Registration Document

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01 02 03 04 05 06 07 08 09 10 11 12 13 14 140 06 Consolidated information Notes to the Consolidated Financial Statements 4.22 Financial instruments The table below presents the categories of financial instruments, their carrying value, and their fair value, by balance sheet item. Financial assets (in millions of euro) Category Note Cash and cash equivalents Restricted cash and financial assets related to the Motivation Solutions activity Clients and other receivables Other financial assets Sodexo Registration Document Fiscal 2011 The levels used for the classification of financial instruments are as follows: • Level 1: Instruments traded on an active market; • Level 2: Instruments measured through inputs other than quoted prices included within Level 1 and that are observable; • Level 3: All other instruments. August 31, 2011 Level for instruments at fair value Carrying value Fair value Level 1 Level 2 Level 3 Total Financial assets at fair value through profit and loss 4.14 445 445 24 421 445 Available-for-sale financial assets Loans and receivables 4.11 622 622 93 529 622 at amortized cost Available for sale financial 4.13 3,142 3,142 assets Loans and receivables 4.11 37 37 at amortized cost Financial assets at fair value 4.11 87 87 through profit and loss 4.11 0 0 Derivative financial instruments, assets 4.17 2 2 2 2 Financial liabilities (in millions of euro) Category Note Bond issues (1) Bank borrowings Other borrowings and financial debts Bank overdrafts Trade and other payables Vouchers payable August 31, 2011 Level for instruments at fair value Carrying value Financial liabilities at amortized cost Financial liabilities 4.16 1,428 1,543 at amortized cost Financial liabilities 4.16 881 881 at amortized cost Financial liabilities 4.16 105 105 at amortized cost Financial liabilities 23 23 at amortized cost Financial liabilities 4.20 3,125 3,125 at amortized cost 2,421 2,421 Carrying value Level 1 Level 2 Level 3 Total Derivative instruments, liabilities 4.17 11 11 11 11 (1) Fair value is calculated on the basis of listed bond prices as of August 31, 2011. There was no transfer between the different levels between Fiscal 2010 and 2011. P ◀ CONTENTS ▶
P ◀ CONTENTS ▶ Financial assets (in millions of euros) Category Note Cash and cash equivalents Consolidated information 06 Notes to the Consolidated Financial Statements August 31, 2010 Level for instruments at fair value Carrying value Fair value Level 1 Level 2 Level 3 Total Financial assets at fair value through profit and loss 4.14 419 419 33 386 419 Restricted cash and financial assets related to the Motivation Available-for-sale Solutions activity financial assets 4.11 578 578 143 435 578 Clients and other receivables Other financial assets Loans and receivables at amortized cost Available for sale 4.13 3,033 3,033 financial assets Loans and receivables 4.11 37 37 at amortized cost Financial assets at fair value through profit and 4.11 111 111 loss 4.11 Derivative financial instruments, assets 4.17 6 6 6 6 Financial liabilities (in millions of euros) Category Note August 31, 2010 Level for instruments at fair value Carrying value Fair value Level 1 Level 2 Level 3 Total Bond issues (1) Financial liabilities at amortized cost Financial liabilities 4.16 1,429 1,612 Bank borrowings at amortized cost 4.16 1,136 1,136 Other borrowings Financial liabilities and financial debts at amortized cost Financial liabilities 4.16 118 118 Bank overdrafts at amortized cost 59 59 Trade and other Financial liabilities payables at amortized cost Financial liabilities 4.20 2,985 2,985 Vouchers payable Derivative at amortized cost 2,307 2,307 instruments, liabilities 4.17 25 25 25 25 (1) Fair value is calculated on the basis of listed bond prices as of August 31, 2010. Sodexo Registration Document Fiscal 2011 141 01 02 03 04 05 06 07 08 09 10 11 12 13 14
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Fiscal 2011 Registration Document
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Registration Document Fiscal 2011 T
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P ◀ CONTENTS ▶ Message from Mic
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P ◀ CONTENTS ▶ History 01 01 Ou
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P ◀ CONTENTS ▶ The Fundamental
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P ◀ CONTENTS ▶ OUR MISSION Our
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P ◀ CONTENTS ▶ ‡ Our ambition
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P ◀ CONTENTS ▶ Titre Our Group
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P ◀ CONTENTS ▶ SODEXO HAS THREE
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P ◀ CONTENTS ▶ OUR AWARDS Sodex
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P ◀ CONTENTS ▶ 2. EMPLOYEES AND
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P ◀ CONTENTS ▶ DIVIDENDS PAID O
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P ◀ CONTENTS ▶ Titre Quality 1
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P ◀ CONTENTS ▶ Quality of Life
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P ◀ CONTENTS ▶ diverse data sou
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P ◀ CONTENTS ▶ commitments unde
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P ◀ CONTENTS ▶ The high economi
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P ◀ CONTENTS ▶ Democratic Repub
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P ◀ CONTENTS ▶ 5.3 Achievements
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P ◀ CONTENTS ▶ 6.2 Market trend
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P ◀ CONTENTS ▶ 8. EDUCATION 21.
