L'Oréal - 2018 Registration Document

4 2018 Consolidated Financial Statements NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

Change in the scope of consolidation (2)

€ millions 2018

Acquisitions/ Depreciation

Disposals/ Reversals

Other movements (1)

31.12.2018

31.12.2017

Brands with indefinite useful life (3) Amortisable brands and product ranges

1,761.0

- -

-

93.8

51.6 -0.2

1,906.4

111.0 308.3

-9.6

-

101.3 579.9

Licences and patents

265.0

-

5.6 1.3

1.0

Software

1,172.0

89.7

-24.2

142.1

1,380.8

Customer relationships

542.6

-

-

41.9

20.5 -0.2

605.0

Key money

53.0

23.1

-1.8 -0.3

-

74.2

Others

198.5

126.2 504.0

0.4

-127.1

197.6

Gross value

4,146.4

-35.9

142.9

87.7

4,845.1

Brands with indefinite useful life Amortisable brands and product ranges

154.8

-

-

- -

1.3

156.1

78.2

3.9

-9.6

-0.3

72.3

Licences and patents

149.0 816.6 349.6

12.4

-

1.4 1.0

0.9

163.7 936.5 404.2

Software

128.6

-24.5

14.7 13.8

Customer relationships

40.8

-

- -

Key money

8.6

7.3 1.8

-1.8 -0.1

0.0

14.1 10.8

Others

10.4

0.1 2.6

-1.4

Amortisation and provisions Other intangible assets – net

1,567.4 2,579.1

194.8 309.1

-35.9

28.9 58.8

1,757.8 3,087.3

0.0

140.3

Other movements mainly consisted of the positive change in exchange rates over the period for €60.9 million. (1) This mainly relates to changes in the scope of consolidation: Stylenanda, Pulp Riot and Logocos. (2) At end-2018, the gross value of brands with an indefinite useful life span break down as follows: (3)

1,906.4

558.5

309.7

210.1 179.5 137.0 126.3 109.1 99.1

95.8

81.4

TOTAL

IT Cosmetics CeraVe Kiehl’s Magic

Matrix

Clarisonic

Décléor and Carita

Others

Shu Uemura

NYX Professional Make up

Accumulated impairment losses amounted to €14.0 million on Biomedic, €42.4 million on Yue-Sai, €53.9 million on Softsheen-Carson and €45.9 million on Magic at 31 December 2018.

REGISTRATION DOCUMENT / L'ORÉAL 2018

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