LOREAL_Registration_Document_2017

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

Marketable securities NOTE 15

This item breaks down as follows:

31.12.2017

31.12.2016

31.12.2015

€ millions

L’Oréal shares

56.5 38.8 95.3

133.6

233.3 100.6 333.9 -99.1

Financial instruments/Premiums paid on options

35.4

Gross value

169.0 -44.3

L’Oréal shares

- - -

Financial instruments/Premiums paid on options

-

-

Impairment

-44.3 124.7

-99.1 234.8

NET BOOK VALUE

95.3

L’Oréal shares of Treasury stock acquired in connection with employee free share plans had a net value of €89.3 million at 31 December 2016 against €134.2 million at 31 December 2015. In 2017, the Group attributed 986,220 free shares. Stock purchase options expiring in 2017 represent a total of 771,125 shares, for a gross value (equal to the net value) of €56.5 million. In 2017, the total market value of Treasury stock amounted to €144.7 million based on the average share price in December

and to €142.6 million based on the closing share price on 31 December. In 2016, the total market value of Treasury stock amounted to €294.2 million based on the average share price in December and to €304.7 million based on the closing share price on 31 December. In 2015, the total market value of Treasury stock amounted to €474.2 million based on the average share price in December and to €465.1 million based on the closing share price on 31 December.

5

Maturity of receivables NOTE 16

Less than 1 year

More than 1 year

Gross Impairment

Net

€ millions

Loans and other receivables

58.1 48.1

5.9

64.0 48.1

-0.6

63.4 48.1

Other financial assets

- - - - - -

-

Trade accounts receivable Other current assets, of which

568.9 454.3 351.8 102.5

568.9 454.3 351.8 102.5

-1.3 -1.8

567.6 452.5 351.8 100.7

Tax and employee-related receivables (1)

-

Other receivables Prepaid expenses

-1.8

58.3 58.3 Including a corporate income tax receivable in the amount of €90.2 million and a fine of €189.5 million paid to the French competition authority on 28 April 2015. (1) 58.3 -

Accrual accounts included in receivables amount are as follow:

31.12.2017

31.12.2016

31.12.2015

€ millions

Trade accounts receivable

2.1

41.9 23.8 65.7

89.9 22.6

Other receivables

47.8 49.9

Total

112.5

REGISTRATION DOCUMENT / L'ORÉAL 2017

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