Registration Document

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01 02 03 04 05 06 07 08 09 10 11 12 13 14 38 04 Quality of Life Services Our On‑site Service Solutions Asbury Group, 6 sites (United States). AVEO Live Well, 3 Retirement Village & Aged Care sites, Brisbane, Queensland (Australia). China Welfare Institute (CWI), Shanghai (China). Covenant Retirement Communities, 15 sites (United States). CSP Campo Grande, Lisbon (Portugal). Fondation Caisses d’Epargne pour la Solidarité, 94 sites (France). Fondazione Maria Ausiliatrice, Bergamo/ Villa Serena di Brembate, Bergamo (Italy). Hopeatie Senior Home, Helsinki (Finland). Hospedaría Hogares de Cristo, 5 sites, Santiago (Chile). Keshet Amuta Le‑Maan Ha‑Kashish, 3 sites (Israel). 7. PEOPLE WITH DISABILITIES 7.1 Our offer Facilitating daily life for the disabled Sodexo helps people with disabilities overcome challenges and provides ways to make their daily life simpler and safer. In helping to integrate people with disabilities more fully into society and the workplace, Sodexo actively engages in increasing awareness – and altering attitudes – about all forms of disability. 7.2 Achievements United States ‑ Sodexo ranked in top 10 companies for disabilities DiversityInc recognized Sodexo as among the top companies in the U.S. in recruiting, retaining and promoting people with disabilities and working to create an inclusive corporate culture for people with both physical and hidden disabilities, ranking the Company ninth among the top 50 companies. Sodexo Registration Document Fiscal 2011 Korian, 95 sites (France). Maison Marie Immaculée, Neufvilles (Belgium). Maisons de Soins de Bettembourg and de Wasserbillig (Luxembourg). MENSA, Meulebeke (Belgium). P ◀ CONTENTS ▶ Napsugar Elderly Home, Dunakeszi (Hungary). Retirement Home, City of Stockholm (Sweden). Seniorenresidenz Schloß Kahslperg, Puch (Austria). Shepherd Village, Toronto, Ontario (Canada). Stichting Cordaan, Amsterdam (Netherlands). Uniting Care Northern Sydney Region, 15 Aged Care sites, Sydney, New South Wales (Australia). Vitanas GmbH&Co.KGaA, 35 sites (Germany). France ‑ Developing all skills The French association ANAIS will open a vegetable processing plant in early 2012 at which 10 employees with disabilities will work full-time. Sodexo, a 15-year partner of the association, will be responsible for supplying the plant and become its primary client. The partnership reflects Sodexo’s experience in providing opportunities to people with disabilities. The Company is involved in projects at 500 establishments in France and each year joins with clients to provide training in foodservices for individuals with disabilities.
P ◀ CONTENTS ▶ 8. EDUCATION 21.7% of Group revenues Revenues: • 3,481 million euro (4,837 million U.S. dollars) Key figures (at the average exchange rate for Fiscal 2011: 1 euro = 1.3896 U.S. dollars) Source: Sodexo 8.1 Our offer Fostering success through enhanced Quality of Life Schools and universities today face considerable challenges, from increased competition for students and faculty to aging infrastructure and constrained budgets. Sodexo plays a key role in helping ensure a safe, welcoming and healthy learning environment through efficient and innovative integrated service offers that: • create positive student experiences that improve performance and achievement; • enhance the Quality of Life for the learning community; • strengthen our clients’ image and reputation; • attract and retain students and faculty; • help control operating expenses. 8.2 Market trends and growth potential Market trends Student health and wellness Governments in developed and emerging economies are battling to curb alarming increases in both obesity and malnutrition, including among student populations. 93,566 employees 6,140 sites Quality of Life Services 04 Our On‑site Service Solutions Globalization of education International student and faculty exchanges are on the rise and universities are building campuses abroad to meet increased demand in developing countries. Sustainability Sustainable practices can represent a competitive advantage for schools and universities but needs and the nature of the initiatives vary by country and region. Financial constraints Hard-pressed to meet day-to-day operating budgets and fund capital projects, educational institutions are relying on outsourcing to cut costs and governments are turning to the private sector for investments. Security and safety Personal safety and the condition of infrastructure and equipment in schools and on campuses are an increasing concern. Source: Sodexo Growth potential Over 150 billion euro in estimated total market value, with an outsourcing rate around 35% (among the highest rates: Belgium and Singapore, more than 60%; among the lowest rates: Canada and Finland, around 25%). Sodexo estimate Sodexo Registration Document Fiscal 2011 39 01 02 03 04 05 06 07 08 09 10 11 12 13 14
