Hermès // 2021 Universal Registration Document

CONSOLIDATED FINANCIAL STATEMENTS NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

In millions of euros

532

2,500

2,140

65

39

2,200

1,867

1,900

(362)

(2)

1,600

Q Increase Q Decrease Q Total

1,300

Net values as at 31/12/2020

Purchase

Amortisation and impairment

Decreases

Exchange rate impact

Other

Net values as at 31/12/2021

7.2.1 INTANGIBLE ASSETS In 2021, changes in intangible assets were as follows:

Exchange rate impact

31/12/2020

Increases

Decreases

Other 31/12/2021

In millions of euros

5

Software, licences, e-commerce website and patents

451 134

87 11 28

(3) (6)

1 1 0 2 0 1 0 2

24

560 143

Other intangible assets

3

Fixed assets under construction

37

-

(27)

38

TOTAL GROSS VALUES

622

127

(9)

0

741

Amortisation of software, licences, e-commerce website and patents

276 102

79

(3) (3) (4) (9) (0)

1 8

354 116

Amortisation of other intangible assets

8 3

Impairment losses

23

(9) (0)

14

TOTAL AMORTISATION AND IMPAIRMENT

401 221

90 37

483 258

TOTAL NET VALUES

(0)

0

In 2020, changes in intangible assets were as follows:

Exchange rate impact

31/12/2019

Increases

Decreases

Other 31/12/2020

In millions of euros

Software, licences, e-commerce website and patents

356 136

74

(0) (0) (0) (0)

(1) (6) (0) (6) (1) (5) (0) (6) (1)

22 (2)

451 134

Other intangible assets

6

Fixed assets under construction

33

29

(25)

37

TOTAL GROSS VALUES

525

109

(5)

622

Amortisation of software, licences, e-commerce website and patents

218 103

60

(0) (0)

(0) (2)

276 102

Amortisation of other intangible assets

6 2

Impairment losses

20

-

1

23

TOTAL AMORTISATION AND IMPAIRMENT

341 184

68 41

(0) (0)

(2) (3)

401 221

TOTAL NET VALUES

2021 UNIVERSAL REGISTRATION DOCUMENT HERMÈS INTERNATIONAL

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