HERMÈS - 2019 Universal Registration Document

4 COMMENTS ON THE FINANCIAL YEAR AND OUTLOOK

AFR

COMMENTS ON THE CONSOLIDATED STATEMENT

4.1

OF PROFIT OR LOSS

290

COMMENTS ON THE SUMMARY CONSOLIDATED

4.2

STATEMENT OF CASH FLOWS

291 291

balance sheet Investments

4.2.1

4.2.2

291

EXCEPTIONAL EVENTS

4.3

292

INFORMATION ON THE PARENT COMPANY FINANCIAL STATEMENTS, ON ACCOUNTS PAYABLE DUE DATES, SUBSIDIARIES AND ASSOCIATES Information on the parent company financial statements

4.4

292 292

4.4.1

Information on accounts payable due dates Information on subsidiaries and associates

4.4.2

292

4.4.3

292

Information on branches

4.4.4

293

Information on the amount of inter-company loans

4.4.5

293

OUTLOOK

4.5

294

2019 UNIVERSAL REGISTRATION DOCUMENT HERMÈS INTERNATIONAL

289