2024 universal registration document

6. 2024 parent company financial statements

Note 25 Changes in other financial assets

This caption mainly comprises long-term investments with the Group's cash pool.

Note 26 Net cash and cash equivalents

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

Note 27 Other information

Statutory audit fees are presented in note 16 to the consolidated financial statements.

Note 28 Subsequent events

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.

Note 29 Table of subsidiaries and equity investments

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