| € millions | Notes | 31.12.2021 | 31.12.2020 | 31.12.2019 |
|---|---|---|---|---|
| Operating activities | Operating activitiesNotes
|
Operating activities31.12.2021
|
Operating activities31.12.2020
|
Operating activities31.12.2019
|
| Net profit | Net profitNotes
|
Net profit31.12.20213,860.5 | Net profit31.12.20204,158.8 | Net profit31.12.20194,105.8 |
| Depreciation and amortisation | Depreciation and amortisation Notes11-12 |
Depreciation and amortisation 31.12.2021162.7 |
Depreciation and amortisation 31.12.2020145.4 |
Depreciation and amortisation 31.12.2019121.0 |
| Charges to provisions (net of reversals) | Charges to provisions (net of reversals) Notes
|
Charges to provisions (net of reversals) 31.12.2021121.8 |
Charges to provisions (net of reversals) 31.12.2020216.4 |
Charges to provisions (net of reversals) 31.12.2019304.4 |
| Gains and losses on disposals of non-current assets | Gains and losses on disposals of non-current assets Notes
|
Gains and losses on disposals of non-current assets 31.12.202157.9 |
Gains and losses on disposals of non-current assets 31.12.202078.4 |
Gains and losses on disposals of non-current assets 31.12.2019-1.3 |
| Other non-cash transactions(1) | Other non-cash transactions (1)Notes
|
Other non-cash transactions (1)31.12.20213.6 |
Other non-cash transactions (1)31.12.2020-1.5 |
Other non-cash transactions (1)31.12.2019-136.4 |
| Gross cash flow | Gross cash flowNotes
|
Gross cash flow31.12.20214,206.5 | Gross cash flow31.12.20204,597.5 | Gross cash flow31.12.20194,393.5 |
| Changes in working capital | Changes in working capital Notes25 |
Changes in working capital 31.12.202145.0 |
Changes in working capital 31.12.2020185.0 |
Changes in working capital 31.12.2019-231.0 |
| Net cash provided by operating activities | Net cash provided by operating activitiesNotes
|
Net cash provided by operating activities31.12.20214,251.5 | Net cash provided by operating activities31.12.20204,782.5 | Net cash provided by operating activities31.12.20194,162.5 |
| Investing activities | Investing activitiesNotes
|
Investing activities31.12.2021
|
Investing activities31.12.2020
|
Investing activities31.12.2019
|
| Investments in non-current assets | Investments in non-current assets Notes11/12/2014 |
Investments in non-current assets 31.12.2021-10,594.5 |
Investments in non-current assets 31.12.2020-1,605.3 |
Investments in non-current assets 31.12.2019-1,234.3 |
| Changes in other financial assets | Changes in other financial assets Notes26 |
Changes in other financial assets 31.12.2021171.8 |
Changes in other financial assets 31.12.2020-58.7 |
Changes in other financial assets 31.12.201930.9 |
| Disposals of non-current assets | Disposals of non-current assets Notes
|
Disposals of non-current assets 31.12.202136.5 |
Disposals of non-current assets 31.12.202065.3 |
Disposals of non-current assets 31.12.201955.4 |
| Net cash from investing activities | Net cash from investing activitiesNotes
|
Net cash from investing activities31.12.2021-10,386.2 | Net cash from investing activities31.12.2020-1,598.7 | Net cash from investing activities31.12.2019-1,148.0 |
| Financing activities | Financing activitiesNotes
|
Financing activities31.12.2021
|
Financing activities31.12.2020
|
Financing activities31.12.2019
|
| Capital increase | Capital increase Notes
|
Capital increase 31.12.20215.8 |
Capital increase 31.12.2020129.7 |
Capital increase 31.12.201960.0 |
| Dividends paid | Dividends paid Notes
|
Dividends paid 31.12.2021-2,264.4 |
Dividends paid 31.12.2020-2,172.6 |
Dividends paid 31.12.2019-2,176.7 |
| Changes in financial debt | Changes in financial debt Notes19 |
Changes in financial debt 31.12.20214,577.3 |
Changes in financial debt 31.12.2020160.3 |
Changes in financial debt 31.12.2019-0.9 |
| Net cash from financing activities | Net cash from financing activitiesNotes
|
Net cash from financing activities31.12.20212,318.7 | Net cash from financing activities31.12.2020-1,882.6 | Net cash from financing activities31.12.2019-2,117.6 |
| Cash acquired or sold in the period (complete transfer of assets and liabilities) | Cash acquired or sold in the period (complete transfer of assets and liabilities) Notes
|
Cash acquired or sold in the period (complete transfer of assets and liabilities) 31.12.202126.3 |
Cash acquired or sold in the period (complete transfer of assets and liabilities) 31.12.202025.7 |
Cash acquired or sold in the period (complete transfer of assets and liabilities) 31.12.201969.8 |
| Change in cash and cash equivalents | Change in cash and cash equivalentsNotes
|
Change in cash and cash equivalents31.12.2021-3,789.7 | Change in cash and cash equivalents31.12.20201,327.0 | Change in cash and cash equivalents31.12.2019966.7 |
| Net cash and cash equivalents at beginning of the year | Net cash and cash equivalents at beginning of the year Notes27 |
Net cash and cash equivalents at beginning of the year 31.12.20213,790.3 |
Net cash and cash equivalents at beginning of the year 31.12.20202,463.3 |
Net cash and cash equivalents at beginning of the year 31.12.20191,496.6 |
| NET CASH AND CASH EQUIVALENTS AT THE END OF THE YEAR | NET CASH AND CASH EQUIVALENTS AT THE END OF THE YEARNotes27 | NET CASH AND CASH EQUIVALENTS AT THE END OF THE YEAR31.12.20210.6 | NET CASH AND CASH EQUIVALENTS AT THE END OF THE YEAR31.12.20203,790.3 | NET CASH AND CASH EQUIVALENTS AT THE END OF THE YEAR31.12.20192,463.3 |
(1) In 2019, mainly consisted of the merger bonus from the universal transfer of the assets and liabilities of Lancôme Parfums et Beauté & Cie and, in 2020, of the merger bonus from L’Oréal Produits de Luxe France.
