The individual financial statements set out in this chapter are those of the L’Oréal parent company. They show the financial situation of the parent company. Unlike the consolidated financial statements, they do not include the results of the Group’s subsidiaries.
The information regarding the parent company financial statements that was previously included in the Management Report of the Board of Directors is now included in this chapter. The pages concerned are the table showing the main changes and threshold crossings regarding equity investments, the five-year financial summary and the amount of expenses and charges provided for in Article 223 quater of the French Tax Code, and the table showing past due invoices issued and received and not paid at the closing date, provided for by Articles L. 441-14 and D. 441-6 of the French Commercial Code. The Statutory Auditor’s Report on the parent company financial statements rounds out this information.
| € millions | Notes | 31.12.2024 | 31.12.2023 | 31.12.2022 |
|---|---|---|---|---|
| Operating revenue | Operating revenue Notes
|
Operating revenue 31.12.20245,794.6 |
Operating revenue 31.12.20236,909.6 |
Operating revenue 31.12.20227,164.5 |
| Sales | Sales Notes2 |
Sales 31.12.20244,863.4 |
Sales 31.12.20235,982.7 |
Sales 31.12.20226,282.0 |
| Reversals of provisions and transfers of charges | Reversals of provisions and transfers of charges Notes
|
Reversals of provisions and transfers of charges 31.12.2024175.8 |
Reversals of provisions and transfers of charges 31.12.2023169.9 |
Reversals of provisions and transfers of charges 31.12.2022168.4 |
| Other revenue | Other revenue Notes3 |
Other revenue 31.12.2024755.4 |
Other revenue 31.12.2023757.0 |
Other revenue 31.12.2022714.1 |
| Operating expenses | Operating expenses Notes
|
Operating expenses 31.12.2024(4,934.7) |
Operating expenses 31.12.2023(5,917.1) |
Operating expenses 31.12.2022(6,290.3) |
| Purchases and change in inventories | Purchases and change in inventories Notes
|
Purchases and change in inventories 31.12.2024(2.3) |
Purchases and change in inventories 31.12.2023(478.9) |
Purchases and change in inventories 31.12.2022(792.8) |
| Other purchases and external charges | Other purchases and external charges Notes
|
Other purchases and external charges 31.12.2024(3,084.0) |
Other purchases and external charges 31.12.2023(3,296.1) |
Other purchases and external charges 31.12.2022(3,309.4) |
| Taxes and similar payments | Taxes and similar payments Notes
|
Taxes and similar payments 31.12.2024(125.7) |
Taxes and similar payments 31.12.2023(120.6) |
Taxes and similar payments 31.12.2022(129.7) |
| Personnel costs | Personnel costs Notes
|
Personnel costs 31.12.2024(1,154.9) |
Personnel costs 31.12.2023(1,307.6) |
Personnel costs 31.12.2022(1,376.3) |
| Depreciation, amortisation and charges to provisions | Depreciation, amortisation and charges to provisions Notes5 |
Depreciation, amortisation and charges to provisions 31.12.2024(236.9) |
Depreciation, amortisation and charges to provisions 31.12.2023(381.3) |
Depreciation, amortisation and charges to provisions 31.12.2022(314.2) |
| Other charges | Other charges Notes
|
Other charges 31.12.2024(331.0) |
Other charges 31.12.2023(332.6) |
Other charges 31.12.2022(367.9) |
| Operating profit | Operating profit Notes
|
Operating profit 31.12.2024859.9 |
Operating profit 31.12.2023992.5 |
Operating profit 31.12.2022874.2 |
| Net financial revenue | Net financial revenue Notes6 |
Net financial revenue 31.12.20244,990.4 |
Net financial revenue 31.12.20235,124.1 |
Net financial revenue 31.12.202211,711.7 |
| Net charges/reversals of provisions and transfers of charges | Net charges/reversals of provisions and transfers of charges Notes6 |
Net charges/reversals of provisions and transfers of charges 31.12.202422.1 |
Net charges/reversals of provisions and transfers of charges 31.12.2023(2,010.5) |
Net charges/reversals of provisions and transfers of charges 31.12.2022108.1 |
| Exchange gains and losses | Exchange gains and losses Notes
|
Exchange gains and losses 31.12.202424.7 |
Exchange gains and losses 31.12.202335.8 |
Exchange gains and losses 31.12.2022(316.1) |
| Net financial income | Net financial income Notes
|
Net financial income 31.12.20245,037.2 |
Net financial income 31.12.20233,149.4 |
Net financial income 31.12.202211,503.7 |
| Profit before tax and exceptional items | Profit before tax and exceptional items Notes
|
Profit before tax and exceptional items 31.12.20245,897.1 |
Profit before tax and exceptional items 31.12.20234,141.9 |
Profit before tax and exceptional items 31.12.202212,377.9 |
| Exceptional items | Exceptional items Notes7 |
Exceptional items 31.12.2024(61.5) |
Exceptional items 31.12.2023(113.8) |
Exceptional items 31.12.2022246.6 |
| Employee profit-sharing | Employee profit-sharing Notes
|
Employee profit-sharing 31.12.2024(42.5) |
Employee profit-sharing 31.12.2023(37.7) |
Employee profit-sharing 31.12.2022(31.0) |
| Income tax | Income tax Notes8 |
Income tax 31.12.2024(115.2) |
Income tax 31.12.2023(164.1) |
Income tax 31.12.2022(250.4) |
| NET PROFIT | NET PROFIT Notes
|
NET PROFIT 31.12.20245,678.0 |
NET PROFIT 31.12.20233,826.3 |
NET PROFIT 31.12.202212,343.1 |
