Loreal 2011 Annual Report Download - page 115
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113REGISTRATION DOCUMENT − L’ORÉAL 2011
2011 Consolidated Financial Statements
4
Notes to the consolidated nancial statements
€ millions
2009 12.31.2008
Acquisitions/
Disposals
Other
movements 12.31.2009
L’Oréal Professionnel/Kérastase 334.2 -5.6 328.6
Matrix 272.2 -5.9 266.3
Redken/PureOlogy 428.8 2.2 -11.6 419.4
Other - 41.5 -1.5 40.0
Professional Products Total 1,035.2 43.7 -24.6 1,054.3
L’Oréal Paris 756.4 0.2 756.6
Maybelline/Garnier 1,003.5 -10.7 992.8
Softsheen Carson 72.6 -21.7 50.9
Other(1) 35.5 -0.3 35.2
Consumer Products Total 1,868.0 -32.5 1,835.5
Lancôme 773.0 -5.4 767.6
Shu Uemura 130.6 -6.9 123.7
YSL Beauté(2) 551.0 0.1 -22.6 528.4
Perfumes 335.9 -1.9 334.0
Other 75.3 -12.4 62.9
L’Oréal Luxury Total 1,865.6 0.1 -49.1 1,816.6
Vichy/Dermablend(2) 266.4 -1.6 264.8
Other 142.8 -11.8 131.0
Active Cosmetics Total 409.3 -13.4 395.8
Other(1) 9.2 9.2
The Body Shop 292.1 5.6 14.8 312.5
Dermatology 53.1 -10.9 42.2
Group Total 5,532.5 49.4 -115.9 5,466.0
(1) After reclassification of the “distance selling” business under the Consumer Products Division.
(2) After reclassification of the Roger & Gallet business from the L’Oréal Luxury Division to the Active Cosmetics Division.
2009 acquisitions mainly relate to Idaho Barber and Beauty
Supply, Maly’s Midwest and Marshall Salon Services for
€43.7million. No disposals took place during 2009. Other
movements consist mainly of a negative impact of changes in
exchange rates for €37.0million, impairment losses on Yue Sai
for €13.9million (included in the “Other” line of L’Oréal Luxury),
on Softsheen Carson for €19.6million, and on Sanoflore for
€10.0million (included in the “Other” line of Active Cosmetics),
as well as the recognition of deferred tax assets on YSL Beauté
and CollaGenex (Dermatology).
Accumulated impairment losses relating to Softsheen Carson,
Yue Sai and Sanoflore amount to €85.0million, €24.7million and
€10.0million, respectively, at December31st, 2009.