LOREAL_Registration_Document_2017

2017 Parent Company Financial Statements * OTHER INFORMATION RELATING TO THE FINANCIAL STATEMENTS OF L’ORÉAL PARENT COMPANY

OTHER INFORMATION RELATING TO THE FINANCIAL 5.6. STATEMENTS OF L’ORÉAL PARENT COMPANY

EXPENSES AND CHARGES FALLING UNDER ARTICLE 223 QUATER OF THE FRENCH 5.6.1. TAX CODE It is stipulated that the total amount of expenses and charges falling under Article 223 quater of the French Tax Code and the amount of tax applicable to such expenses and charges are as follows:

Expenses and charges Corresponding tax amount

€2.1 million €1.0 million

INVOICES ISSUED AND RECEIVED NOT PAID AT THE END OF THE FINANCIAL YEAR 5.6.2. AND IN ARREARS In accordance with the French law on the Modernisation of the Economy of 4 August 2008 and Articles L. 4416-1 and D. 441-4 of the French Commercial Code, invoices issued and received not paid at 31 December 2017 and in arrears break down as follows:

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APPENDIX 4-1 TO ARTICLE A. 441-2 Invoices received and issued not paid at the end of the financial year and in arrears (table foreseen in I of Article D. 441-4)

Article D441 I-1: invoices received not paid at the end of the financial year and in arrears

Article D441 I-2: invoices issued not paid at the end of the financial year and in arrears

91 days and more

Total (1 day and more)

Total (1 day and more)

0 days (indicative) 1 - 30 days

31 - 60 days

61 - 90 days

0 days (indicative) 1 - 30 days

31 - 60 days

61 - 90 days

91 days and more

In Euros

(A) Late payment tranches

Number of invoices concerned

91

1,289 7,092

27,559

Total amount of invoices concerned, including taxes 764,056 2,860,889 813,230 74,248 129,028 3,877,395 8,019,603 27,247,376 8,243,494 8,058,254 24,747,084 68,296,207 Percent of total amount of

purchases for the financial year, including taxes Percent of sales for the financial year, including taxes

0.03% 0.11% 0.03% 0.00% 0.00% 0.15%

0% 0.74% 0.23% 0.22% 0.68% 1.86%

(B) Invoices excluded from (A) because of disputed or unrecognised payables and receivables Number of invoices 1,900

705

Total amount of excluded invoices

5,667,105 1,660,266 (C) Benchmark payment terms used (contractual or statutory term, Article L.441 or L.443 of the French Commercial Code) Benchmark payment terms used to calculate late payments Statutory payment terms: 45 days from end of month

Statutory payment terms: 45 days from end of month

REGISTRATION DOCUMENT / L'ORÉAL 2017

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