Page 1 and 2: Fiscal 2011 Registration Document
Page 3 and 4: Registration Document Fiscal 2011 T
Page 5 and 6: P ◀ CONTENTS ▶ Message from Mic
Page 7 and 8: P ◀ CONTENTS ▶ History 01 01 Ou
Page 9 and 10: P ◀ CONTENTS ▶ The Fundamental
Page 11 and 12: P ◀ CONTENTS ▶ OUR MISSION Our
Page 13 and 14: P ◀ CONTENTS ▶ ‡ Our ambition
Page 15 and 16: P ◀ CONTENTS ▶ Titre Our Group
Page 17 and 18: P ◀ CONTENTS ▶ SODEXO HAS THREE
Page 19 and 20: P ◀ CONTENTS ▶ OUR AWARDS Sodex
Page 21 and 22: P ◀ CONTENTS ▶ 2. EMPLOYEES AND
Page 23 and 24: P ◀ CONTENTS ▶ DIVIDENDS PAID O
Page 25 and 26: P ◀ CONTENTS ▶ Titre Quality 1
Page 27 and 28: P ◀ CONTENTS ▶ Quality of Life
Page 29 and 30: P ◀ CONTENTS ▶ diverse data sou
Page 31 and 32: P ◀ CONTENTS ▶ commitments unde
Page 33 and 34: P ◀ CONTENTS ▶ The high economi
Page 35 and 36: P ◀ CONTENTS ▶ Democratic Repub
Page 37 and 38: P ◀ CONTENTS ▶ 5.3 Achievements
Page 39: P ◀ CONTENTS ▶ 6.2 Market trend
Page 43 and 44: P ◀ CONTENTS ▶ Liceo Franco Arg
Page 45 and 46: P ◀ CONTENTS ▶ Quality of Life
Page 47 and 48: P ◀ CONTENTS ▶ themselves, enha
Page 49 and 50: P ◀ CONTENTS ▶ 4. PUBLIC BENEFI
Page 51 and 52: P ◀ CONTENTS ▶ Development of n
Page 53 and 54: P ◀ CONTENTS ▶ Economic and Soc
Page 55 and 56: P ◀ CONTENTS ▶ On the strength
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Page 61 and 62: P ◀ CONTENTS ▶ 2.2.8 Social and
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Page 67 and 68: P ◀ CONTENTS ▶ 2. WE DO The Bet
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Page 71 and 72: P ◀ CONTENTS ▶ chemical sourcin
Page 73 and 74: P ◀ CONTENTS ▶ EXAMPLES OF A BE
Page 75 and 76: P ◀ CONTENTS ▶ Titre Consolidat
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Page 79 and 80: P ◀ CONTENTS ▶ 2. FISCAL 2011 F
Page 81 and 82: P ◀ CONTENTS ▶ 2.2.2 Currency e
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Page 85 and 86: P ◀ CONTENTS ▶ 2.2.4 Motivation
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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
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P ◀ CONTENTS ▶ 4.26.2 Principal
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P ◀ CONTENTS ▶ 5.1.1 Analysis o
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P ◀ CONTENTS ▶ Counterparty ris
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P ◀ CONTENTS ▶ France Consolida
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P ◀ CONTENTS ▶ Africa Consolida
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P ◀ CONTENTS ▶ europe Consolida
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P ◀ CONTENTS ▶ Asia, Pacific, M
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P ◀ CONTENTS ▶ ‡ Supplemental
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P ◀ CONTENTS ▶ ISo Code Countri
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P ◀ CONTENTS ▶ Growth in the Mo
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P ◀ CONTENTS ▶ At the same time
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P ◀ CONTENTS ▶ Information Titr
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P ◀ CONTENTS ▶ 2. BALANCE SHEET
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P ◀ CONTENTS ▶ 2.1.2 Property,
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P ◀ CONTENTS ▶ 5. EXCEPTIONAL I
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P ◀ CONTENTS ▶ Information on t
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P ◀ CONTENTS ▶ 13.2 Changes in
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P ◀ CONTENTS ▶ extendable on ap
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P ◀ CONTENTS ▶ 18. RELATED PART
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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 ▶ (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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