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P ◀ CONTENTS ▶ Liceo Franco Arg
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P ◀ CONTENTS ▶ Quality of Life
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P ◀ CONTENTS ▶ themselves, enha
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P ◀ CONTENTS ▶ 4. PUBLIC BENEFI
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P ◀ CONTENTS ▶ Development of n
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P ◀ CONTENTS ▶ Economic and Soc
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P ◀ CONTENTS ▶ On the strength
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P ◀ CONTENTS ▶ The proportion o
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P ◀ CONTENTS ▶ Non-site manager
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P ◀ CONTENTS ▶ 2.2.8 Social and
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P ◀ CONTENTS ▶ 3. EMPLOYMENT IN
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P ◀ CONTENTS ▶ The Better Tomor
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P ◀ CONTENTS ▶ 2. WE DO The Bet
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P ◀ CONTENTS ▶ 2.2 Supporting L
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P ◀ CONTENTS ▶ chemical sourcin
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P ◀ CONTENTS ▶ EXAMPLES OF A BE
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P ◀ CONTENTS ▶ Titre Consolidat
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P ◀ CONTENTS ▶ 1.2 Operating pr
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P ◀ CONTENTS ▶ 2. FISCAL 2011 F
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P ◀ CONTENTS ▶ 2.2.2 Currency e
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P ◀ CONTENTS ▶ Partnership to b
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P ◀ CONTENTS ▶ 2.2.4 Motivation
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P ◀ CONTENTS ▶ Net cash used in
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P ◀ CONTENTS ▶ In the medium te
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Page 93 and 94: P ◀ CONTENTS ▶ LIABILITIES AND
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Page 103 and 104: P ◀ CONTENTS ▶ ownership by the
Page 105 and 106: P ◀ CONTENTS ▶ tested for impai
Page 107 and 108: P ◀ CONTENTS ▶ If benefits unde
Page 109 and 110: P ◀ CONTENTS ▶ 2.22.3 Income ta
Page 111 and 112: P ◀ CONTENTS ▶ Fiscal 2010 (in
Page 113 and 114: P ◀ CONTENTS ▶ 4.2 Finance inco
Page 115 and 116: P ◀ CONTENTS ▶ 4.5 Property, pl
Page 117 and 118: P ◀ CONTENTS ▶ (in millions of
Page 119 and 120: P ◀ CONTENTS ▶ 4.8 Client inves
Page 121 and 122: P ◀ CONTENTS ▶ The table below
Page 123 and 124: P ◀ CONTENTS ▶ 4.11 Financial a
Page 125 and 126: P ◀ CONTENTS ▶ 4.11.4 details o
Page 129 and 130: P ◀ CONTENTS ▶ For borrowings o
Page 131 and 132: P ◀ CONTENTS ▶ 2011. These two
Page 133 and 134: P ◀ CONTENTS ▶ Currency derivat
Page 135 and 136: P ◀ CONTENTS ▶ Amounts shown in
Page 139 and 140: P ◀ CONTENTS ▶ 4.19 Provisions
Page 141: P ◀ CONTENTS ▶ 4.21 Deferred ta
Page 145 and 146: P ◀ CONTENTS ▶ The expected lif
Page 149 and 150: P ◀ CONTENTS ▶ 4.26.2 Principal
Page 151 and 152: P ◀ CONTENTS ▶ 5.1.1 Analysis o
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Page 155 and 156: P ◀ CONTENTS ▶ France Consolida
Page 157 and 158: P ◀ CONTENTS ▶ Africa Consolida
Page 159 and 160: P ◀ CONTENTS ▶ europe Consolida
Page 161 and 162: P ◀ CONTENTS ▶ Asia, Pacific, M
Page 165 and 166: P ◀ CONTENTS ▶ ‡ Supplemental
Page 167 and 168: P ◀ CONTENTS ▶ ISo Code Countri
Page 169 and 170: P ◀ CONTENTS ▶ Growth in the Mo
Page 171 and 172: P ◀ CONTENTS ▶ At the same time
Page 173 and 174: P ◀ CONTENTS ▶ Information Titr
Page 175 and 176: P ◀ CONTENTS ▶ 2. BALANCE SHEET
Page 177 and 178: P ◀ CONTENTS ▶ 2.1.2 Property,
Page 179 and 180: P ◀ CONTENTS ▶ 5. EXCEPTIONAL I
Page 181 and 182: P ◀ CONTENTS ▶ Information on t
Page 183 and 184: P ◀ CONTENTS ▶ 13.2 Changes in
Page 185 and 186: P ◀ CONTENTS ▶ extendable on ap
Page 187 and 188: P ◀ CONTENTS ▶ 18. RELATED PART
Page 189 and 190: P ◀ CONTENTS ▶ Information on t
