L'Oréal - 2018 Registration Document

2018 Consolidated Financial Statements NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

€ millions 2017

Acquisitions/ Disposals

31.12.2016

Other movements

31.12.2017

L’Oréal Professionnel/Kérastase

397.9 436.2 585.6 137.4

7.6

-25.2 -44.6 -59.6

380.3 391.5 539.6 137.4

Matrix

Redken/PureOlogy Decléor and Carita

13.6

Others

3.4

-0.4

3.0

Professional Products Total

1,560.4

21.2

-129.8

1,451.7

L’Oréal Paris

870.5

-18.1

852.4

Maybelline/Garnier

1,291.7

-105.7

1,186.0

Magic Holdings

274.0 158.3 345.1 180.3 186.8 800.3 141.7 519.8 447.8

-16.8

257.2 158.3 310.2 155.6 168.8 795.1 129.3 519.8 453.9

LaSCAD

NYX Professional Makeup

-34.9 -24.7 -18.0

Niely

Others

Consumer Products Total

3,306.7

-218.2

3,088.5

Lancôme

-5.2

Shu Uemura YSL Beauté

-12.4

4

Perfumes

6.2

L’Oréal Beauty Device (1)

73.9

-4.1

69.8

Urban Decay IT Cosmetics

161.1 812.4

-17.0 -63.4

144.1 749.0

Others

65.6

-1.0

64.6

L’Oréal Luxe Total Vichy/Dermablend

3,022.6

-96.9

2,925.6

285.5

-7.3

278.1 943.0 115.7

CeraVe Others

-

1,004.0

-61.0

123.8 409.2

-8.1

Active Cosmetics Total

1,004.0

-76.4 -14.3 -27.5

1,336.8

Other

83.9

69.6

The Body Shop GROUP TOTAL

409.8

-382.4 642.9

-

8,792.5

-563.1

8,872.3

This Cash Generating Unit mainly concerns Clarisonic. (1)

2017 acquisitions mainly relate to CeraVe and Four Star Salon Services for €1,025.2 million. 2017 disposals mainly relate to The Body Shop on 7 September 2017 (see note 2.3.). This sale generated a write-off of goodwill for a value of -€382.4 million.

Other movements mainly reflect the negative currency impact of €580.9 million. The accumulated impairment losses relating to L’Oréal Beauty Device, Magic, Softsheen-Carson, Yue-Sai and Sanoflore amount to €218.3 million, €153.1 million, €141.4 million, €31.1 million and €35.7 million respectively at 31 December 2017.

REGISTRATION DOCUMENT / L'ORÉAL 2018

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