Loreal 2011 Annual Report Download - page 224

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222 REGISTRATION DOCUMENT − L’ORÉAL 2011
7Stock market information andsharecapital
L’Oréal share market
Portfolio value at 12.31.2011 (221shares at €80.70): €17,834.70.
The initial capital has thus been multiplied by 1.19 over 10years
(10-year inflation rate =19.4% - Source: INSEE) and the final capital
is 1.17 times the total net investment.
The Total Shareholder Return of the investment is thus: 1.57% per
year (assuming that the shares are sold on December31st, 2011,
excluding tax on capital gains).
Over the same period, the CAC 40 index fell by -0.40% per year(1).
NOTE: A ny income tax that may be paid by the investor as a result
of the successive dividend payments is not taken into account.
7.4.2.2.2. 10-year evolution of a portfolio of approximately €15,000 invested in L’Oréal shares
withreinvestment of coupons
Date of transaction Nature of transaction Investment
(€)
Income
(€)
Number of shares
after the transaction
12.31.2001 Purchase of 185 shares, at €80.90 14,966.50 185
06.04.2002 Dividend: €0.54 per share, excluding tax credit 99.90 185
Reinvestment: purchase of 2shares at €74.95 149.90 187
05.27.2003 Dividend: €0.64per share, excluding tax credit 119.68 187
Reinvestment: purchase of 2shares at €61.10 122.20 189
05.14.2004 Dividend: €0.73per share, excluding tax credit 137.97 189
Reinvestment: purchase of 3shares at €63.65 190.95 192
05.11.2005 Dividend: €0.82per share 157.44 192
Reinvestment: purchase of 3shares at €56.50 169.50 195
05.10.2006 Dividend: €1.00per share 195.00 195
Reinvestment: purchase of 3shares at €72.65 217.95 198
05.03.2007 Dividend: €1.18per share 233.64 198
Reinvestment: purchase of 3shares at €86.67 260.01 201
04.30.2008 Dividend: €1.38per share 277.38 201
Reinvestment: purchase of 4shares at €76.21 304.84 205
04.24.2009 Dividend: €1.44per share 295.20 205
Reinvestment: purchase of 6shares at €52.015 312.09 211
05.05.2010 Dividend: €1.50per share 316.50 211
Reinvestment: purchase of 5shares at €76.77 383.85 216
05.04.2011 Dividend: €1.80 per share 388.80 216
Reinvestment: purchase of 5shares at €85.79 428.95 221
Total 17,506.74 2,221.51
Total net investment 15,285.23
The initial capital has thus been multiplied by 1.19 over 5years
(5-year inflation rate =9.4% - Source: INSEE) and the final capital
is 1.17times the total net investment.
The Total Shareholder Return of the investment is thus 3.26% per
year (assuming that the shares are sold on December31st, 2011,
excluding tax on capital gains).
Over the same period, the CAC40 index fell by -7.14% per year(1).
NOTE: Any income tax that may be paid by the investor as a result
of the successive dividend payments is not taken into account.
(1) Reinvested dividends; source: Datastream.