Registration Document

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Consolidated information
Notes to the Consolidated Financial Statements
4.7 Intangible assets
The tables below show movements in intangible assets during Fiscal 2010 and Fiscal 2011.
(in millions of euro)
Sodexo Registration Document Fiscal 2011
Licenses and
software
other
intangible
assets Total
Carrying amount – August 31, 2009 76 316 392
Increases during the fiscal year 45 115 160
Decreases during the fiscal year
Newly consolidated companies
Assets classified as held for sale
Newly deconsolidated companies
(5) (5)
Amortization expense (28) (27) (55)
Impairment losses recognized in profit or loss
Impairment losses reversed in profit or loss
(8) (8)
Translation adjustment 4 33 37
Other 2 4 6
Carrying amount – August 31, 2010 94 433 527
Increases during the fiscal year 34 27 61
Decreases during the fiscal year
Newly consolidated companies
Assets classified as held for sale
Newly deconsolidated companies
0 (2) (2)
Amortization expense (33) (36) (69)
Impairment losses recognized in profit or loss (5) (5)
Impairment losses reversed in profit or loss 5 5
Translation adjustment (4) (21) (25)
Other 1 (1) 0
Carrying amount – August 31, 2011 92 400 492
(in millions of euro) August 31, 2011 August 31, 2010
Cost 812 801
Accumulated amortization and impairment (320) (274)
Carrying amount 492 527
Amortization and impairment losses recognized
in the income statement are classified as operating
items and reported under either cost of sales, general
and administrative costs or selling costs, except for
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the amortization of client relationship and brand
intangible assets, which is recognized in “Other
operating expenses”.