2023 universal registration document

5. 2023 Consolidated Financial Statements

Note 26. Net cash and cash equivalents at the end of the year

Cash and cash equivalents can be broken down as follows:

€ millions 31.12.2023 31.12.2022 31.12.2021
Cash and cash equivalents

Cash and cash equivalents

31.12.2023

337.7

Cash and cash equivalents

31.12.2022

616.2

Cash and cash equivalents

31.12.2021

0.6
Accrued interest receivable

Accrued interest receivable

31.12.2023

9.4

Accrued interest receivable

31.12.2022

1.8

Accrued interest receivable

31.12.2021

-
Accrued interest payable

Accrued interest payable

31.12.2023

-

Accrued interest payable

31.12.2022

-

Accrued interest payable

31.12.2021

-
NET CASH AND CASH EQUIVALENTS NET CASH AND CASH EQUIVALENTS

31.12.2023

347.1 		NET CASH AND CASH EQUIVALENTS

31.12.2022

618.0 		NET CASH AND CASH EQUIVALENTS

31.12.2021

0.6

Note 27. Other information

Statutory audit fees are presented in note 16 to the Consolidated Financial Statements.

Note 28. Subsequent events

In line with the Ambition France actions carried out over the 2023 financial year, the entity Soproréal merged into L’Oréal S.A. on 1 January 2024. On the same day, L’Oréal S.A. transfered the complete and autonomous branch of Soproréal’s business activities to the entity New Soproréal.

Note 29. Table of subsidiaries and holdings

DETAILED INFORMATION
non-inclus Carrying amount of shares held non-inclus
  Share capital Reserves and retained earnings before appropriation of net profit  % holding Gross Net Profit or loss in last financial year DividendsIncluding profits distributed by the SNCs (general partnership), and Sociétés civiles (non trading companies), that are not tax consolidated. booked during the financial year
A. Main French subsidiaries (Holdings of over 50%)
Azzaro Mugler Beauté France 78,723 845 100.00% 78,723 78,723 1,006 488
Beauté, Recherche & Industries 1,069 15,073 100.00% 9,495 9,495 3,802 8,280
Cosmétique Active International 19 13,947 88.97% 15,100 15,100 126,508 89,154
Cosmétique Active Production 186 23,104 80.13% 5,081 5,081 13,755 9,097
EpiSkin 13,609 11,730 99.92% 17,999 17,999 1,331 0
Fapagau & Cie 15 5,090 79.00% 12 12 13,935 12,548
Faproreal 11,944 5,232 100.00% 11,953 11,953 6,382 6,600
Finval 19,516 142,683 100.00% 75,677 75,677 40,258 72,471
Gemey Paris – Maybelline New York 35 8,551 99.96% 46 46 5,583 5,388
Holdial 1 4 98.00% 1 1 1,249 769
L & J Ré 27,500 11,075 100.00% 27,500 27,500 1,710 0
La Roche-Posay Laboratoire Dermatologique 380 4,437 99.98% 27,579 27,579 46,805 37,668
Noveal 1,958 11,387 100.00% 21,501 21,501 391 5,037
Nutricos Technologies 535 -106 50.00% 38,125 0 -30 0
L’Oréal France 127,921 503,636 100.00% 772,495 772,495 202,416 0
L’Oréal International Distribution 6,414 -17,482 100.00% 11,642 11,642 31,881 0
L’Oréal Fund For Nature Regeneration 75,000 -2,996 100.00% 75,000 69,100 -2,956 0
L’Oréal Produits de Luxe International 98 55,384 99.85% 73,814 73,814 66,072 64,662
BOLD (Business Opportunities for L’Oréal Development) 178,853 109,769 100.00% 299,603 299,603 -9,741 0