Universal Registration Document Fiscal 2025

4 Consolidated Financial Statements

4.2 Operating expenses
4.2.1 Operating expenses by nature
(in millions of euros) FISCAL 2025 FISCAL 2024
Personnel costs

Personnel costs

FISCAL 2025

(11,583)

Personnel costs

FISCAL 2024

(11,432)

Wages and salaries

Wages and salaries

FISCAL 2025

(9,163)

Wages and salaries

FISCAL 2024

(9,006)

Other personnel costs(1)

Other personnel costs(1)

FISCAL 2025

(2,420)

Other personnel costs(1)

FISCAL 2024

(2,426)

Purchases of consumables and change in inventory

Purchases of consumables and change in inventory

FISCAL 2025

(6,583)

Purchases of consumables and change in inventory

FISCAL 2024

(6,569)

Depreciation, amortization, and impairment losses(2)

Depreciation, amortization, and impairment losses

(2)

FISCAL 2025

(490)

Depreciation, amortization, and impairment losses

(2)

FISCAL 2024

(467)

Amortization of intangible assets and depreciation of property, plant and equipment and right-of-use assets

Amortization of intangible assets and depreciation of property, plant and equipment and right-of-use assets

FISCAL 2025

(491)

Amortization of intangible assets and depreciation of property, plant and equipment and right-of-use assets

FISCAL 2024

(467)

Impairment of intangible assets and property, plant and equipment and right-of-use assets

Impairment of intangible assets and property, plant and equipment and right-of-use assets

FISCAL 2025

1

Impairment of intangible assets and property, plant and equipment and right-of-use assets

FISCAL 2024

Rent and attached charges(3)

Rent and attached charges

(3)

FISCAL 2025

(595)

Rent and attached charges

(3)

FISCAL 2024

(563)

Other expenses(4)

Other expenses

(4)

FISCAL 2025

(3,843)

Other expenses

(4)

FISCAL 2024

(3,721)

TOTAL NET OPERATING EXPENSES TOTAL NET OPERATING EXPENSES

FISCAL 2025

(23,094)
TOTAL NET OPERATING EXPENSES

FISCAL 2024

(22,752)
of which other operating income and expenses

of which other operating income and expenses

FISCAL 2025

(154)

of which other operating income and expenses

FISCAL 2024

(58)

TOTAL NET OPERATING EXPENSES excluding other operating income and expenses(5) TOTAL NET OPERATING EXPENSES excluding other operating income and expenses(5)

FISCAL 2025

(22,940)
TOTAL NET OPERATING EXPENSES excluding other operating income and expenses(5)

FISCAL 2024

(22,694)
4.2.2 Other operating income and expenses
(in millions of euros) FISCAL 2025 FISCAL 2024
Gains related to changes in scope

Gains related to changes in scope

FISCAL 2025

21

Gains related to changes in scope

FISCAL 2024

90

Gain on disposals of non-current assets

Gain on disposals of non-current assets

FISCAL 2025

Gain on disposals of non-current assets

FISCAL 2024

Gains on changes in post-employment benefits

Gains on changes in post-employment benefits

FISCAL 2025

Gains on changes in post-employment benefits

FISCAL 2024

Other

Other

FISCAL 2025

Other

FISCAL 2024

1

OTHER OPERATING INCOME OTHER OPERATING INCOME

FISCAL 2025

21
OTHER OPERATING INCOME

FISCAL 2024

91
Restructuring and rationalization costs*

Restructuring and rationalization costs

*

FISCAL 2025

(97)

Restructuring and rationalization costs

*

FISCAL 2024

(65)

Losses related to changes in scope

Losses related to changes in scope

FISCAL 2025

(18)

Losses related to changes in scope

FISCAL 2024

Amortization of intangible assets acquired as a result of a business combination

Amortization of intangible assets acquired as a result of a business combination

FISCAL 2025

(35)

Amortization of intangible assets acquired as a result of a business combination

FISCAL 2024

(35)

Impairment of goodwill and non-current assets

Impairment of goodwill and non-current assets

FISCAL 2025

Impairment of goodwill and non-current assets

FISCAL 2024

Costs related to business combinations

Costs related to business combinations

FISCAL 2025

(5)

Costs related to business combinations

FISCAL 2024

(3)

Losses on changes in post-employment benefits

Losses on changes in post-employment benefits

FISCAL 2025

(2)

Losses on changes in post-employment benefits

FISCAL 2024

(4)

Losses on disposals of non-current assets

Losses on disposals of non-current assets

FISCAL 2025

(1)

Losses on disposals of non-current assets

FISCAL 2024

(1)

Other

Other

FISCAL 2025

(17)

Other

FISCAL 2024

(41)

OTHER OPERATING EXPENSES OTHER OPERATING EXPENSES

FISCAL 2025

(175)
OTHER OPERATING EXPENSES

FISCAL 2024

(149)
TOTAL OTHER OPERATING INCOME AND EXPENSES TOTAL OTHER OPERATING INCOME AND EXPENSES

FISCAL 2025

(154)
TOTAL OTHER OPERATING INCOME AND EXPENSES

FISCAL 2024

(58)