Capital expenditure

Food & beverage investments increased notably both in absolute terms (from €255.9m to €278.6m) and as a percentage of sales (from 6.6% to 7.1%). This reflects the growth of the contract portfolio, due to the many important concessions won or extended in recent years. Maintenance expenditure was stable at around 1% of the segment's sales.

2007 2008
(€m) Devel./
restructurations
Maintenance ICT & other Total Devel./
restructurations
Maintenance ICT & other Total
North America and Pacific region 126.5 8.6 5.8 140.8 86.7 9.7 17.3 113.7
Italy 59.2 14.2 11 .7 85.1 64.6 16.8 8.9 90.2
Other countries 33.8 15.7 3.1 52.6 35.6 12.4 3.9 51 .9
Food & beverage 219.6 38.4 20.6 278.6 186.9 38.9 30.1 255.9
% 78.8% 13.8% 7.4% 73.0% 15.2% 11 .8%