The share capital comprises 557,672,360 shares with a par value of €0.2 each following transactions carried out in 2021:
Changes in shareholders’ equity are as follows:
€ millions | Share capital | Additional paid-in capital |
1976 revaluation reserve |
Reserves and retained earnings | Net profit | Regulated provisions | Total |
---|---|---|---|---|---|---|---|
Balance at 31 December 2018 before appropriation of net profit | Balance at 31 December 2018 before appropriation of net profit Share capital 112.1 | Balance at 31 December 2018 before appropriation of net profit Additional paid-in capital3,070.3 | Balance at 31 December 2018 before appropriation of net profit
1976 revaluation reserve 42.5 |
Balance at 31 December 2018 before appropriation of net profit Reserves and retained earnings7,427.7 | Balance at 31 December 2018 before appropriation of net profit Net profit 3,594.9 | Balance at 31 December 2018 before appropriation of net profit Regulated provisions 64.4 | Balance at 31 December 2018 before appropriation of net profit Total 14,311.9 |
Capital increase | Capital increase Share capital0.3 |
Capital increase Additional paid-in capital59.9 |
Capital increase 1976 revaluation reserve
|
Capital increase Reserves and retained earnings
|
Capital increase Net profit
|
Capital increase Regulated provisions
|
Capital increase Total 60.2 |
Cancellation of shares | Cancellation of shares Share capital-0.8 |
Cancellation of shares Additional paid-in capital
|
Cancellation of shares 1976 revaluation reserve
|
Cancellation of shares Reserves and retained earnings-801.2 |
Cancellation of shares Net profit
|
Cancellation of shares Regulated provisions
|
Cancellation of shares Total -802.0 |
Appropriation of 2018 net profit | Appropriation of 2018 net profit Share capital
|
Appropriation of 2018 net profit Additional paid-in capital
|
Appropriation of 2018 net profit 1976 revaluation reserve
|
Appropriation of 2018 net profit Reserves and retained earnings1,418.2 |
Appropriation of 2018 net profit Net profit-1,418.2 |
Appropriation of 2018 net profit Regulated provisions
|
Appropriation of 2018 net profit Total 0.0 |
Dividends paid for 2018 | Dividends paid for 2018 Share capital
|
Dividends paid for 2018 Additional paid-in capital
|
Dividends paid for 2018 1976 revaluation reserve
|
Dividends paid for 2018 Reserves and retained earnings
|
Dividends paid for 2018 Net profit-2,176.7 |
Dividends paid for 2018 Regulated provisions
|
Dividends paid for 2018 Total -2,176.7 |
2019 net profit | 2019 net profit Share capital
|
2019 net profit Additional paid-in capital
|
2019 net profit 1976 revaluation reserve
|
2019 net profit Reserves and retained earnings
|
2019 net profit Net profit4,105.8 |
2019 net profit Regulated provisions
|
2019 net profit Total 4,105.8 |
Other movements during the period | Other movements during the period Share capital
|
Other movements during the period Additional paid-in capital
|
Other movements during the period 1976 revaluation reserve
|
Other movements during the period Reserves and retained earnings-0.1 |
Other movements during the period Net profit
|
Other movements during the period Regulated provisions-14.6 |
Other movements during the period Total -14.7 |
Balance at 31 December 2019 before appropriation of net profit | Balance at 31 December 2019 before appropriation of net profitShare capital111.6 | Balance at 31 December 2019 before appropriation of net profitAdditional paid-in capital3,130.2 | Balance at 31 December 2019 before appropriation of net profit
1976 revaluation reserve 42.5 |
Balance at 31 December 2019 before appropriation of net profitReserves and retained earnings8,044.6 | Balance at 31 December 2019 before appropriation of net profitNet profit4,105.8 | Balance at 31 December 2019 before appropriation of net profitRegulated provisions49.8 | Balance at 31 December 2019 before appropriation of net profit Total 15,484.5 |
Capital increase | Capital increase Share capital0.4 |
Capital increase Additional paid-in capital129.6 |
Capital increase 1976 revaluation reserve
|
Capital increase Reserves and retained earnings
|
Capital increase Net profit
|
Capital increase Regulated provisions
|
Capital increase Total 130.0 |
Cancellation of shares | Cancellation of shares Share capital
|
Cancellation of shares Additional paid-in capital
|
Cancellation of shares 1976 revaluation reserve
|
Cancellation of shares Reserves and retained earnings
|
Cancellation of shares Net profit
|
Cancellation of shares Regulated provisions
|
Cancellation of shares Total
|
Appropriation of 2019 net profit | Appropriation of 2019 net profit Share capital
|
Appropriation of 2019 net profit Additional paid-in capital
|
Appropriation of 2019 net profit 1976 revaluation reserve
|
Appropriation of 2019 net profit Reserves and retained earnings1,933.2 |
Appropriation of 2019 net profit Net profit-1,933.2 |
Appropriation of 2019 net profit Regulated provisions
|
Appropriation of 2019 net profit Total 0.0 |
Dividends paid for 2019 | Dividends paid for 2019 Share capital
|
Dividends paid for 2019 Additional paid-in capital
