L'Oréal - 2018 Registration Document

2018 Consolidated Financial Statements NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

Depreciation and amortisation expense and Property, plant and equipment 3.2. Depreciation and amortisation expenses 3.2.1. Depreciation and amortisation of property, plant and equipment and intangible assets included in operating expenses amounted to €1,095.3 million, €1,169.4 million (€1,147.6 million excluding The Body Shop) and €1,028.4 million (€985.3 million excluding The Body Shop) respectively, for 2018, 2017 and 2016.

Property, plant and equipment 3.2.2.

€ millions 2018

Acquisitions/ Depreciation

Disposals/ Reversals

Translation difference

Other movements (1) 31.12.2018

31.12.2017

Land and buildings

2,161.7 3,439.2 1,981.6 1,708.1 9,290.7 1,099.9 2,402.2 1,369.9

43.9

-19.7 -77.8

-5.6

78.7 76.8 37.2

2,259.2 3,585.1 2,147.8 1,922.1 9,914.3 1,169.9 2,585.7 1,559.4

Machinery and equipment

142.0 345.5

4.9

Point-of-sales advertising: stands and displays Other property, plant and equipment and fixed assets in progress

-233.9

17.4

369.4 900.8

-60.9

14.4 31.2

-108.9

Gross value

-392.2

83.9 11.5

Land and buildings

76.2

-19.7 -78.2

2.1 8.6

4

Machinery and equipment

252.3 410.9 161.3 900.6

0.8

Point-of-sales advertising: stands and displays

-231.3

11.6

-1.7 16.8 27.4 56.5

Other property, plant and equipment

847.6

-60.6

9.6

974.7

Amortisation and provisions

5,719.6 3,571.1

-389.8

31.9 -0.7

6,289.7 3,624.6

PROPERTY, PLANT AND EQUIPMENT – NET

0.1

-2.4

These mainly include the impact of changes in the scope of consolidation and fixed assets in progress allocated to other fixed assets. (1)

Change in gross fixed assets (€ millions)

901

- 392

9,914

84

31

9,291

2018

2017

Acquisitions

Disposals

Translation difference Other movements

Change in depreciation, amortisation and provisions (€ millions)

901

- 390

6,290

32

27

5,720

2018

2017

Depreciation

Reversals

Translation difference Other movements

Net property, plant and equipment (€ millions)

3,625

3,571

56

0

- 2

- 1

2017

Acquisitions/ Depreciation

Disposals/ Reversals

Translation difference

Other movements

2018

REGISTRATION DOCUMENT / L'ORÉAL 2018

253