L'Oréal - 2018 Registration Document

5 Parent company financial statements

NOTES TO THE PARENT COMPANY FINANCIAL STATEMENTS

NOTES TO THE PARENT COMPANY FINANCIAL 5.5. STATEMENTS

Accounting principles

Stock purchase or subscription options – Free NOTE 17 shares

NOTE 1

311

320

Sales

NOTE 2

314

Provisions for liabilities and charges NOTE 18

321

Other revenue

NOTE 3

314

Borrowings and debt NOTE 19

322

Average headcount

NOTE 4

314

Maturity of payables NOTE 20

323

Depreciation, amortisation and charges to

NOTE 5

provisions

Unrealised exchange gains and losses NOTE 21

315

323

Net financial income

Derivative financial instruments NOTE 22

NOTE 6

315

324

Exceptional items

Transactions and balances with related entities NOTE 23 and parties

NOTE 7

315

325

Income tax

NOTE 8

316

Off-balance sheet commitments NOTE 24

325

Increases or reductions in future tax liabilities

NOTE 9

316

Changes in working capital NOTE 25

326

Research costs NOTE 10

316

Changes in other financial assets NOTE 26 326 Cash and cash equivalents at the end of the year NOTE 27 326 Disclosures NOTE 28 326 Subsequent events NOTE 29 326 Table of subsidiaries and holdings NOTE 30 327

Intangible assets NOTE 11

317

Tangible assets NOTE 12

317

Non-current assets held under finance leases NOTE 13

318

Financial assets NOTE 14

318

Marketable securities NOTE 15

319

Maturity of receivables NOTE 16

319

Highlights of the financial year On 2 May 2018, L’Oréal announced the acquisition of 100% of Nanda Co. Ltd., the Korean lifestyle, make-up and fashion company founded by Kim So-Hee in Seoul in 2004. The acquisition was finalised on 20 June 2018 following regulatory clearance

At midnight on 30 June 2018, Gemey Maybelline Garnier transferred all its assets to L’Oréal, in consideration for taking on all its debt, with retroactive effect to 1 January 2018.

REGISTRATION DOCUMENT / L'ORÉAL 2018

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