|
Dividends paid for 2019 1976 revaluation reserve
|
Dividends paid for 2019 Reserves and retained earnings
|
Dividends paid for 2019 Net profit-2,172.6 |
Dividends paid for 2019 Regulated provisions
|
Dividends paid for 2019 Total -2,172.6 |
2020 net profit | 2020 net profit Share capital
|
2020 net profit Additional paid-in capital
|
2020 net profit 1976 revaluation reserve
|
2020 net profit Reserves and retained earnings
|
2020 net profit Net profit4,158.8 |
2020 net profit Regulated provisions
|
2020 net profit Total 4,158.8 |
Other movements during the period | Other movements during the period Share capital
|
Other movements during the period Additional paid-in capital
|
Other movements during the period 1976 revaluation reserve
|
Other movements during the period Reserves and retained earnings-0.2 |
Other movements during the period Net profit
|
Other movements during the period Regulated provisions-13.6 |
Other movements during the period Total -13.8 |
Balance at 31 December 2020 before appropriation of net profit | Balance at 31 December 2020 before appropriation of net profitShare capital112.0 | Balance at 31 December 2020 before appropriation of net profitAdditional paid-in capital3,259.8 | Balance at 31 December 2020 before appropriation of net profit
1976 revaluation reserve 42.5 |
Balance at 31 December 2020 before appropriation of net profitReserves and retained earnings9,977.6 | Balance at 31 December 2020 before appropriation of net profitNet profit4,158.8 | Balance at 31 December 2020 before appropriation of net profitRegulated provisions36.2 | Balance at 31 December 2020 before appropriation of net profit Total 17,586.8 |
Capital increase | Capital increase Share capital0.1 |
Capital increase Additional paid-in capital5.8 |
Capital increase 1976 revaluation reserve
|
Capital increase Reserves and retained earnings
|
Capital increase Net profit
|
Capital increase Regulated provisions
|
Capital increase Total 5.9 |
Cancellation of shares | Cancellation of shares Share capital-0.6 |
Cancellation of shares Additional paid-in capital
|
Cancellation of shares 1976 revaluation reserve
|
Cancellation of shares Reserves and retained earnings-1,101.3 |
Cancellation of shares Net profit
|
Cancellation of shares Regulated provisions
|
Cancellation of shares Total -1,101.9 |
Appropriation of 2020 net profit | Appropriation of 2020 net profit Share capital
|
Appropriation of 2020 net profit Additional paid-in capital
|
Appropriation of 2020 net profit 1976 revaluation reserve
|
Appropriation of 2020 net profit Reserves and retained earnings1,894.4 |
Appropriation of 2020 net profit Net profit-1,894.4 |
Appropriation of 2020 net profit Regulated provisions
|
Appropriation of 2020 net profit Total 0.0 |
Dividends paid for 2020 | Dividends paid for 2020 Share capital
|
Dividends paid for 2020 Additional paid-in capital
|
Dividends paid for 2020 1976 revaluation reserve
|
Dividends paid for 2020 Reserves and retained earnings
|
Dividends paid for 2020 Net profit-2,264.4 |
Dividends paid for 2020 Regulated provisions
|
Dividends paid for 2020 Total -2,264.4 |
2021 net profit | 2021 net profit Share capital
|
2021 net profit Additional paid-in capital
|
2021 net profit 1976 revaluation reserve
|
2021 net profit Reserves and retained earnings
|
2021 net profit Net profit3,860.5 |
2021 net profit Regulated provisions
|
2021 net profit Total 3,860.5 |
Other movements during the period | Other movements during the period Share capital
|
Other movements during the period Additional paid-in capital
|
Other movements during the period 1976 revaluation reserve
|
Other movements during the period Reserves and retained earnings-0.1 |
Other movements during the period Net profit
|
Other movements during the period Regulated provisions-6.3 |
Other movements during the period Total -6.4 |
BALANCE AT 31 DECEMBER 2021 BEFORE APPROPRIATION OF NET PROFIT | BALANCE AT 31 DECEMBER 2021BEFORE APPROPRIATION OF NET PROFIT Share capital111.5 |
BALANCE AT 31 DECEMBER 2021BEFORE APPROPRIATION OF NET PROFIT Additional paid-in capital3,265.6 |
BALANCE AT 31 DECEMBER 2021BEFORE APPROPRIATION OF NET PROFIT 1976 revaluation reserve 42.5 |
BALANCE AT 31 DECEMBER 2021BEFORE APPROPRIATION OF NET PROFIT Reserves and retained earnings10,770.6 |
BALANCE AT 31 DECEMBER 2021BEFORE APPROPRIATION OF NET PROFIT Net profit3,860.5 |
BALANCE AT 31 DECEMBER 2021BEFORE APPROPRIATION OF NET PROFIT Regulated provisions29.9 |
BALANCE AT 31 DECEMBER 2021BEFORE APPROPRIATION OF NET PROFIT Total 18,080.6 |
The amount added to reserves for unpaid dividends on some treasury shares held by L’Oréal as well as movements between 1 January and the dividend payment date, on maturing free share plans, stock option exercises and the final number of shares carrying preferential dividend rights, stood at
Regulated provisions mainly consisted of accelerated tax-driven depreciation, which amounted to €29.9 million at31 December 2021, compared with €36.2 million at 31 December 2020 and €49.8 million at 31 December 2019.
Details of option plans and free share plans are provided in note 17.