In November 2025, the Group disposed of its 100% shareholding in SIA Restauration Rapide Côte d'Ivoire SAS. The consideration received amounted to EUR 7.6m whereas the net assets disposed of were EUR 2.4m, including cash and cash equivalents of EUR 0.7m. A net gain on disposal of EUR 2.2m has been recognized in the Consolidated Income Statement under other gains and losses, net (Note 2.5).
The financial effects of the deconsolidation are summarized in the table below:
in EUR m | Disposal of SIA Restauration Rapide Côte d'Ivoire SAS |
Cash and cash equivalents, net of overdrafts | (0.7) |
Other current receivables | (1.2) |
Inventories | (0.8) |
Property, plant and equipment (Notes 3.4, 3.7) | (1.9) |
Intangible assets (Note 3.6) | (4.2) |
Other non-current receivables | (0.1) |
Short-term debt | 0.3 |
Trade and other payables | 0.2 |
Accrued expenses | 0.7 |
Other current payables | 3.9 |
Long-term debt | 1.1 |
Defined benefit obligations (Note 5.3) | 0.3 |
Net assets disposed of | (2.4) |
Consideration received | 7.6 |
Allowance for pre-existing intragroup financing | (2.9) |
Transaction costs and other indemnity provisions | (0.1) |
Gain on disposal before reclassification of translation differences | 2.2 |
Reclassification of translation differences | - |
Gain on disposal | 2.2 |
Consideration received in cash | 7.6 |
Less: Cash and cash equivalents disposed of | (0.7) |
Net cash inflow | 6.9 |