LOREAL_Registration_Document_2017

2017 Parent Company Financial Statements * NOTES TO THE PARENT COMPANY FINANCIAL STATEMENTS

Intangible assets NOTE 11

Acquisitions/ Amortisation

Disposals/ Reversals

Other movements (2)

31.12.2017

31.12.2015 31.12.2016

€ millions

Patents and trademarks Business goodwill (1)

512.6 806.2 291.6

556.4 891.4 347.7 186.5

58.7

-

19.5 55.1 25.9

634.6

549.9

-0.2 -3.5

1,496.2

Software

20.2

390.3 186.5 124.0

Other intangible assets

70.0 73.8

-

-

-

Intangible assets in progress

90.1

101.8 730.6

-32.7 -36.4

-35.2 65.3

Gross value

1,754.2

2,072.1

2,831.6

Patents and trademarks

91.5

103.1

10.8

-

4.5 0.1 1.9

118.4

Business goodwill

0.3

0.3

0.5

-0.3 -3.5

0.6

Software

218.3

241.4

37.9

277.7

Other intangible assets

48.8

52.4

3.6

-

-

56.0

Amortisation

358.9

397.2

52.8

-3.8

6.5

452.7

Patents and trademarks Business goodwill (3) Other intangible assets

51.4 41.6

51.4 84.6

- -

- - -

- - - -

51.4 84.6

3.5

3.5

4.9 4.9

8.4

Impairment NET VALUE

96.5

139.5

-

144.4

1,298.8

1,535.4

672.9

-32.6

58.8

2,234.5

In 2017, the increase in business goodwill relates to the acquisition of CeraVe. (1) In 2016, the increase in business goodwill relates to the acquisition of IT Cosmetics. Most of the other movements stem from the merger with LaScad and from asset reclassification. (2) In 2016, the increase in business goodwill impairment relates to the acquisition of Clarisonic. (3)

5

Tangible assets NOTE 12

Disposals/ Reversals

Other movements

Acquisitions/ Depreciation

31.12.2017

31.12.2015 31.12.2016

€ millions

Land

78.6

77.4

0.2

-1.2

0.1

76.5

Buildings

624.8 182.0 157.4

619.6 186.7 188.0

11.8 12.8 10.8 42.4

-18.6

14.8

627.6 192.8 201.1

Industrial machinery and equipment

-7.9

1.2

Other tangible assets

-11.1

13.4 -19.7 -10.0

Tangible assets in progress Advances and prepayments

45.0

25.4 10.7

-

48.1

0.4

-

-

0.7

Gross value

1,088.2

1,107.8

78.0

-38.8

-0.2

1,146.8

Land

0.5

0.7

0.2

-

- -

0.9

Buildings

388.7 142.6 100.5 632.3

383.1 147.1

21.2

-18.6

385.7 148.6 111.6 646.8

Industrial machinery and equipment

9.2

-7.8

0.1 0.7 0.8

Other tangible assets

99.3

22.1 52.7

-10.5 -36.9

Amortisation

630.2

Industrial machinery and equipment

0.3 0.3

0.3 0.3

1.8 1.8

- -

-

2.1 2.1

Impairment

-

NET BOOK VALUE

455.6

477.3

23.5

-1.9

-1.0

497.9

Depreciation and amortisation recognised in 2017 against tangible and intangible assets included: €101.7 million on a straight-line basis; s €1.8 million on a declining-balance basis; s €2.1 million relating to exceptional depreciation and amortisation. s

REGISTRATION DOCUMENT / L'ORÉAL 2017

297