HERMES_REGISTRATION_DOCUMENT_2017

CONSOLIDATED FINANCIAL STATEMENTS NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

ANALYSIS OF THE MAIN CHANGES IN THE SCOPE OF CONSOLIDATION

NOTE 2

No significant change in the scope of consolidation occurred during financial year 2017.

SEGMENT INFORMATION

NOTE 3

The information below is shown after consolidation adjustments and eliminations (see Note 1.14).

3.1 Statement of profit or loss by geographical area

2017

Europe (excluding France)

Asia-Pacific (excluding Japan)

France

Japan

Americas

Other

Holding

Total

In millions of euros

Revenue

754.9 1,044.1 716.6 1,946.0

995.8 350.9 35.2%

91.8

5,549.2 1,922.0

Operating income

270.6 35.8% 121.8 801.5

294.5 255.0

865.2 44.5%

12.7 (126.9)

Operating profitability by segment

28.2%

35.6%

13.8%

34.6% 265.2

Operating investments Non-current assets 1

28.8

9.4

53.2

41.0

-

10.9

163.2 156.6

272.7

200.6

31.3

51.9 1,678.0

(1) Non-current assets other than financial instruments and deferred tax assets.

2016

5

Europe (excluding France)

Asia-Pacific (excluding Japan)

France

Japan

Americas

Other

Holding

Total

In millions of euros

Revenue

719.2 241.0 33.5% 126.0 793.1

963.7 724.1 1,777.8

940.8 297.4 31.6%

76.7

5,202.2 1,696.5

Operating income

253.2 251.0

743.7 41.8%

14.1 (103.9)

Operating profitability by segment

26.3%

34.7%

18.4%

32.6% 262.1

Operating investments Non-current assets 1

32.3

7.1

47.2

39.4

-

10.1

187.7 171.3

275.1

228.0

32.9

35.5 1,723.7

(1) Non-current assets other than financial instruments and deferred tax assets.

3.2 Revenue by sector

The breakdown of revenue by sector is as follows:

2017

2016

In millions of euros

Leather Goods and Saddlery Ready-to-wear and Accessories

2,800.3 1,181.1

2,603.7 1,099.1

Silk and Textiles

534.3 365.0 287.5 157.5 223.4

515.3 336.0 261.9 157.9 228.3

Other Hermès business lines

Perfumes Watches

Other products

REVENUE

5,549.2

5,202.2

2017 REGISTRATION DOCUMENT HERMÈS INTERNATIONAL

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