L'Oréal - 2018 Registration Document

Parent company financial statements NOTES TO THE PARENT COMPANY FINANCIAL STATEMENTS

Intangible assets NOTE 11

Acquisitions/ Depreciation

Disposals/ Reversals

Other movements (2)

31.12.2018

31.12.2016

31.12.2017

€ millions

Patents and trademarks Business goodwill (1)

556.4 891.4 347.7 186.5

634.6

277.4 172.1

- -

18.6

930.6

1,496.2

118.6 44.9 17.5 -64.4 135.2

1,786.9

Software

390.3 186.5 124.0

43.1 35.6 66.9

-12.1

466.2 239.6

Other intangible assets Tangible assets in progress

-

90.1

-72.5 -84.6

54.0

Gross value

2,072.1

2,831.6

595.1

3,477.3

Patents and trademarks

103.1

118.4

10.6

- -

1.1

130.1

Business goodwill

0.3

0.6

0.7

-

1.3

Software

241.4

277.7

46.7

-12.1

2.6

314.9

Other intangible assets

52.4

56.0

3.7

-

-

59.7

Amortisation

397.2

452.7

61.7

-12.1

3.7

506.0

Patents and trademarks

51.4 84.6

51.4 84.6

-

- -

- - - -

51.4 95.8

Business goodwill

11.2

Other intangible assets

3.5

8.4

-

-4.9 -4.9

3.5

Impairment NET VALUE

139.5

144.4

11.2

150.7

1,535.4

2,234.5

522.3

-67.6

131.5

2,820.6

In 2018, the increase in business goodwill was due to the acquisition of ModiFace and Nanda Co. (1) In 2017, the increase in business goodwill related to the acquisition of CeraVe. Other movements mainly stemmed from the merger of Gemey Maybelline Garnier and the reclassification of non-current assets in progress. (2)

5

Tangible assets NOTE 12

Acquisitions/ Depreciation

Disposals/ Reversals Other movements

31.12.2018

31.12.2016

31.12.2017

€ millions

Land

77.4

76.5

0.1 8.4 9.2

-

0.2 9.2 2.4

76.8

Buildings

619.6 186.7 188.0

627.6 192.8 201.1

-6.5 -4.6 -8.1

638.7 199.8 225.2

Industrial machinery and equipment

Other tangible assets

15.6 33.1

16.6 -11.2

Tangible assets in progress Advances and prepayments

25.4 10.7

48.1

- -

70.0

0.7

0.2

-

0.9

Gross value

1,107.8

1,146.8

66.6

-19.2

17.2

1,211.4

Land

0.7

0.9

0.3

-

- -

1.2

Buildings

383.1 147.1

385.7 148.6 111.6 646.8

21.6

-6.5 -4.4 -7.8 -0.3 -0.3 -0.2 -18.7

400.8 155.5 136.5 694.0

Industrial machinery and equipment

9.5

1.8 8.6

Other tangible assets

99.3

24.1 55.5

Amortisation

630.2

10.4

Industrial machinery and equipment

0.3 0.3

2.1 2.1

2.1 2.1 9.0

- -

3.9 3.9

Impairment

NET BOOK VALUE

477.3

497.9

6.8

513.5

Depreciation and amortisation recognised in 2018 for property, plant and equipment and intangible assets included: €110.7 million on a straight-line basis; s €1.1 million on a declining-balance basis; s €5.3 million relating to exceptional depreciation and amortisation. s

REGISTRATION DOCUMENT / L'ORÉAL 2018

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