This caption mainly comprises long-term investments with the Group's cash pool.
Cash and cash equivalents can be broken down as follows:
€ millions | 31.12.2024 | 31.12.2023 | 31.12.2022 |
---|---|---|---|
Cash and cash equivalents |
Cash and cash equivalents 31.12.2024 290.7 |
Cash and cash equivalents 31.12.2023 337.7 |
Cash and cash equivalents 31.12.2022 616.2 |
Accrued interest receivable |
Accrued interest receivable 31.12.2024
|
Accrued interest receivable 31.12.2023 9.4 |
Accrued interest receivable 31.12.2022 1.8 |
Accrued interest payable |
Accrued interest payable 31.12.2024
|
Accrued interest payable 31.12.2023 — |
Accrued interest payable 31.12.2022 — |
NET CASH AND CASH EQUIVALENTS |
NET CASH AND CASH EQUIVALENTS 31.12.2024 290.7 |
NET CASH AND CASH EQUIVALENTS 31.12.2023 347.1 |
NET CASH AND CASH EQUIVALENTS 31.12.2022 618.0 |
Statutory audit fees are presented in note 16 to the consolidated financial statements.
Signing of an agreement for the sale of 2.3% of Sanofi shares
The L'Oréal Groupe announced on 3 February 2025 the signing of an agreement for the sale of approximately 29.6 million Sanofi shares to Sanofi at a price of €101.5 per share, i.e., a total consideration of €3 billion. Following completion of the transaction and cancellation of the shares bought back, L'Oréal will hold 7.2% of Sanofi's share capital and 13.1% of the voting rights(1).
The transaction, which will be carried out through an off-market block trade, is not subject to any condition precedent and should be finalized in the coming days.
DETAILED INFORMATION
Share capital | Reserves and retained earnings before appropriation of net profit | % interest | Carrying amount of shares held | Profit or loss in last financial year | Dividends(1) booked during the financial year | ||
---|---|---|---|---|---|---|---|
Gross | Net | ||||||
A. Main French subsidiaries (more than 50% interest) | |||||||
Azzaro Mugler Beauté France | 78,723 | 945 | 100.00% | 78,723 | 78,723 | 1,128 | 906 |
Beauté, Recherche & Industries | 1,069 | 15,059 | 100.00% | 9,495 | 9,495 | 9,298 | 3,802 |
Cosmétique Active International | 19 | 13,947 | 88.97% | 15,100 | 15,100 | 149,596 | 112,553 |
Cosmétique Active Production | 186 | 24,834 | 80.13% | 5,081 | 5,081 | 19,478 | 11,021 |
EpiSkin | 13,609 | 13,060 | 99.92% | 17,999 | 17,999 | (169) | — |
Fapagau & Cie | 15 | 6,201 | 79.00% | 12 | 12 | 20,653 | 11,009 |
Faproreal | 11,944 | 5,430 | 100.00% | 11,953 | 11,953 | 5,823 | 6,382 |
Finval | 19,516 | 142,683 | 100.00% | 75,677 | 75,677 | 74,410 | 40,258 |
Gemey Paris – Maybelline New York | 35 | 8,532 | 99.96% | 46 | 46 | 5,102 | 5,581 |
Holdial | 1 | 1 | 98.00% | 1 | 1 | 1,192 | 1,225 |