Registration Document

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01 02 03 04 05 06 07 08 09 10 11 12 13 14 72 05 Economic and Social Responsibility and Sustainable Development Sustainable Development 4. ENVIRONMENTAL INFORMATION ON THE ISSUER As part of its commitment to sustainable development, Sodexo strives to minimize the direct impact of its service activities on the environment. Working at the computer, using the printer, taking a coffee break, heating the office, turning on the light, travelling: all these activities affect the environment. In 2010, Sodexo obtained a triple certification including at its headquarters for ISO 14001, ISO 9001 and OHSAS 18001 - for its Facilities Management services. This certification is the recognition of the many environmental actions that are continuously pursued on-site towards greater energy and water reduction in particular. Among sustainable development measures implemented at headquarters: • selective sorting and collection of office waste, with pre-sorting by each office worker: use of collective all-in one printer/photocopier/fax machines, PEFC-certified wood containers for recycling paper, collection of plastic bottle tops and batteries, compostable biodegradable cups, recycling of ink cartridges; • use of environmentally-friendly cleaning products through the new “Clenea” machine which provides an eco-washing system; • investment in video and web conferencing systems to limit business trips; • concierge services offering sustainable services such as organic fruits and vegetable baskets or shoe-repairs done with solvent-free glues; • serving Sodexo’s Aspretto offer of organic and fair trade teas and coffees. Consumption of electricity and water ELECTRICITY Fiscal 2011 2,055,073 kWh Fiscal 2010 2,130,199 kWh Fiscal 2009 2,334,494 kWh Fiscal 2008 2,315,301 kWh Sodexo Registration Document Fiscal 2011 Consumption of electricity per square meter decreased by 4% in Fiscal 2011 relative to the prior year, and several measures have been introduced to optimize our energy consumption, including: • replacing all lamps and bulbs in the lobby and restaurant with low-energy materials; • fitting parking garage stairs, changing rooms, loading dock and technical rooms with light presence detectors to curb electricity consumption; • extending presence detectors to meeting rooms; • replacing all coffee machines with energy efficient ones. • use of the Ergelis smart heating and air conditioning control system; • centralized lighting control with different scenarios; • using energy class A electric office appliances; • separating heated from non-heated areas; • using low-emissivity glass windows to reduce energy consumption. WATER P ◀ CONTENTS ▶ Fiscal 2011 2,699 m3 Fiscal 2010 2,366 m3 Fiscal 2009 2,322 m3 Fiscal 2008 2,804 m3 Despite many initiatives launched at the site, water consumption in cubic meters increased during Fiscal 2011 compared to the prior fiscal year. Several factors have been identified such as the increase in the number of employees and visitors. Other measures to improve water consumption introduced since Fiscal 2008 include: • changing settings of pulse valves to stop the water flow and limit running time; • training cleaning personnel in environmentally responsible methods for using less water; • installing water meters capable of detecting unusual changes in the level of water consumption.
P ◀ CONTENTS ▶ Titre Consolidated 1 information 06 00 Fiscal 2011 Activity Report 74 1. Highlights 74 2. Fiscal 2011 figures 77 3. Financial position of the Group 84 4. Fiscal 2012 and medium-term outlook 86 Sodexo Consolidated Financial Statements as of August 31, 2011 89 1. Consolidated income statement 89 2. Consolidated statement of comprehensive income 89 3. Consolidated balance sheet 90 4. Consolidated cash flow statement 92 5. Statement of changes in shareholders’ equity 93 Notes to the Consolidated Financial Statements 94 Statutory Auditors’ Report on the consolidated financial statements 161 Supplemental information 163 1. Financial ratios 163 2. Two-year financial summary 164 3. Exchange rates 164 4. Investment policy 166 5. Risk factors 166 6. Risk coverage 169 Sodexo Registration Document Fiscal 2011 73 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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Page 25 and 26: P ◀ CONTENTS ▶ Titre Quality 1
Page 27 and 28: P ◀ CONTENTS ▶ Quality of Life
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Page 37 and 38: P ◀ CONTENTS ▶ 5.3 Achievements
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Page 41 and 42: P ◀ CONTENTS ▶ 8. EDUCATION 21.
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Page 85 and 86: P ◀ CONTENTS ▶ 2.2.4 Motivation
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Page 109 and 110: P ◀ CONTENTS ▶ 2.22.3 Income ta
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Page 117 and 118: P ◀ CONTENTS ▶ (in millions of
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Page 121 and 122: P ◀ CONTENTS ▶ The table below
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P ◀ CONTENTS ▶ 4.11.4 details o
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P ◀ CONTENTS ▶ Consolidated inf
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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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