Hermès // CSR Extract 2023

CONSOLIDATED FINANCIAL STATEMENTS AFR CONSOLIDATED BALANCE SHEET

5.3 CONSOLIDATED BALANCE SHEET

ASSETS In millions of euros

31/12/2023

31/12/2022

Notes

Goodwill

7.1 7.2 7.3 7.2

72

-

Intangible assets Right‑of‑use assets

225

213

1,716 2,340

1,582 2,007

Property, plant and equipment

Investment property

7

8

Financial assets

9.2

1,141

1,109

Investments in associates

8

200

54 65

Loans and deposits Deferred tax assets

70

6.3 4.4

631

555

Other non‑current assets Non‑current assets

37

39

6,438 2,414

5,630 1,779

Inventories and work‑in‑progress Trade and other receivables Current tax receivables Other current assets Financial derivatives Cash and cash equivalents

4.4 4.4 4.4 4.4 10 9.3

431

383

51

19

300 188

263 160

10,625 14,008 20,447

9,225

Current assets TOTAL ASSETS

11,828 17,459

LIABILITIES In millions of euros

31/12/2023

31/12/2022

Notes

5

Share capital Share premium Treasury shares

11

54 50

54 50

11

(698)

(674) 8,795

Reserves

10,744

Foreign currency adjustments

11.5 11.5

189 553

303 546

Revaluation adjustments

Net income attributable to owners of the parent Equity attributable to owners of the parent

4,311

3,367

15,201

12,440

Non‑controlling interests

2

16

Equity

15,203

12,457

Borrowings and financial liabilities due in more than one year

9

50

35

Lease liabilities due in more than one year

7.3 12 5.3 6.3 4.4

1,720

1,629

Non‑current provisions

31

30

Post‑employment and other employee benefit obligations due in more than one year

151

181

Deferred tax liabilities

2

20

Other non‑current liabilities Non‑current liabilities

106

103

2,060

1,998

Borrowings and financial liabilities due in less than one year

9

1

2

Lease liabilities due in less than one year

7.3 12 5.3 4.4

289 134

268 133

Current provisions

Post‑employment and other employee benefit obligations due in less than one year

16

15

Trade and other payables Financial derivatives Current tax liabilities Other current liabilities

880

777

10

45

74

4.4 4.4

586

496

1,233 3,183

1,239 3,004

Current liabilities

TOTAL EQUITY AND LIABILITIES

20,447

17,459

2023 UNIVERSAL REGISTRATION DOCUMENT HERMÈS INTERNATIONAL EXTRACT FROM 2023 UNIVERSAL REGISTRATION DOCUMENT HERMÈS INTERNATIONAL

417