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2016 REGISTRATION DOCUMENT
HERMÈS INTERNATIONAL
214
PARENT COMPANY FINANCIAL STATEMENTS
6
STATEMENT OF PROFIT OR LOSS FOR 2016
6.1
STATEMENT OF PROFIT OR LOSS FOR 2016
In millions of euros
Notes
2016
2015
Operating income
2
332.2
249.2
Revenue
177.6
207.2
Other products
2.1
0.8
Reversals of provisions and expenses reclassified
152.6
41.2
Operating expenses
331.2
264.1
Other purchases and external expenses
99.1
99.2
Tax and duties
7.3
6.2
Compensation
47.0
45.6
Social security and similar expenses
3
105.0
55.3
Amortisation, depreciation, provisions and impairment
71.0
52.7
Other expenses
1.8
5.2
NET OPERATING INCOME/(LOSS)
1.0
(14.9)
Financial income
1,267.2
1,015.1
Income from subsidiaries and associates
1,225.9
931.0
Other interest and similar income
2.3
6.2
Reversals of provisions and impairment
11
12.0
46.6
Foreign exchange gains
26.9
30.6
Net income from disposals of marketable securities
0.2
0.6
Financial expenses
179.8
123.7
Additions to provisions and impairment
11
158.0
122.2
Foreign exchange losses
21.2
-
Interest and similar expenses
0.7
1.5
NET FINANCIAL INCOME
1,087.4
891.4
RECURRING OPERATING INCOME
1,088.4
876.5
Extraordinary income
135.6
18.6
Extraordinary expenses
123.2
20.2
NET EXTRAORDINARY INCOME
4
12.5
(1.6)
NET INCOME BEFORE TAX AND EMPLOYEE PROFIT-SHARING
1,100.9
874.9
Employee profit-sharing
(3.9)
(3.9)
Income tax
5
(5.8)
(28.3)
NET INCOME
1,091.2
842.8
N.B.: the values shown in the tables are generally expressed in millions of euros. In certain cases, the effects of rounding up/down can lead to a slight discrepancy on the level of the totals or
changes.