| (in millions of euros) | PRE-TAX INCOME | INCOME TAXES | AFTER-TAX INCOME |
|---|---|---|---|
| Profit before exceptional items and employee profit sharing | Profit before exceptional items and employee profit sharing PRE-TAX INCOME685 |
Profit before exceptional items and employee profit sharing INCOME TAXES(35) |
Profit before exceptional items and employee profit sharing AFTER-TAX INCOME650 |
| Exceptional income/(expense), net and employee profit-sharing* | Exceptional income/(expense), net and employee profit-sharing *PRE-TAX INCOME197 |
Exceptional income/(expense), net and employee profit-sharing *INCOME TAXES(70) |
Exceptional income/(expense), net and employee profit-sharing *AFTER-TAX INCOME127 |
| TOTAL | TOTALPRE-TAX INCOME882 | TOTALINCOME TAXES(105) | TOTALAFTER-TAX INCOME777 |
| (in millions of euros) | GROSS VALUE AT AUGUST 31, 2024 | ADDITIONS DURING THE PERIOD | DECREASES DURING THE PERIOD | OTHER MOVEMENTS DURING THE PERIOD | GROSS VALUE AT AUGUST 31, 2025 | NET VALUE AT AUGUST 31, 2025 |
|---|---|---|---|---|---|---|
| Intangible assets | Intangible assets GROSS VALUE AT AUGUST 31, 2024182 |
Intangible assets ADDITIONS DURING THE PERIOD 74 |
Intangible assets DECREASES DURING THE PERIOD — |
Intangible assets OTHER MOVEMENTS DURING THE PERIOD 2 |
Intangible assets GROSS VALUE AT AUGUST 31, 2025258 |
Intangible assets NET VALUE AT AUGUST 31, 2025126 |
| Property, plant and equipment | Property, plant and equipment GROSS VALUE AT AUGUST 31, 202423 |
Property, plant and equipment ADDITIONS DURING THE PERIOD 3 |
Property, plant and equipment DECREASES DURING THE PERIOD — |
Property, plant and equipment OTHER MOVEMENTS DURING THE PERIOD (2) |
Property, plant and equipment GROSS VALUE AT AUGUST 31, 202524 |
Property, plant and equipment NET VALUE AT AUGUST 31, 20256 |
| Financial assets | Financial assets GROSS VALUE AT AUGUST 31, 2024
|
Financial assets ADDITIONS DURING THE PERIOD
|
Financial assets DECREASES DURING THE PERIOD
|
Financial assets OTHER MOVEMENTS DURING THE PERIOD
|
Financial assets GROSS VALUE AT AUGUST 31, 2025
|
|
|
Equity investments |
Equity investments GROSS VALUE AT AUGUST 31, 20246,751 |
Equity investments ADDITIONS DURING THE PERIOD 14 |
Equity investments DECREASES DURING THE PERIOD 9 |
Equity investments OTHER MOVEMENTS DURING THE PERIOD — |
Equity investments GROSS VALUE AT AUGUST 31, 20256,756 |
Equity investments NET VALUE AT AUGUST 31, 20256,500 |
|
Receivables related to equity investments |
Receivables related to equity investments GROSS VALUE AT AUGUST 31, 202413 |
Receivables related to equity investments ADDITIONS DURING THE PERIOD 7 |
Receivables related to equity investments DECREASES DURING THE PERIOD 7 |
Receivables related to equity investments OTHER MOVEMENTS DURING THE PERIOD
|
Receivables related to equity investments GROSS VALUE AT AUGUST 31, 202513 |
Receivables related to equity investments NET VALUE AT AUGUST 31, 20253 |
|
Other financial-assets* |
Other financial-assets* GROSS VALUE AT AUGUST 31, 2024155 |
Other financial-assets* ADDITIONS DURING THE PERIOD 5 |
Other financial-assets* DECREASES DURING THE PERIOD 2 |
Other financial-assets* OTHER MOVEMENTS DURING THE PERIOD
|
Other financial-assets* GROSS VALUE AT AUGUST 31, 2025158 |
Other financial-assets* NET VALUE AT AUGUST 31, 2025158 |
| Total financial assets | Total financial assets GROSS VALUE AT AUGUST 31, 20246,919 |
Total financial assets ADDITIONS DURING THE PERIOD 26 |
Total financial assets DECREASES DURING THE PERIOD 18 |
Total financial assets OTHER MOVEMENTS DURING THE PERIOD — |
Total financial assets GROSS VALUE AT AUGUST 31, 20256,927 |
Total financial assets NET VALUE AT AUGUST 31, 20256,661 |
| TOTAL | TOTAL GROSS VALUE AT AUGUST 31, 20247,124 |
TOTAL ADDITIONS DURING THE PERIOD 103 |
TOTAL DECREASES DURING THE PERIOD 18 |
TOTAL OTHER MOVEMENTS DURING THE PERIOD — |
TOTAL GROSS VALUE AT AUGUST 31, 20257,209 |
