Organizational Strategy - Sustainable Development - L'Oréal

5 L’oréaL - GrI DaTa SHEETS 2011
Net profit per share**(e)
2010: €4.01 billion
2011: €4.32 billion
Group share of net profit
2010: €2.2397 billion
2011: €2.4384 billion
Group share of net diluted earnings per share (e)
2010: €3.79 billion
2011: €4.08 billion
Diluted average number of shares
2010: 591,392,449
2011: 597,633,103
* Net profit, excluding non-recurring items, also excludes asset depreciation, restructuring costs, the effects of taxes and minority interests.
** Group share per diluted share, excluding non-recurring items.
The total cost of net financial indebtedness fell strongly again this year and stands at 25.2 million euros. This new reduction results in a
considerable lessening of our average debt.
Dividends from Sanofi rose to 295.6 million euros, up by 4.2%.
Tax on profits, excluding non-recurring items rose to 977.6 million euros, i.e. 27.4%, slightly down on 2010.
The group share of net profit excluding non-recurring items amounted to 2.5829 billion euros, up by 8.9%.
The net profit per share, at €4.32, was up by 7.8%.
For 2011, after taking non-recurring items into account, i.e. a charge, net of taxes amounting to 144 million euros, the net profit is
2.4384 billion euros, up by 8.9%.
CasH FLOW FROM OPeRaTIONs, baLaNCe sHeeT aND DebT
The cash flow from operations was 3.2262 billion euros.
The need for working capital increased by 322 million, following two years when it had reduced in absolute terms. This is a return to a
situation more in line with the changes to group business.
Investments, at 865.7 million euros, amounted to 4.3% of turnover.
after paying a dividend and paying for acquisitions (Q-MED and Clarisonic), the group posted a net cash surplus of 504 million euros.
The balance sheet structure is very solid since, at the end of 2011, own capital made up 65.7% of the assets. The strengthening of own
capital over the 2010 results mainly from the profit allocated to reserves and the net re-valuation of Sanofi securities, valued at market
price.
DIVIDeND PROPOseD TO THe 17 aPRIL 2012 GeNeRaL MeeTING
The Board of Directors has decided to propose to the General Meeting of shareholders on 17 april 2012, approving a dividend of 2 euros
per share, up by 11% compared to the dividend paid in 2011. It will be paid on 3 May 2012 (ex-dividend date 27 april at midnight, Paris time).
2012 is the first year when shareholders who have been continuously registered for more than two years will receive a dividend greater
than 10%.
sHaRe CaPITaL
The Board of Directors recorded that the amount of the share capital as at 31 December 2011 was 602,984,082 shares with a nominal value
of €0.20, i.e. a total of 120,596,816.40 euros.
> For more details, see the 2011 reference Document: Consolidated accounts p.87.
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