HERMÈS - 2018 Registration document

Parent company financial statements

Notes to the financial statements

ANALYSIS OF LIABILITIES BY MATURITY

NOTE 15

31/12/2018

31/12/2017

> 1 year and < 5 years

< 1 year

Net amount

Net amount

In millions of euros

Financial debts Bank borrowings 1

4.5 0.3 4.3

18.7

23.2

24.5

-

0.3

1.2

18.7

22.9 79.0 25.1 53.9

23.2 61.5 22.1 39.4

Miscellaneous borrowings and financial liabilities 2

Operating liabilities

70.3 25.1 45.2

8.7

-

Trade and other payables 3

8.7 8.8

Tax and social-security liabilities 4

Miscellaneous liabilities

518.4

527.2

435.5

Amounts payable to fixed asset suppliers

2.3

-

2.3

2.2

516.1 593.2

8.8

524.9 629.4

433.4 521.5

Other 5 TOTAL

36.1

(1) Bank overdrafts. (2) Funds held in trust for employees under the statutory employee profit-sharing plan. (3) Including €11 million in invoices not yet received and €3.0 million with related companies. (4) Including €23 million in tax and employee-related provisions payable. (5) Mainly financial current accounts of the subsidiaries amounting to €506.0 million.

NET CASH POSITION

NOTE 16

2018

2017

Marketable securities Cash at bank and in hand

1,919.4

1,640.0

469.5

479.9

Bank overdrafts

(0.3)

(1.2)

NET CASH POSITION

2,388.6

2,118.7

6

Treasury shares are excluded from the marketable securities presented in net cash.

2018 REGISTRATION DOCUMENT HERMÈS INTERNATIONAL

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