Hermès // 2022 UNIVERSAL REGISTRATION DOCUMENT

6

PARENT COMPANY FINANCIAL STATEMENTS INCOME STATEMENT

6.1 INCOME STATEMENT

Note

2022

2021

In millions of euros

Operating income

2.1

577

443

Revenue

479

396

Other products

1

1

Reversals of provisions and expenses reclassified

97

47

Operating expenses

2.2

(421)

(364)

Other purchases and external expenses

(188)

(158)

Tax and duties

(12)

(14)

Compensation and other personnel costs

3.2

(139)

(113)

Depreciation, amortisation and provisions

6/10.1

(79)

(77)

Other expenses

(3)

(2)

Operating income

156

79

Income from subsidiaries and affiliates

7.3

2,444

1,246

Net additions/(reversals) of provisions

(84)

(137)

Other elements

7.1

79

(11)

Net financial income

2,439

1,099

Recurring income

2,596

1,178

Extraordinary income

4

(10)

6

Net income before tax and employee profit‑sharing

2,586

1,184

Employee profit‑sharing

(7)

(6)

Income tax

5

(50)

(13)

NET INCOME

2,529

1,165

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