| 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 recognised during the financial year | ||
|---|---|---|---|---|---|---|---|
| Gross | Net | ||||||
| L’Oréal Osterreich G.m.b.H. (Austria) | 2,915 | 895 | 100.00% | 3,818 | 3,818 | 4,461 | 5,234 |
| L’Oréal Pakistan | 3,356,376 | (4,515,510) | 100.00% | 23,734 | — | 287,682 | — |
| L’Oréal Panama SA | 200 | (3,068) | 100.00% | 168 | 168 | 34,588 | 23,487 |
| L’Oréal Peru SA (Peru) | 10,031 | 4,289 | 100.00% | 3,739 | 3,739 | 46,441 | 8,574 |
| L’Oréal Philippines Inc. | 160,384 | (107,700) | 99.53% | 39,107 | 5,117 | 38,611 | — |
| L’Oréal Polska Sp. Z.O.O. (Poland) | 1,887 | (2,416) | 100.00% | 707 | 707 | 318,196 | 61,761 |
| L’Oréal Portugal Unipessoal Lda | 495 | 547 | 100.00% | 6,459 | 6,459 | 6,070 | 7,991 |
| L’Oréal Romania SRL (Romania) | 2,693 | 6,106 | 100.00% | 974 | 974 | 144,360 | 21,041 |
| L’Oréal Saudi Arabia | 31,370 | 39,999 | 78.16% | 12,999 | 12,999 | 27,785 | 4,476 |
| L’Oréal Singapore Pte Ltd (Singapore) | 9,287,794 | (385,014) | 100.00% | 6,394,939 | 4,656,039 | (3,150,271) | (5,375) |
| L’Oréal Suisse SA | 492 | 13,338 | 100.00% | 160,311 | 145,311 | 10,313 | 210,157 |
| L’Oréal Sverige AB (Sweden) | 18,500 | 25,577 | 100.00% | 2,247 | 2,247 | 150,012 | 43,346 |
| L’Oréal Taiwan Co. Ltd (Taiwan Region) | 8,000 | 12,964 | 100.00% | 17,881 | 17,881 | 843,504 | 25,711 |
| L’Oréal Thailand Ltd | 200,000 | 29,753 | 100.00% | 5,238 | 5,238 | 1,247,566 | 19,916 |
| L’Oréal Turkiye Kozmetik Sanayi Ve Ticaret Anonim Sirketi | 1,393,552 | (620,623) | 100.00% | 55,093 | 14,243 | 1,340,916 | 15,510 |
| L’Oréal UAE General Trading LLC (United Arab Emirates) | 92,113 | 46,196 | 100.00% | 34,523 | 34,523 | 31,430 | 7,618 |
| L’Oréal UK Ltd (United Kingdom) | 101,533 | (66,561) | 100.00% | 145,573 | 145,573 | 185,168 | 194,650 |
| L’Oréal Ukraine | 27,067 | 1,499,738 | 100.00% | 2,990 | — | 750,223 | — |
| L’Oréal Uruguay SA | 16,294 | 123,904 | 100.00% | 2,718 | 2,718 | 187,633 | — |
| L’Oréal USA Inc.(2) | 730,562 | 4,119,169 | 100.00% | 4,851,879 | 4,851,879 | 1,263,530 | 1,170,388 |
| L’Oréal Vietnam Co. Ltd | 356,565 | (52,510) | 100.00% | 13,646 | 13,646 | 505,080 | 12,204 |
| Masrelor LLC (Egypt) | 144,277 | 15,606 | 100.00% | 17,573 | 17,573 | (13,961) | 1,338 |
| Nihon L’Oréal KK (Japan) | 100 | 16,867 | 100.00% | 351,504 | 351,504 | 4,552 | — |
| L’Oréal Travel Retail Americas Inc. (USA) | 51 | (381) | 100.00% | 100,317 | 100,317 | 29,710 | 24,439 |
| Procosa Productos de Beleza Ltda (Brazil) | 511,443 | 1,241 | 100.00% | 223,938 | 103,138 | 82,313 | 3,991 |
| P.T. L’Oréal Indonesia | 16,050 | 22,926 | 99.00% | 2,305 | 2,305 | 79,647 | 5,425 |
| P.T. Yasulor Indonesia | 822,754 | 403,310 | 99.99% | 110,022 | 79,022 | 52,416 | 2,493 |
| Scental Limited (Hong Kong SAR) | 50 | 1,714 | 100.00% | 8 | 8 | — | — |
| B. Main non-French investments (less than 50% interest) | |||||||
| LIPP Distribution (Tunisia) | 21,471 | 38,868 | 49.00% | 9,009 | 9,009 | 11,009 | 1,382 |
| L'Oréal South Africa Holdings (South Africa) | 688 | 188,332 | 36.00% | 9,590 | 9,590 | 118,124 | — |
| Galderma Group AG (Switzerland) | 2,055,606 | 10.00% | 1,798,506 | 1,798,506 | — | ||
(1) For non-French subsidiaries and investments, the capital, reserves and retained earnings have been translated into thousands of euros on the basis of year-end exchange rates, while profits and losses have been translated at average rate. It is specified that the list above is not exclusive.
(2) Data from the L’Oréal USA Inc. sub-consolidation group
