Hermès // 2021 Universal Registration Document
CONSOLIDATED FINANCIAL STATEMENTS CONSOLIDATED BALANCE SHEET
CONSOLIDATED BALANCE SHEET
5.3
ASSETS
31/12/2021
31/12/2020
Notes
In millions of euros
Goodwill
7.1 7.2 7.3 7.2 7.4 9.2
42
42
Intangible assets Right-of-use assets
258
221
1,517 1,881
1,446 1,646
Property, plant and equipment
Investment property
9
73
Financial assets
617
368
Investments in associates
8
51 59
49 56
Loans and deposits Deferred tax assets
6.3 4.5
546
475
Other non-current assets
22
24
Non-current assets
5,002 1,449
4,401 1,289
Inventories and work-in-progress Trade and other receivables
4.5 4.5 4.5 4.5
333
250
Current tax receivables Other current assets Financial derivatives Cash and cash equivalents
58
63
257
193 121
10
53
9.3
6,696 8,845
4,733 6,650
Current assets TOTAL ASSETS
13,847
11,051
5
LIABILITIES In millions of euros Share capital Share premium Treasury shares
31/12/2021
31/12/2020
Notes
11
54 50
54 50
11
(551) 7,142
(464) 6,212
Reserves
Foreign currency adjustments Revaluation adjustments
11.5 11.5
178
38
83
106
Net income attributable to owners of the parent Equity attributable to owners of the parent
2,445 9,400
1,385 7,380
Non-controlling interests
12
11
Equity
9,412
7,391
Borrowings and financial liabilities due in more than one year
9
24
18
Lease liabilities due in more than one year
7.3
1,529
1,447
Non-current provisions
12
26
22
Post-employment and other employee benefit obligations due in more than one year
5.3 6.3 4.5
220
275
Deferred tax liabilities
15 45
22 36
Other non-current liabilities
Non-current liabilities
1,860
1,821
Borrowings and financial liabilities due in less than one year
9
1
25
Lease liabilities due in less than one year
7.3
248 115
196 100
Current provisions
12
Post-employment and other employee benefit obligations due in less than one year
5.3 6.5
40
28
Trade and other payables Financial derivatives Current tax liabilities Other current liabilities
535 122 347
448
10
29
4.5 4.5
218 795
1,168 2,575
Current liabilities
1,839
TOTAL EQUITY AND LIABILITIES
13,847
11,051
2021 UNIVERSAL REGISTRATION DOCUMENT HERMÈS INTERNATIONAL
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