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HALF-YEAR FINANCIAL REPORT - L OR AL 30 JUNE 2017 - 2 Contents 1 ACTIVITY REPORT .. 4 The Group consolidated .. 4 Segment information .. 5 Important events during the 7 Risk factors and transactions between related parties .. 7 Prospects .. 8 Subsequent events .. 8 2 2017 CONDENSED CONSOLIDATED FINANCIAL STATEMENTS .. 9 Compared consolidated income statements .. 10 Consolidated statement of comprehensive income .. 11 Compared consolidated balance sheets .. 12 Consolidated statements of changes in equity .. 13 Compared consolidated statements of cash flows .. 15 Notes to the condensed consolidated financial statements.

Activity Report HALF-YEAR FINANCIAL REPORT - L’ORÉAL 30 JUNE 2017 - 6 1.2.2. OPERATING PROFIT BY OPERATIONAL DIVISION The announcement, on 27 June 2017, of the signing of the contract for the sale of The Body Shop, means that the IFRS 5 accounting

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