Universal Registration Document 2025

Note 8 Non-current income and expenses

6.6 Notes to the consolidated financial statements

Note 8 Non-current income and expenses

Note 8 Non-current income and expenses

Note 8 Non-current income and expenses
(in millions of euros) 2025 2024
Non-current income and (expenses)

Non-current income and (expenses)

2025

Non-current income and (expenses)

2024

14

Capital gains (losses) on disposal of assets

Capital gains (losses) on disposal of assets

2025

(5)

Capital gains (losses) on disposal of assets

2024

1

Total non-current income and (expenses)

Total non-current income and (expenses)

2025

(5)

Total non-current income and (expenses)

2024

15

In 2025, other non-current income and expenses mainly reflect the gain recognized on the disposal of the subsidiary MSL France, which held a 50% stake in Viva Tech, a joint venture between MSL France and Les Echos Solutions accounted for using the equity method, for an amount of euro 2 million (see note 15) and a capital loss on a non recoverable asset related to a previous disposal for an amount of euro (7) million.

In 2024, other non-current income and expenses mainly corresponded to income of euro 14 million generated by the contribution of the exclusive right to use Citrus and Epsilon technologies to Unlimitail (see Note 15).

Note 9 Financial result

Note 9 Financial result
(in millions of euros) 2025 2024
Interest expenses on loans and bank overdrafts

Interest expenses on loans and bank overdrafts

2025

(115)

Interest expenses on loans and bank overdrafts

2024

(122)

Income from cash and cash equivalents

Income from cash and cash equivalents

2025

87

Income from cash and cash equivalents

2024

135

Income (expenses) on derivatives

Income (expenses) on derivatives

2025

36

Income (expenses) on derivatives

2024

39

Financial debt expenses Financial debt expenses2025(115) Financial debt expenses

2024

(122)
Financial debt income Financial debt income2025123 Financial debt income

2024

174
Cost of net financial debt Cost of net financial debt20258 Cost of net financial debt

2024

52
Interest expense on lease liabilities

Interest expense on lease liabilities

2025

(86)

Interest expense on lease liabilities

2024

(84)

Change in fair value of financial assets

Change in fair value of financial assets

2025

7

Change in fair value of financial assets

2024

10

Foreign exchange gains (losses) and change in the fair value of derivatives

Foreign exchange gains (losses) and change in the fair value of derivatives

2025

(20)

Foreign exchange gains (losses) and change in the fair value of derivatives

2024

1

Other

Other

2025

(9)

Other

2024

(8)

Other financial income and expenses Other financial income and expenses2025(108) Other financial income and expenses

2024

(81)
Financial result excluding revaluation of earn-out commitments

Financial result excluding revaluation of earn-out commitments

2025

(100)

Financial result excluding revaluation of earn-out commitments

2024

(29)

Revaluation of earn-out commitments Revaluation of earn-out commitments2025(59) Revaluation of earn-out commitments

2024

35
Financial result

Financial result

2025

(159)

Financial result

2024

6