Hermès // 2021 Universal Registration Document

CONSOLIDATED FINANCIAL STATEMENTS NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

2021

Europe (excl. France)

Asia-Pacific (excl. Japan)

France

Japan

Americas

Other

Unallocated

Total

In millions of euros

Revenue

838 285 34% 285 234 886 206 -

1,303 977 372 380 29% 39%

4,251 1,980

1,458 156

-

8,982 3,530

Recurring operating income Recurring operating profitability

520

44

(50)

47%

36% 28%

- -

39%

Other non-recurring income and expenses

-

-

-

-

-

-

Operating income

372 380

1,980

520

44

(50)

3,530

Operating investments Non-current assets 1 Non-current liabilities 1

38

22

105 916 561

77

-

56

532

454 253 364 113

752 562

33

1,162 4,456

-

40 1,845

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

Since 2021, “unallocated” includes expenses related to free share plans as well as unallocated central costs and internal billings.

2020

Europe (excl. France)

Asia-Pacific (excl. Japan)

France

Japan

Americas

Other

Holding

Total

In millions of euros

Revenue

620 159 26% 159 221 814 228 -

953 834 195 292 21% 35%

2,915 1,290

959 108

-

6,389 1,981

Recurring operating income Recurring operating profitability

229

25

(208)

44%

24% 23%

-

31%

Other non-recurring income and expenses

-

-

-

-

-

91

91

Operating income

195 292

1,290

229

25

(117)

2,073

Operating investments Non-current assets 1 Non-current liabilities 1

39

30

69

43

-

46

448

465 253 379 111

801 505

656 500

31

907 3,926 76 1,799

-

5

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

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