L'Oréal - 2018 Registration Document
5 Parent company financial statements
NOTES TO THE PARENT COMPANY FINANCIAL STATEMENTS
NOTES TO THE PARENT COMPANY FINANCIAL 5.5. STATEMENTS
Accounting principles
Stock purchase or subscription options – Free NOTE 17 shares
NOTE 1
311
320
Sales
NOTE 2
314
Provisions for liabilities and charges NOTE 18
321
Other revenue
NOTE 3
314
Borrowings and debt NOTE 19
322
Average headcount
NOTE 4
314
Maturity of payables NOTE 20
323
Depreciation, amortisation and charges to
NOTE 5
provisions
Unrealised exchange gains and losses NOTE 21
315
323
Net financial income
Derivative financial instruments NOTE 22
NOTE 6
315
324
Exceptional items
Transactions and balances with related entities NOTE 23 and parties
NOTE 7
315
325
Income tax
NOTE 8
316
Off-balance sheet commitments NOTE 24
325
Increases or reductions in future tax liabilities
NOTE 9
316
Changes in working capital NOTE 25
326
Research costs NOTE 10
316
Changes in other financial assets NOTE 26 326 Cash and cash equivalents at the end of the year NOTE 27 326 Disclosures NOTE 28 326 Subsequent events NOTE 29 326 Table of subsidiaries and holdings NOTE 30 327
Intangible assets NOTE 11
317
Tangible assets NOTE 12
317
Non-current assets held under finance leases NOTE 13
318
Financial assets NOTE 14
318
Marketable securities NOTE 15
319
Maturity of receivables NOTE 16
319
Highlights of the financial year On 2 May 2018, L’Oréal announced the acquisition of 100% of Nanda Co. Ltd., the Korean lifestyle, make-up and fashion company founded by Kim So-Hee in Seoul in 2004. The acquisition was finalised on 20 June 2018 following regulatory clearance
At midnight on 30 June 2018, Gemey Maybelline Garnier transferred all its assets to L’Oréal, in consideration for taking on all its debt, with retroactive effect to 1 January 2018.
REGISTRATION DOCUMENT / L'ORÉAL 2018
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