Hermès // 2021 Universal Registration Document

6

PARENT COMPANY FINANCIAL STATEMENTS INCOME STATEMENT

INCOME STATEMENT

6.1

2021 443 396

2020 405 318

Note

In millions of euros Operating income

2.1

Revenue

Other products

1

4

Reversals of provisions and expenses reclassified

47

84

Operating expenses

2.2

(364) (158)

(371) (142)

Other purchases and external expenses

Tax and duties

(14)

(19)

Compensation and other personnel costs Depreciation, amortisation and provisions

3.2

(113)

(108)

6/10.1

(77)

(98)

Other expenses Operating income

(2) 79

(4) 34

Income from subsidiaries and affiliates Net additions/(reversals) of provisions

7.3

1,246 (137)

1,328

(78)

Other elements

7.1

(11)

(3)

Net financial income

1,099 1,178

1,247 1,282

Recurring income before tax

Extraordinary income Employee profit-sharing

4

6

44 (4) 22

(6)

Income tax

5

(13)

NET INCOME

1,165

1,343

412 2021 UNIVERSAL REGISTRATION DOCUMENT HERMÈS INTERNATIONAL