HERMES_REGISTRATION_DOCUMENT_2017

5

CONSOLIDATED FINANCIAL STATEMENTS CONSOLIDATED STATEMENT OF PROFIT OR LOSS FOR 2017

CONSOLIDATED STATEMENT OF PROFIT OR LOSS FOR 2017

5.1

2017

2016

Notes

In millions of euros

3 4

Revenue

5,549.2 (1,659.3) 3,889.9 (1,656.3) (311.6) 1,922.0

5,202.2 (1,681.9) 3,520.3 (1,545.3) (278.5) 1,696.5

Cost of sales Gross margin

Selling, marketing and administrative expenses

5 6 3

Other income and expenses Recurring operating income

Other non-recurring income and expenses

-

-

Operating income Net financial income Net income before tax

1,922.0

1,696.5

7

(32.2)

(47.8)

1,889.8 (669.3)

1,648.8 (555.5)

Income tax

8

Net income from associates CONSOLIDATED NET INCOME

15

5.3

10.9

1,225.8

1,104.2

Net income attributable to non-controlling interests

21

(4.3)

(3.9)

NET INCOME ATTRIBUTABLE TO OWNERS OF THE PARENT

1,221.5

1,100.3

Earnings per share in euros

9 9

11.70 11.62

10.53 10.47

Diluted earnings per share in euros

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.

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2017 REGISTRATION DOCUMENT HERMÈS INTERNATIONAL