| (in millions of euros) | LICENSES AND SOFTWARE | CLIENT RELATIONSHIPS, TRADEMARKS AND OTHER | TOTAL |
|---|---|---|---|
| Amortization and impairment as of September 1, 2023 | Amortization and impairment as of September 1, 2023 LICENSES AND SOFTWARE (314) |
Amortization and impairment as of September 1, 2023 CLIENT RELATIONSHIPS, TRADEMARKS AND OTHER (391) |
Amortization and impairment as of September 1, 2023 TOTAL (705) |
| Amortization | Amortization LICENSES AND SOFTWARE (51) |
Amortization CLIENT RELATIONSHIPS, TRADEMARKS AND OTHER (57) |
Amortization TOTAL (108) |
| Disposals | Disposals LICENSES AND SOFTWARE 12 |
Disposals CLIENT RELATIONSHIPS, TRADEMARKS AND OTHER 13 |
Disposals TOTAL 25 |
| Impairment | Impairment LICENSES AND SOFTWARE — |
Impairment CLIENT RELATIONSHIPS, TRADEMARKS AND OTHER — |
Impairment TOTAL — |
| Exchange differences | Exchange differences LICENSES AND SOFTWARE 2 |
Exchange differences CLIENT RELATIONSHIPS, TRADEMARKS AND OTHER 9 |
Exchange differences TOTAL 11 |
| Reclassifications | Reclassifications LICENSES AND SOFTWARE 3 |
Reclassifications CLIENT RELATIONSHIPS, TRADEMARKS AND OTHER (8) |
Reclassifications TOTAL (5) |
| Changes in scope of consolidation | Changes in scope of consolidation LICENSES AND SOFTWARE (3) |
Changes in scope of consolidation CLIENT RELATIONSHIPS, TRADEMARKS AND OTHER (1) |
Changes in scope of consolidation TOTAL (4) |
| Amortization and impairment as of August 31, 2024 | Amortization and impairment as of August 31, 2024 LICENSES AND SOFTWARE (351) |
Amortization and impairment as of August 31, 2024 CLIENT RELATIONSHIPS, TRADEMARKS AND OTHER (435) |
Amortization and impairment as of August 31, 2024 TOTAL (786) |
| Amortization | Amortization LICENSES AND SOFTWARE (48) |
Amortization CLIENT RELATIONSHIPS, TRADEMARKS AND OTHER (58) |
Amortization TOTAL (106) |
| Disposals | Disposals LICENSES AND SOFTWARE 19 |
Disposals CLIENT RELATIONSHIPS, TRADEMARKS AND OTHER 12 |
Disposals TOTAL 31 |
| Impairment | Impairment LICENSES AND SOFTWARE — |
Impairment CLIENT RELATIONSHIPS, TRADEMARKS AND OTHER — |
Impairment TOTAL — |
| Exchange differences | Exchange differences LICENSES AND SOFTWARE 6 |
Exchange differences CLIENT RELATIONSHIPS, TRADEMARKS AND OTHER 14 |
Exchange differences TOTAL 20 |
| Changes in scope of consolidation | Changes in scope of consolidation LICENSES AND SOFTWARE 7 |
Changes in scope of consolidation CLIENT RELATIONSHIPS, TRADEMARKS AND OTHER — |
Changes in scope of consolidation TOTAL 7 |
| Amortization and impairment as of August 31, 2025 | Amortization and impairment as of August 31, 2025 LICENSES AND SOFTWARE (367) |
Amortization and impairment as of August 31, 2025 CLIENT RELATIONSHIPS, TRADEMARKS AND OTHER (467) |
Amortization and impairment as of August 31, 2025 TOTAL (834) |
Amortization is reported under either cost of sales or selling, general and administrative costs, except amortization of intangible assets acquired during a business combination which is recognized in other operating expenses.
| (in millions of euros) | LICENSES AND SOFTWARE | CLIENT RELATIONSHIPS, TRADEMARKS AND OTHER | TOTAL |
|---|---|---|---|
| Carrying amount – September 1, 2023 | Carrying amount – September 1, 2023 LICENSES AND SOFTWARE 139 |
Carrying amount – September 1, 2023 CLIENT RELATIONSHIPS, TRADEMARKS AND OTHER 309 |
Carrying amount – September 1, 2023 TOTAL 448 |
| Carrying amount – August 31, 2024 | Carrying amount – August 31, 2024 LICENSES AND SOFTWARE 160 |
Carrying amount – August 31, 2024 CLIENT RELATIONSHIPS, TRADEMARKS AND OTHER 276 |
Carrying amount – August 31, 2024 TOTAL 436 |
| Carrying amount – August 31, 2025 | Carrying amount – August 31, 2025 LICENSES AND SOFTWARE 251 |
Carrying amount – August 31, 2025 CLIENT RELATIONSHIPS, TRADEMARKS AND OTHER 256 |
Carrying amount – August 31, 2025 TOTAL 507 |
Property, plant and equipment are measured at cost less accumulated depreciation and impairment losses, except for land, which is measured at cost less accumulated impairment losses. Cost includes expenditures directly incurred to acquire the asset, and in some cases may also include estimated unavoidable future dismantling, removal and site remediation costs.
Subsequent expenditures are included in the carrying amount of the asset, or recognized as a separate component, if it is probable that the future economic benefits of the expenditures will flow to Sodexo and the cost can be measured reliably. All other repair and maintenance costs are recognized as expenses during the fiscal year in which they are incurred, except costs incurred to improve productivity or extend the useful life of an asset, which are capitalized.
Items of property, plant and equipment are depreciated over their expected useful lives using the component-based approach, taking account of their residual value. The straight-line method of depreciation is regarded as the method that most closely reflects the expected pattern of consumption of the future economic benefits embodied in items of property, plant and equipment.
The useful lives generally used by the Group are:
| Buildings | 20-30 years |
|---|---|
| General fixtures and fittings | 3-10 years |
| Plant and machinery | 3-8 years |
| Motor vehicles | 4 years |
| Boats and pontoons (depending on the component) | 5-15 years |
The residual values and useful lives of items of property, plant and equipment are reviewed at each period end and, if necessary, adjusted.
The carrying amounts of items of property, plant and equipment are tested for impairment if there is an indication that an item may be impaired.
