HERMÈS - 2019 Universal Registration Document

5

CONSOLIDATED FINANCIAL STATEMENTS CONSOLIDATED STATEMENT OF CHANGES IN EQUITY

CONSOLIDATED STATEMENT OF CHANGES IN EQUITY

5.4

Consolidated reserves and net income attributable to owners

Revaluation adjustments

Equity attributable to owners

Actuarial gains and losses

Future cash flow hedge in foreign currencies

Foreign currency adjustments

Non- controlling interests

Number of shares

Share capital

Share premium

Treasury shares

of the parent

Financial investments

of the parent

Equity

In millions of euros

Notes

23

23

23

23.4

23.2 13.8

23.3 72.7

23.3

24

23

As at 31 December 2017 105,569,412 53.8 49.6 (453.6)

5,346.4 (102.5)

58.7 5,039.0

6.6 5,045.5

First-time application of IFRS 16 As at 1 January 2018 – restated 1 Net income attributable to owners of the parent Other comprehensive income Comprehensive income Change in share capital and share premium Purchase or sale of treasury shares

(34.1)

(0.3)

(34.4)

(34.3)

105,569,412 53.8 49.6 (453.6)

5,312.3 (102.5)

13.5

72.7

58.7 5,004.6

6.6 5,011.2

- - -

- - -

- - -

1,405.5

-

-

-

1,405.5

5.1 1,410.6

-

5.5 5.5

74.4 74.4

27.6 27.6

(76.8) (76.8)

30.7

0.4

31.1

1,405.5

1,436.3

5.5 1,441.8

-

-

-

-

-

-

-

-

0.0

-

-

- - -

- - -

(11.6)

(47.8)

- - -

- - -

- - -

- - -

(59.5)

- -

(59.5)

Share-based payments

- -

51.3

51.3

51.3

Dividends paid

(954.0)

(954.0)

(4.3)

(958.2)

First-time application of IFRS 9

- -

- -

- -

34.2 (8.7)

- -

- -

- -

(34.2)

-

-

-

Other

-

(8.7)

(2.9)

(11.6)

As at 31 December 2018 – restated 1 Net income attributable to owners of the parent Other comprehensive income Comprehensive income Change in share capital and share premium Purchase or sale of treasury shares

105,569,412 53.8 49.6 (465.2)

5,792.6 (97.0)

88.0

100.3

(52.3)

5,469.8

4.9 5,474.7

- - -

- - -

- - -

1,528.2

-

-

- - -

1,528.2

7.0 1,535.3

-

(36.0)

49.4 49.4

2.8

16.2

0.7

16.9

1,528.2 (36.0)

2.8 1,544.4

7.7 1,552.2

-

-

-

-

-

-

-

-

0.0

-

-

- - - -

- - - -

(43.5)

(5.4) 87.7

- - - -

- - -

- - - -

- - - -

(48.9)

- -

(48.9)

Share-based payments

- - -

87.7

87.7

Dividends paid

(482.6)

(482.6)

(4.0) (0.8)

(486.6)

Other

(3.5)

1.3

(2.2)

(3.0)

AS AT 31 DECEMBER 2019 105,569,412 53.8 49.6 (508.8) 7.8 6,575.9 Including the impact of IFRS 16 related to leases. In accordance with IAS 8, Hermès has applied the new standard on a full retrospective basis and has restated the financial statements as at 31 December 2018 and (1) the opening balance sheet as at 1 January 2018. 6,917.0 (133.0) 138.7 100.3 (49.5) 6,568.1

2019 UNIVERSAL REGISTRATION DOCUMENT HERMÈS INTERNATIONAL

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