HERMÈS - 2020 Universal registration document

PARENT COMPANY FINANCIAL STATEMENTS NOTES TO THE FINANCIAL STATEMENTS

NOTES TO THE FINANCIAL STATEMENTS

6.5

The 12-month financial year covers the period from 1 January through 31 December 2020. The following notes are an integral part of the annual financial statements.

DETAILED CONTENTS

NOTE 1 NOTE 2 NOTE 3 NOTE 4 NOTE 5 NOTE 6 NOTE 7 NOTE 8 NOTE 9 NOTE 10 NOTE 11 NOTE 12 NOTE 13 NOTE 14 NOTE 15 NOTE 16 NOTE 17 NOTE 18 NOTE 19 NOTE 20 NOTE 21 NOTE 22 NOTE 23

ACCOUNTING PRINCIPLES AND POLICIES

410 411 412 412 412 412 413 413 414 414 414 414 415 415 415 415 416 416 418 419 419 419 419

OPERATING INCOME

COMPENSATION AND OTHER PERSONNEL COSTS DEPRECIATION, AMORTISATION AND PROVISIONS OTHER ELEMENTS OF NET FINANCIAL INCOME

EXTRAORDINARY INCOME

INCOME TAX

OPERATING ASSETS FINANCIAL ASSETS

BREAKDOWN OF ASSETS BY MATURITY

MARKETABLE SECURITIES

SHARE CAPITAL

FREE SHARE PLANS

PROVISIONS AND IMPAIRMENT

BREAKDOWN OF LIABILITIES BY MATURITY

NET CASH POSITION

RELATED-PARTY TRANSACTIONS EXPOSURE TO MARKET RISKS

FINANCIAL COMMITMENTS

AVERAGE NUMBER OF EMPLOYEES

POST-EMPLOYMENT BENEFIT OBLIGATIONS COMPENSATION OF CORPORATE OFFICERS

SUBSEQUENT EVENTS

6

2020 UNIVERSAL REGISTRATION DOCUMENT HERMÈS INTERNATIONAL

409