LOREAL_Registration_Document_2017

4 2017 Consolidated Financial Statements* NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

3.1.2.2. Breakdown of operating profit of Operational Divisions by geographic zone

2017

2016 (1) (2) 1,831.5 1,392.3 1,936.2 5,160.0

2015 (1) (2) 1,800.5 1,256.8 1,919.2 4,976.4

€ millions

Western Europe North America

1,860.4 1,411.3 2,143.6 5,415.4

New Markets

OPERATIONAL DIVISIONS TOTAL

Non-allocated

-739.1

-653.9

-643.6

GROUP

4,676.3

4,506.1

4,332.9

Operating profit for 2016 and 2015 is presented in order to reflect the impact of discontinued operations (see note 2.3.). (1) As of 1 July 2016, the Asian Travel Retail business of the Consumer Products Division, previously recorded under the Western Europe Zone, was transferred to the Asia, (2) Pacific Zone. All figures for earlier periods have been restated to allow for this change.

3.1.2.3. Breakdown of operational assets and consolidated investments by geographic zone

2017

2016

2015

Investments in property, plant and equipment and intangible assets

Investments in property, plant and equipment and intangible assets

Investments in property, plant and equipment and intangible assets

Operational assets

Operational assets

Operational assets

€ millions

Western Europe North America New Markets Non-allocated

8,600.9 6,929.2 5,279.3

371.7 346.9 378.0 159.2

7,867.3 7,017.2 5,596.7

378.2 399.0 400.3 177.5

7,368.5 5,913.3 5,345.0

323.8 308.9 389.6 119.6

827.3

834.2

759.3

GROUP

21,636.7

1,255.7 21,315.5

1,355.0 19,386.2

1,141.8

The Body Shop assets

-

24.1

1,244.4 22,559.9

51.5

1,381.4 20,767.6

40.0

GROUP (INCLUDING THE BODY SHOP)

21,636.7

1,279.8

1,406.6

1,181.9

Depreciation and amortisation expense and Property, plant and equipment 3.2. Depreciation and amortisation expense 3.2.1. Depreciation and amortisation of property, plant and equipment and intangible assets included in operating expenses amounted to €1,169.4 million (€1,147.6 million excluding The Body Shop), €1,028.4 million (€985.3 million excluding The Body Shop) and €963.0 million (€921.4 million excluding The Body Shop) respectively, for 2017, 2016 and 2015.

Property, plant and equipment 3.2.2.

€ millions 2017

Acquisitions/ Depreciation

Disposals/ Reversals

Translation difference

Other movements (1) 31.12.2017

31.12.2016

Land and buildings

2,254.7 3,423.3 2,073.3 1,789.5 9,540.8 1,163.4 2,328.5 1,412.8

69.5

-33.4 -90.3

-91.0

-38.1 81.4

2,161.7 3,439.2 1,981.6

Machinery and equipment

185.1 424.8

-160.4 -148.6

Point-of-sales advertising: stands and displays

-245.5

-122.4

Other property, plant and equipment and fixed assets in progress

384.7

-103.2 -472.4

-123.7 -523.7

-239.1

1,708.1

Gross value

1,064.1

-318.2 9,290.7

Land and buildings

77.2

-32.1 -88.2

-37.5

-71.2

1,099.9 2,402.2 1,369.9

Machinery and equipment

268.7 409.4 164.8 920.1 144.0

-102.4

-4.5

Point-of-sales advertising: stands and displays

-245.0 -102.3 -467.6

-97.7 -61.5

-109.5

Other property, plant and equipment

879.2

-32.6

847.6

Depreciation and provisions

5,783.9 3,756.9

-299.1 -224.6

-217.8

5,719.6

Property, plant and equipment – Net

-4.8

-100.4 3,571.1

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

REGISTRATION DOCUMENT / L'ORÉAL 2017

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