In accordance with the French law on the Modernisation of the Economy of 4 August 2008 and Articles L. 441-14 and D. 441-6 of the French Commercial Code, past due invoices issued and received but not paid at 31 December 2023 are broken down as follows:
| Article D. 441-6 I.-1°: Past due invoices received but not paid at the closing date | Article D. 441-6 I.-2°: Past due invoices issued but not paid at the closing date | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0 days (indicative) | 1 - 30 days | 31 - 60 days | 61 - 90 days | 91 days or more |
Total (1 day or more)(1) |
0 days (indicative) | 1 - 30 days days | 31 - 60 days | 61 - 90 days | 91 days or more |
Total (1 day or more)(1) |
|
| A. LATE PAYMENT TRANCHES | ||||||||||||
| Number of invoices concerned | 159 | 1,297 | 26 | 6,993 | ||||||||
| Total amount of invoices concerned, including taxes(2) | 2,565,051 | 11,961,536 | (85,962) | (1,123,499) | 608,338 | 11,360,414 | (443,018) | 32,855,065 | 8,179,918 | 5,451,715 | 31,705,009 | 78,191,707 |
| Percentage of total amount of purchases (including taxes) for the financial year(2) | 0.06% | 0.28% | 0.00% | -0.03% | 0.01% | 0.27% | ||||||
| Percentage of sales (including tax) for the financial year(2) | -0.01% | 0.59% | 0.15% | 0.10% | 0.57% | 1.40% | ||||||
| B. INVOICES EXCLUDED FROM A. BECAUSE OF DISPUTED OR UNRECOGNISED PAYABLES AND RECEIVABLES | ||||||||||||
| Number of invoices excluded | 468 | 134 | ||||||||||
| Total amount of invoices excluded | 4,137,506 | 288,976 | ||||||||||
| C. BENCHMARK PAYMENT TERMS USED (CONTRACTUAL OR STATUTORY TERM, ARTICLE L. 441-6 OR L. 443-1 OF THE FRENCH COMMERCIAL CODE) | ||||||||||||
| Benchmark payment terms used to calculate late payments |
Contractual payment terms: 45 days from end of month Statutory payment terms: 45 days from end of month |
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|
€ millions Sales |
2025 | 2024 | % change |
|---|---|---|---|
| First quarter |
First quarter 2025 1,292.2 |
First quarter 2024 1,201.8 |
First quarter % change 7.52% |
| Second quarter |
Second quarter 2025 1,266.1 |
Second quarter 2024 1,249.8 |
Second quarter % change 1.31% |
| Third quarter |
Third quarter 2025 1,224.4 |
Third quarter 2024 1,172.4 |
Third quarter % change 4.44% |
| Fourth quarter |
Fourth quarter 2025 1,287.9 |
Fourth quarter 2024 1,239.5 |
Fourth quarter % change 3.91% |
| TOTAL |
TOTAL 2025 5,070.6 |
TOTAL 2024 4,863.4 |
TOTAL % change 4.26% |
Sales comprise services and technology royalties.
