HERMÈS - 2019 Universal Registration Document

6

PARENT COMPANY FINANCIAL STATEMENTS STATEMENT OF PROFIT OR LOSS FOR 2019

STATEMENT OF PROFIT OR LOSS FOR 2019

6.1

2019

2018

Note

In millions of euros Operating income

2

403.1 315.0

312.1 247.6

Revenue

Other products

0.7

0.8

Reversals of provisions and expenses reclassified

87.4

63.8

Operating expenses

(375.8) (142.4)

(300.1) (127.6)

Other purchases and external expenses

Tax and duties

(14.2)

(11.2) (84.8) (74.7)

Compensation and external expenses Amortization, depreciation and provisions

3 4

(100.8) (116.2)

Other expenses

(2.3) 27.3

(1.9) 12.0

OPERATING INCOME

Income from subsidiaries and associates Net additions (Reversals) of provisions

1,740.6

1,319.3

(61.1)

(90.6) (12.7)

Other elements

5

7.8

NET FINANCIAL INCOME

1,687.2 1,714.5

1,215.9 1,228.0

CURRENT INCOME

EXTRAORDINARY INCOME

6

(49.5)

8.1

NET INCOME BEFORE TAX AND EMPLOYEE PROFIT-SHARING

1,665.0

1,236.1

Employee profit-sharing

(4.8) (7.1)

(4.6)

Income tax

7

7.0

NET INCOME 1,238.5 N.B.: the values shown in the tables are generally expressed in millions of euros. In certain cases, the effects of rounding up/down can lead to a slight discrepancy in the totals. 1,653.1

2019 UNIVERSAL REGISTRATION DOCUMENT HERMÈS INTERNATIONAL

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