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 FINANCIAL HIGHLIGHTS
CAPITAL AND VOTING RIGHTS
BUSINESS REVIEW AND COMMENTS ON THE CONSOLIDATED FINANCIAL STATEMENTS OF LVMH GROUP
COMMENTS ON THE CONSOLIDATED INCOME STATEMENT
WINES AND SPIRITS
FASHION AND LEATHER GOODS
PERFUMES AND COSMETICS
WATCHES AND JEWELRY
SELECTIVE RETAILING
COMMENTS ON THE CONSOLIDATED BALANCE SHEET
COMMENTS ON THE CONSOLIDATED CASH FLOW STATEMENT
CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
CONSOLIDATED INCOME STATEMENT
CONSOLIDATED STATEMENT OF COMPREHENSIVE GAINS AND LOSSES
CONSOLIDATED BALANCE SHEET
CONSOLIDATED STATEMENT OF CHANGES IN EQUITY
CONSOLIDATED CASH FLOW STATEMENT
SELECTED NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
SIMPLIFIED ACCOUNTING INFORMATION OF LVMH MOËT HENNESSY-LOUIS VUITTON SA
INCOME STATEMENT
CHANGE IN EQUITY

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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 Bernad
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

dette Chirac
(a)

Revenue
(EUR millions)

2012
4,137
9,926
3,613
2,836
7,879
(288)
28,103
Revenue by business group 2011 2010
(EUR millions)
Wines and Spirits 3,524 3,261
Fashion and Leather Goods 8,712 7,581
Perfumes and Cosmetics 3,195 3,076
Watches and Jewelry 1,949 985
Selective Retailing 6,436 5,378
Other activities and eliminations (157) 39
Total 23,659 20,320

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Revenue by geographic region of delivery Revenue by invoicing
Europe
(excluding France)
20%
Euro 24%
United States 23% US dollar 28%
France 11%
Asia
(excluding Japan)
28% Japanese yen 8%
Japan 8%