benefits

AUGUST 31, 2024

274

Other non-current liabilities

Other non-current liabilities

NOTES

4.3

Other non-current liabilities

AUGUST 31, 2025

256

Other non-current liabilities

AUGUST 31, 2024

181

Non-current provisions

Non-current provisions

NOTES

10.1

Non-current provisions

AUGUST 31, 2025

95

Non-current provisions

AUGUST 31, 2024

108

Deferred tax liabilities

Deferred tax liabilities

NOTES

9.3

Deferred tax liabilities

AUGUST 31, 2025

131

Deferred tax liabilities

AUGUST 31, 2024

149

NON-CURRENT LIABILITIES NON-CURRENT LIABILITIES

NOTES

 

NON-CURRENT LIABILITIESAUGUST 31, 20255,212 NON-CURRENT LIABILITIESAUGUST 31, 20245,304
Bank overdrafts

Bank overdrafts

NOTES

12.2

Bank overdrafts

AUGUST 31, 2025

1

Bank overdrafts

AUGUST 31, 2024

3

Current borrowings

Current borrowings

NOTES

12.4 and 12.5

Current borrowings

AUGUST 31, 2025

819

Current borrowings

AUGUST 31, 2024

725

Current lease liabilities

Current lease liabilities

NOTES

7.1

Current lease liabilities

AUGUST 31, 2025

155

Current lease liabilities

AUGUST 31, 2024

147

Income tax payable

Income tax payable

NOTES

 

Income tax payable

AUGUST 31, 2025

135

Income tax payable

AUGUST 31, 2024

325

Current provisions

Current provisions

NOTES

10.1

Current provisions

AUGUST 31, 2025

58

Current provisions

AUGUST 31, 2024

66

Trade and other payables

Trade and other payables

NOTES

4.3

Trade and other payables

AUGUST 31, 2025

4,670

Trade and other payables

AUGUST 31, 2024

4,648

Liabilities directly associated with assets held for sale

Liabilities directly associated with assets held for sale

NOTES

 

Liabilities directly associated with assets held for sale

AUGUST 31, 2025

Liabilities directly associated with assets held for sale

AUGUST 31, 2024

8

CURRENT LIABILITIES CURRENT LIABILITIES

NOTES

 

CURRENT LIABILITIESAUGUST 31, 20255,838 CURRENT LIABILITIESAUGUST 31, 20245,922
TOTAL SHAREHOLDERS’ EQUITY AND LIABILITIES TOTAL SHAREHOLDERS’ EQUITY AND LIABILITIES

NOTES

 

TOTAL SHAREHOLDERS’ EQUITY AND LIABILITIESAUGUST 31, 202514,849 TOTAL SHAREHOLDERS’ EQUITY AND LIABILITIESAUGUST 31, 202415,024