Hermès - Registration Document 2016

4

COMMENTS ON THE FINANCIAL YEAR AND OUTLOOK

SUMMARY CONSOLIDATED FINANCIAL STATEMENTS 150 Summary consolidated statement of profit or loss Summary consolidated statement of financial position as at 31 december 2016 150 150

4.1

4.1.1

4.1.2

Summary consolidated statement of cash flows

4.1.3

151

COMMENTS ON THE CONSOLIDATED RESULTS

4.2

152

Consolidated results

4.2.1

152

Investments

4.2.2

152

Financial position

4.2.3

152

Value creation

4.2.4

153

Exceptional events

4.2.5

153

INFORMATION ON THE PARENT COMPANY FINANCIAL STATEMENTS, ON ACCOUNTS PAYABLE DUE DATES, SUBSIDIARIES AND ASSOCIATES Information on parent company financial statements

4.3

154

4.3.1

154

Information on accounts payable due dates Information on subsidiaries and associates

4.3.2

154

4.3.3

154

Information on branches

4.3.4

155

Information on the amount of inter-company loans

4.3.5

155

OUTLOOK

4.4

156

2016 REGISTRATION DOCUMENT HERMÈS INTERNATIONAL

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