TOTAL NET VALUE AT AUGUST 31, 20256,793 |
| (in millions of euros) | ACCUMULATED DEPRECIATION AND AMORTIZATION AUGUST 31, 2024 | INCREASES DURING THE PERIOD | DECREASES DURING THE PERIOD | OTHER MOVEMENTS DURING THE PERIOD | ACCUMULATED DEPRECIATION AND AMORTIZATION AUGUST 31, 2025 |
|---|---|---|---|---|---|
| Intangible assets | Intangible assets ACCUMULATED DEPRECIATION AND AMORTIZATION AUGUST 31, 2024 112 |
Intangible assets INCREASES DURING THE PERIOD20 |
Intangible assets DECREASES DURING THE PERIOD— |
Intangible assets OTHER MOVEMENTS DURING THE PERIOD — |
Intangible assets ACCUMULATED DEPRECIATION AND AMORTIZATION AUGUST 31, 2025132 |
| Property, plant and equipment | Property, plant and equipment ACCUMULATED DEPRECIATION AND AMORTIZATION AUGUST 31, 2024 17 |
Property, plant and equipment INCREASES DURING THE PERIOD1 |
Property, plant and equipment DECREASES DURING THE PERIOD— |
Property, plant and equipment OTHER MOVEMENTS DURING THE PERIOD — |
Property, plant and equipment ACCUMULATED DEPRECIATION AND AMORTIZATION AUGUST 31, 202518 |
| TOTAL | TOTAL ACCUMULATED DEPRECIATION AND AMORTIZATION AUGUST 31, 2024 129 |
TOTAL INCREASES DURING THE PERIOD21 |
TOTAL DECREASES DURING THE PERIOD— |
TOTAL OTHER MOVEMENTS DURING THE PERIOD — |
TOTALACCUMULATED DEPRECIATION AND AMORTIZATION AUGUST 31, 2025150 |
| (in millions of euros) | GROSS VALUE AT AUGUST 31, 2025 | LESS THAN 1 YEAR | MORE THAN 1 YEAR | AMORTIZATION AT AUGUST 31, 2025 | CARRYING AMOUNT AT AUGUST 31, 2025 |
|---|---|---|---|---|---|
| Equity investments | Equity investments GROSS VALUE AT AUGUST 31, 20256,756 |
Equity investments LESS THAN 1 YEAR
|
Equity investments MORE THAN1 YEAR 6,756 |
Equity investments AMORTIZATION AT AUGUST 31, 2025256 |
Equity investments CARRYING AMOUNT AT AUGUST 31, 20256,500 |
| Receivables related to equity investments | Receivables related to equity investments GROSS VALUE AT AUGUST 31, 202513 |
Receivables related to equity investments LESS THAN 1 YEAR13 |
Receivables related to equity investments MORE THAN1 YEAR — |
Receivables related to equity investments AMORTIZATION AT AUGUST 31, 202510 |
Receivables related to equity investments CARRYING AMOUNT AT AUGUST 31, 20253 |
| Other financial assets | Other financial assets GROSS VALUE AT AUGUST 31, 2025158 |
Other financial assets LESS THAN 1 YEAR— |
Other financial assets MORE THAN1 YEAR 158 |
Other financial assets AMORTIZATION AT AUGUST 31, 2025— |
Other financial assets CARRYING AMOUNT AT AUGUST 31, 2025158 |
| TOTAL FINANCIAL ASSETS | TOTAL FINANCIAL ASSETSGROSS VALUE AT AUGUST 31, 20256,927 | TOTAL FINANCIAL ASSETSLESS THAN 1 YEAR13 | TOTAL FINANCIAL ASSETSMORE THAN 1 YEAR 6,914 |
TOTAL FINANCIAL ASSETS AMORTIZATION AT AUGUST 31, 2025266 |
TOTAL FINANCIAL ASSETS CARRYING AMOUNT AT AUGUST 31, 20256,661 |
| Accounts receivable | Accounts receivable GROSS VALUE AT AUGUST 31, 202545 |
Accounts receivable LESS THAN 1 YEAR45 |
Accounts receivable MORE THAN1 YEAR
|
Accounts receivable AMORTIZATION AT AUGUST 31, 20251 |
Accounts receivable CARRYING AMOUNT AT AUGUST 31, 202544 |
| Other receivables | Other receivables GROSS VALUE AT AUGUST 31, 2025185 |
Other receivables LESS THAN 1 YEAR44 |
Other receivables MORE THAN1 YEAR 141 |
Other receivables AMORTIZATION AT AUGUST 31, 2025— |
Other receivables CARRYING AMOUNT AT AUGUST 31, 2025185 |
| TOTAL ACCOUNTS AND OTHER RECEIVABLES | TOTAL ACCOUNTS AND OTHER RECEIVABLESGROSS VALUE AT AUGUST 31, 2025230 | TOTAL ACCOUNTS AND OTHER RECEIVABLESLESS THAN 1 YEAR89 | TOTAL ACCOUNTS AND OTHER RECEIVABLESMORE THAN 1 YEAR 141 |
TOTAL ACCOUNTS AND OTHER RECEIVABLES AMORTIZATION AT AUGUST 31, 20251 |
TOTAL ACCOUNTS AND OTHER RECEIVABLES CARRYING AMOUNT AT AUGUST 31, 2025229 |
| TOTAL | TOTALGROSS VALUE AT AUGUST 31, 20257,157 | TOTALLESS THAN 1 YEAR102 | TOTALMORE THAN 1 YEAR 7,055 |
TOTAL AMORTIZATION AT AUGUST 31, 2025267 |
TOTAL CARRYING AMOUNT AT AUGUST 31, 20256,890 |
