Hermès - Registration Document 2016

CONSOLIDATED FINANCIAL STATEMENTS NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

ANALYSIS OF THE MAIN CHANGES IN THE SCOPE OF CONSOLIDATION

NOTE 2

No significant change in the scope of consolidation occurred during financial year 2016.

SEGMENT INFORMATION

NOTE 3

The information below is shown after consolidation adjustments and eliminations (see Note 1.14).

3.1 Statement of profit or loss by geographical area

2016

Europe (excl. France)

Asia-Pacific (excl. Japan)

France

Japan

Americas

Others

Holding

Total

In millions of euros

Revenue

719.2 241.0 33.5% 126.0 793.1

963.7 724.1 1,777.8 940.8

76.7

5,202.2 1,696.5

Operating income

253.2 251.0

743.7 297.4

14.1 (103.9)

Operating profitability by segment

26.3%

34.7%

41.8%

31.6%

18.4%

32.6% 262.1

Operating investments Non-current assets 1

32.3

7.1

47.2

39.4

-

10.1

187.7 171.3

275.1 228.0

32.9

35.5 1,723.7

(1) Non-current assets other than financial instruments and deferred tax assets.

2015

5

Europe (excl. France)

Asia-Pacific (excl. Japan)

France

Japan

Americas

Others

Holding

Total

In millions of euros

Revenue

683.8 226.0 33.1% 105.5 762.7

905.8 600.2 1,694.0 884.1

73.2

4,841.0 1,540.7

Operating income

238.3 203.7

667.6 278.9

14.8 (88.7)

Operating profitability by segment

26.3%

33.9%

39.4%

31.5%

20.2%

n/a

31.8% 252.4

Operating investments Non-current assets 1

33.0

9.3

25.8

66.6

-

12.2

188.5 170.0

276.6 215.6

32.4

44.2 1,689.9

(1) Non-current assets other than financial instruments and deferred tax assets.

3.2 Revenue by business line

The breakdown of revenue by business line is as follows:

2016

2015

In millions of euros

Leather Goods and Saddlery Ready-to-wear and Accessories

2,603.7 1,099.1

2,274.3 1,100.6

Silk and Textiles

515.3 336.0 261.9 157.9 228.3

521.2 331.9 241.4 163.2 208.5

Other Hermès business lines

Perfumes Watches

Other products

REVENUE

5,202.2

4,841.0

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