L'Oréal - 2018 Registration Document

2018 Consolidated Financial Statements COMPARED CONSOLIDATED INCOME STATEMENTS

COMPARED CONSOLIDATED INCOME STATEMENTS 4.1.

2018

Notes

2017 (1)

2016 (1)

€ millions Net sales

3.1

26,937.4 26,023.7 24,916.3

Cost of sales Gross profit

-7,331.6

-7,359.2

-7,068.6

19,605.8 18,664.5 17,847.7

Research and development Advertising and promotion

-914.4

-877.1

-841.2

-8,144.7 -5,624.7 4,922.0

-7,650.6 -5,460.5 4,676.3

-7,264.4 -5,236.0 4,506.1

Selling, general and administrative expenses

Operating profit

3.1

Other income and expenses

4

-94.7

-276.3

-541.3

Operational profit

4,827.3

4,400.0

3,964.8

Finance costs on gross debt

-34.8 47.9 13.1 -15.0 358.3

-35.5 38.5

-27.4 39.0 11.6 -25.8 346.5

Finance income on cash and cash equivalents

Finance costs, net

3.1

Other financial income (expenses)

9.4

-26.0 350.0

4

Sanofi dividends

Profit before tax and associates

5,183.7 -1,284.3

4,727.0

4,297.1 -1,213.7

Income tax

6

-901.3

Share of profit in associates

0.1

-0.1

-0.1

Net profit from continuing operations Net profit from discontinued operations

3,899.5

3,825.6 -240.1 3,585.5

3,083.4

2.3

-

25.3

Net profit

3,899.5

3,108.7

Attributable to: owners of the company s non-controlling interests s

3,895.4

3,581.4

3,105.8

4.1

4.1

2.9

Earnings per share attributable to owners of the company (euros) Diluted earnings per share attributable to owners of the company (euros)

6.96 6.92 6.96

6.40 6.36 6.83

5.55 5.50 5.51

Earnings per share of continuing operations attributable to owners of the company (euros) Diluted earnings per share of continuing operations attributable to owners of the company (euros) Earnings per share of continuing operations attributable to owners of the company, excluding non-recurring items (euros) Diluted earnings per share of continuing operations attributable to owners of the company, excluding non-recurring items (euros)

11.4

11.4

6.92

6.78

5.46

11.4

7.13

6.70

6.47

11.4 6.41 The 2017 and 2016 consolidated income statements are presented to reflect the impacts of the application of IFRS 5 relative to discontinued operations, by restating (1) The Body Shop activity on a single line “Net profit from discontinued operations” (see note 2.3.). 7.08 6.65

REGISTRATION DOCUMENT / L'ORÉAL 2018

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