2022 Universal Registration Document

6.8. Equity investments (main changes including shareholding threshold changes)

Chapter 6 : Parent company financial statements

6.8. Equity investments (main changes including shareholding threshold changes)

6.8. Equity investments (main changes including shareholding threshold changes)

Equity investments

(Main changes including shareholding threshold changes >5%)

€ millions

Headings

At 31.12.2021 including revaluation Acquisitions Subscriptions Others 31.12.2022
Amount % Amount Amount Amount Amount %
Atelier Cologne Luxembourg 92.9 100.0     -3.7(1) 89.2 100.0
BOLD (Business Opportunities for L’Oréal Development) 83.6 100.0   216.0   299.6 100.0
Euroapi - -     74.5(2) 74.5 5.5
LOA12 - -   -   - 100.0
LOA13 - -   -   - 100.0
LOA14 - -   -   - 100.0
LOA15 - -   -   - 100.0
L’Oréal Argentina S.A. (Argentina) 161.6 96.2     22.3(3) 183.9 96.8
L’Oréal Côte d’Ivoire 0.6 100.0     1.9 2.5 100.0
L’Oréal East Africa Ltd (Kenya) 53.8 100.0     7.5 61.3 100.0
L’Oréal Fund For Nature Regeneration 20.0 100.0   40.0   60.0 100.0
L’Oréal Pakistan Private Ltd 17.5 100.0     2.7 20.2 100.0
L’Oréal Singapore Pte Ltd (Singapore) 19.0 100.0   6,375.9   6,394.9 100.0
L&J Ré 1.5 100.0   26.0   27.5 100.0
Nanda CO Ltd (Korea) 500.2 100.0     -14.7(1) 485.6 100.0
SCIENCEMED 0.0 100.0   8.0   8.0 100.0
Sparlys 8.6 100.0     10.0(3) 18.6 100.0

(1) Discounting of the earn-out.

(2) Exceptional additional dividend paid by Sanofi in the form of Euroapi shares.

(3) Share capital increase by incorporation of receivables.