LVMH 2018 . P e r f o r m a n c e m e a s u r e s

132 133

68% Non- c u r rent

a s s et s

17% I nventor ies

15% O t h er c u r rent a s s et s

46% Equ it y

32% Non- c u r rent l i abi l it ies

22% C u r rent l i abi l it ies

Further information can be found in the 2018 Reference Document.

OPERATING INVESTMENTS(1) (EUR millions)

2016 2017 2018

2,265 2,276

3,038

NET PROFIT, GROUP SHARE(1) (EUR millions)

2016 2017 2018

4,066

5,365

6,354

SIMPLIFIED BALANCE SHEET AS OF DECEMBER 31, 2018 (EUR billions and % of balance sheet total)

Assets Liabilities and equity

74.3

FREE CASH FLOW(1) (EUR millions)

2016 2017 2018

3,911

4,696

5,452

EQUITY AND RATIO OF NET FINANCIAL DEBT TO EQUITY(1) (EUR millions and %)

2016 2017 2018

27,898 30,377

33,957

74.3

NET FINANCIAL DEBT(1)

(EUR millions)

2016 2017 2018

3,244

7,153

5,487(2)

(1) 2016 and 2017 restated for the impact of the application of IFRS 9 Financial Instruments. (2) Belmond shares deducted from net debt ( 274 million).

12% 24% 16%(2)