Page 191 and 192: P ◀ CONTENTS ▶ 26. CONSOLIDATIO
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P ◀ CONTENTS ▶ (in thousands of
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P ◀ CONTENTS ▶ III - Specific v
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P ◀ CONTENTS ▶ Information on t
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P ◀ CONTENTS ▶ (in euro) employ
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P ◀ CONTENTS ▶ Titre Legal 1Inf
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P ◀ CONTENTS ▶ 1.6 Registration
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P ◀ CONTENTS ▶ Legal Informatio
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P ◀ CONTENTS ▶ 2.4.2 Share owne
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P ◀ CONTENTS ▶ 2.5.2 Internatio
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P ◀ CONTENTS ▶ Shareholders - T
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P ◀ CONTENTS ▶ 2.3 Publication
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P ◀ CONTENTS ▶ 8. BENEFITS OF B
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P ◀ CONTENTS ▶ ADJUSTED SODEXO
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P ◀ CONTENTS ▶ ‡ Capital 1. S
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P ◀ CONTENTS ▶ 3. STOCK MARKET
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P ◀ CONTENTS ▶ Titre Corporate
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P ◀ CONTENTS ▶ 1.1 Composition
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P ◀ CONTENTS ▶ • Board Member
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P ◀ CONTENTS ▶ Other positions
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P ◀ CONTENTS ▶ Peter Thompson B
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P ◀ CONTENTS ▶ 2.3 Mission of t
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P ◀ CONTENTS ▶ The Audit Commit
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P ◀ CONTENTS ▶ Board has begun
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P ◀ CONTENTS ▶ 3.2 Group Polici
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P ◀ CONTENTS ▶ 3.2.5 Informatio
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P ◀ CONTENTS ▶ Executive Commit
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P ◀ CONTENTS ▶ 3.8.1 The risk i
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P ◀ CONTENTS ▶ Corporate Govern
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P ◀ CONTENTS ▶ Corporate Govern
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P ◀ CONTENTS ▶ ‡ Compensation
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P ◀ CONTENTS ▶ SUMMARY OF COMPE
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P ◀ CONTENTS ▶ 2. COMPENSATION
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P ◀ CONTENTS ▶ Total compensati
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P ◀ CONTENTS ▶ expiration date
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P ◀ CONTENTS ▶ exercise price (
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P ◀ CONTENTS ▶ Name date of Boa
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P ◀ CONTENTS ▶ ‡ Audit fees (
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P ◀ CONTENTS ▶ Combined Annual
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P ◀ CONTENTS ▶ It is therefore
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P ◀ CONTENTS ▶ trading sessions
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P ◀ CONTENTS ▶ Combined annual
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P ◀ CONTENTS ▶ Titre Glossary 1
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P ◀ CONTENTS ▶ Intensity risk R
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P ◀ CONTENTS ▶ P ◀ CONTENTS
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P ◀ CONTENTS ▶ Responsibility f
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P ◀ CONTENTS ▶ Titre Reconcilia
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P ◀ CONTENTS ▶ Reconciliation t
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PEFC/10-31-1190 FCBA/08-00860A Publ
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