documents_financiers_2012_va - TRANSLATION OF THE FRENCH...

TRANSLATION OF THE FRENCH
FINANCIAL DOCUMENTS
FISCAL YEAR ENDED DECEMBER 31, 2012

CONTENTS
EXECUTIVE AND SUPERVISORY BODIES; STATUTORY AUDITORS 1
FINANCIAL HIGHLIGHTS 2
CAPITAL AND VOTING RIGHTS 4
BUSINESS REVIEW AND COMMENTS ON THE CONSOLIDATED FINANCIAL STATEMENTS OF LVMH GROUP 5
COMMENTS ON THE CONSOLIDATED INCOME STATEMENT 6
WINES AND SPIRITS 10
FASHION AND LEATHER GOODS 11
PERFUMES AND COSMETICS 13
WATCHES AND JEWELRY 14
SELECTIVE RETAILING 16
COMMENTS ON THE CONSOLIDATED BALANCE SHEET 17
COMMENTS ON THE CONSOLIDATED CASH FLOW STATEMENT 18
CONDENSED CONSOLIDATED FINANCIAL STATEMENTS 19
CONSOLIDATED INCOME STATEMENT 20
CONSOLIDATED STATEMENT OF COMPREHENSIVE GAINS AND LOSSES 20
CONSOLIDATED BALANCE SHEET 21
CONSOLIDATED STATEMENT OF CHANGES IN EQUITY 22
CONSOLIDATED CASH FLOW STATEMENT 24
SELECTED NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 25
SIMPLIFIED ACCOUNTING INFORMATION OF LVMH MOËT HENNESSY-LOUIS VUITTON SA 63
INCOME STATEMENT 64
CHANGE IN EQUITY 64
This document is a free translation into English of the original French “Documents financiers - 31 décembre 2012”, hereafter
referred to as the “Financial Documents”. It is not a binding document. In the event of a conflict in interpretation, reference
should be made to the French version, which is the authentic text.

(a) Independent Director.
(b) Member of the Performance Committee Audit.
(c) Member of the Nominations and Compensation Committee.
Board of Directors
Bernard Arnault
Chairman and Chief Executive Officer
Pierre Godé
Vice-Chairman
Antonio Belloni
Group Managing Director
Antoine Arnault
Delphine Arnault
Nicolas Bazire
Bernadette Chirac
(a)
Nicholas Clive Worms
(a) (b)
Charles de Croisset
(a) (c)
Diego Della Valle
(a)
Albert Frère
(a) (c)
Gilles Hennessy
(b)
Marie-Josée Kravis
(a)
Lord Powell of Bayswater
Yves-Thibault de Silguy
(a) (b) (c)
Francesco Trapani
Hubert Védrine
(a)
Advisory Board members
Paolo Bulgari
Patrick Houël
Felix G. Rohatyn
Statutory Auditors
ERNST & YOUNG et Autres
represented by Olivier Breillot and Gilles Cohen
DELOITTE & ASSOCIÉS
represented by Thierry Benoit
Executive Committee
Bernard Arnault
Chairman and Chief Executive Officer
Antonio Belloni
Group Managing Director
Pierre Godé
Vice-Chairman
Nicolas Bazire
Development and Acquisitions
Yves Carcelle
Fondation Louis Vuitton
Chantal Gaemperle
Human resources
Jean-Jacques Guiony
Finance
Christopher de Lapuente
Sephora
Christophe Navarre
Wines and Spirits
Daniel Piette
Investment funds
Pierre-Yves Roussel
Fashion
Philippe Schaus
Travel retail
Francesco Trapani
Watches and Jewelry
Jean-Baptiste Voisin
Strategy
Mark Weber
Donna Karan, LVMH Inc.
General secretary
Marc-Antoine Jamet
EXECUTIVE AND SUPERVISORY BODIES; STATUTORY AUDITORS
1
Financial Documents - December 31, 2012

FINANCIAL HIGHLIGHTS
2
Financial Documents - December 31, 2012
Revenue
(EUR millions)
Revenue by business group 2012 20 11 20 10
(EUR millions)
Wines and Spirits 4,137 3,524 3,261
Fashion and Leather Goods 9,926 8,712 7,581
Perfumes and Cosmetics 3,613 3,195 3,076
Watches and Jewelry 2,836 1,949 985
Selective Retailing 7,879 6,436 5,378
Other activities and eliminations (288) (157) 39