Registration Document

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01 02 03 04 05 06 07 08 09 10 11 12 13 14 196 07 Information on the Issuer Supplemental Information on the Individual Company Financial Statements ‡ Supplemental Information on the Individual Company Financial Statements 1. FIVE-YEAR FINANCIAL SUMMARY (in euro) Capital at end of period Sodexo Registration Document Fiscal 2011 Fiscal 2011 (1) Fiscal 2010 Fiscal 2009 Fiscal 2008 Issued capital 628,528,100 628,528,100 628,528,100 629,437,128 636,105,652 Fiscal 2007 Number of ordinary shares outstanding Number of non-voting preferred 157,132,025 157,132,025 157,132,025 157,359,282 159,026,413 shares outstanding Maximum number of potential new shares issuable: - - - By conversion of bonds By exercise of warrants - - - and options - - - Warrants - - Stock options Income statement data - - Revenues excluding taxes Earnings before income tax, employee profit-sharing, depreciation, 80,469,639 70,914,651 72,056,382 41,976,277 39,020,200 amortization and provisions 295,399,759 280,334,403 314,763,639 173,568,558 142,738,625 Income tax 15,061,259 22,267,894 17,981,642 28,984,831 34,627,337 Employee profit-sharing Earnings after income tax, employee profit-sharing, depreciation, 62,480 167,200 - - amortization and provisions 301,668,265 261,581,611 348,878,824 174,115,194 135,978,445 Dividend payout Per share data Earnings after income tax and employee profit-sharing but before depreciation, amortization and 229,412,757 212,128,234 199,557,672 199,557,671 182,880,375 provisions Earnings after income tax, employee profit-sharing, depreciation, 1.94 1.93 2.11 1.29 1.12 amortization and provisions 1.92 1.66 2.22 1.11 0.86 Net dividend per share 1.46 1.35 1.27 1.27 1.15 (1) Subject to approval by the Annual Shareholders’ Meeting to be held on January 23, 2012. P ◀ CONTENTS ▶
P ◀ CONTENTS ▶ (in euro) employee data Information on the Issuer 07 Supplemental Information on the Individual Company Financial Statements Fiscal 2011 (1) Fiscal 2010 Fiscal 2009 Fiscal 2008 Fiscal 2007 Average number of employees during the fiscal year 268 252 248 231 198 Salary expense for the fiscal year Social security and other employee 31,831,493 24,153,262 21,039,372 19,016,424 14,930,987 benefits paid during the fiscal year 10,423,028 10,166,115 9,319,716 10,520,885 7,472,219 (1) Subject to approval by the Annual Shareholders’ Meeting to be held on January 23, 2012. 2. APPROPRIATION OF EARNINGS (in thousands of euro) Fiscal 2011 (1) Fiscal 2010 Fiscal 2009 Fiscal 2008 Fiscal 2007 Net income 301,668 261,582 348,879 174,115 135,978 Retained earnings 716,014 664,468 512,156 532,971 577,832 Retained earnings (2) 4,104 2,092 2,991 3,961 2,040 Transfer to legal reserve Transfer to long-term capital gains reserve Transfer from long-term capital gains reserve 666 distributable earnings 1,021,786 928,142 864,026 711,713 715,850 Net dividend Reserves 229,413 212,128 199,558 199,557 182,880 Retained earnings 792,373 716,014 664,468 512,156 532,971 Number of shares outstanding 157,132,025 157,132,025 157,132,025 157,359,282 159,026,413 Number of shares entitled to dividend 157,132,025 157,132,025 157,132,025 157,132,025 (3 159,026,413 earnings per share (in euro) 1.92 1.66 2.22 1.11 0.86 (1) Subject to approval by the Annual Shareholders’ Meeting to be held on January 23, 2012. (2) Dividends on treasury shares are not distributed. (3) Following the transactions relating to common stock in September 2008. Sodexo Registration Document Fiscal 2011 197 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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P ◀ CONTENTS ▶ Consolidated inf
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P ◀ CONTENTS ▶ LIABILITIES AND
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P ◀ CONTENTS ▶ Companies in whi
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P ◀ CONTENTS ▶ of the date of a
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P ◀ CONTENTS ▶ ownership by the
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P ◀ CONTENTS ▶ tested for impai
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P ◀ CONTENTS ▶ If benefits unde
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P ◀ CONTENTS ▶ 2.22.3 Income ta
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P ◀ CONTENTS ▶ Fiscal 2010 (in
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P ◀ CONTENTS ▶ 4.2 Finance inco
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P ◀ CONTENTS ▶ 4.5 Property, pl
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P ◀ CONTENTS ▶ (in millions of
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P ◀ CONTENTS ▶ 4.8 Client inves
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P ◀ CONTENTS ▶ The table below
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P ◀ CONTENTS ▶ 4.11 Financial a
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P ◀ CONTENTS ▶ 4.11.4 details o
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P ◀ CONTENTS ▶ For borrowings o
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P ◀ CONTENTS ▶ 2011. These two
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P ◀ CONTENTS ▶ Currency derivat
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P ◀ CONTENTS ▶ Amounts shown in
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P ◀ CONTENTS ▶ 4.19 Provisions
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P ◀ CONTENTS ▶ 4.21 Deferred ta
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P ◀ CONTENTS ▶ Financial assets
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P ◀ CONTENTS ▶ The expected lif
Page 147 and 148: P ◀ CONTENTS ▶ Consolidated inf
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 163 and 164: P ◀ CONTENTS ▶ Consolidated inf
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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Page 195 and 196: P ◀ CONTENTS ▶ III - Specific v
Page 197: P ◀ CONTENTS ▶ Information on t
Page 201 and 202: P ◀ CONTENTS ▶ Titre Legal 1Inf
Page 203 and 204: P ◀ CONTENTS ▶ 1.6 Registration
Page 205 and 206: P ◀ CONTENTS ▶ Legal Informatio
Page 207 and 208: P ◀ CONTENTS ▶ 2.4.2 Share owne
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Page 213 and 214: P ◀ CONTENTS ▶ 2.3 Publication
Page 215 and 216: P ◀ CONTENTS ▶ 8. BENEFITS OF B
Page 217 and 218: P ◀ CONTENTS ▶ ADJUSTED SODEXO
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Page 221 and 222: P ◀ CONTENTS ▶ 3. STOCK MARKET
Page 223 and 224: P ◀ CONTENTS ▶ Titre Corporate
Page 225 and 226: P ◀ CONTENTS ▶ 1.1 Composition
Page 227 and 228: P ◀ CONTENTS ▶ • Board Member
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Page 231 and 232: P ◀ CONTENTS ▶ Peter Thompson B
Page 233 and 234: P ◀ CONTENTS ▶ 2.3 Mission of t
Page 235 and 236: P ◀ CONTENTS ▶ The Audit Commit
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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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