Loreal 2011 Annual Report Download - page 240

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238 REGISTRATION DOCUMENT L’ORÉAL 2011
9Appendix
Table of contents
9.5. Table of contents
Chapter 1
Presentation of the Group Pages
1.1 Mission 4
1.2 History 5
1.3 Business Activities and Strategy 5
1.4 International and c osmetics m arket 8
1.5 Research and Innovation 12
1.6 Operations 14
1.7 Investment Policy 17
1.8 Risks factors 17
1.9 Information Policy 24
Chapter 2
Corporate g overnance
2.1 Summary of the principles 28
2.2 The Board’s composition and the way in which the Board’s work is prepared and
organizedzed 29
2.3 Remuneration of the members of the Board of Directors and the corporate
officers 53
2.4 Summary of trading by directors and corporate officers in L’Oréal shares in 2011 59
2.5 Internal control procedures 59
2.6 Statutory Auditors’ R eport, prepared in accordance with Article L. 225-235 of the
French Commercial Code on the report prepared by the Chairman of the Board
of Directors 66
2.7 Statutory Auditors’ special R eport on regulated agreements and commitments 67
Chapter 3
Comments on the 2011 financial year
3.1 The Group’s Business activities in 2011 70
3.2 Financial Highlights 76
3.3 Recent events and prospects 85
Chapter 4
Consolidated financial statements
4.1 Compared consolidated income statements 88
4.2 Consolidated statements of net profit and gains and losses recognised directly in
equity 89
4.3 Compared consolidated balance sheets 90
4.4 Consolidated statements of changes in equity 91
4.5 Compared consolidated statements of cash flows 92
4.6 Notes to the consolidated financial statements 93
4.7 Consolidated companies at December 31st, 2011 140
4.8 Statutory Auditors’ R eport on the consolidated financial statements 145
The 2011 Registration Document of the L’Oréal Group which has been filed with the Autorité des Marchés Financiers in accordance
with the Article 212-13 of the General Regulation of the Autorité des Marchés Financiers.