136 137
LVMH 2019 . P e r f o r m a n c e m e a s u r e s
73% Non- c u r rent
a s s et s
14% I nventor ies 13% O t h er
c u r rent a s s et s
40% Equ it y
37% Non- c u r rent l i abi l it ies
23% C u r rent l i abi l it ies
Further information can be found in the 2019 Universal Registration Document.
OPERATING INVESTMENTS (EUR millions)
2017 2018 2019
2,276
3,038 3,294
NET PROFIT, GROUP SHARE (EUR millions)
2017 2018 2019
5,365
6,354
7,171
SIMPLIFIED BALANCE SHEET AS OF 12/31/2019 (EUR billions and % of balance sheet total)
Assets Liabilities and equity
96.5
FREE CASH FLOW (EUR millions)
2017 2018 2019
4,696
5,452
6,167
EQUITY AND RATIO OF NET FINANCIAL DEBT TO EQUITY (EUR millions and %)
2017 2018 2019
30,377
33,957
38,365
96.5
NET FINANCIAL DEBT(1)
(EUR millions)
2017 2018 2019
7,153
5,487(1) 6,206
(1) Belmond shares deducted from net debt ( 274 million).
24% 16%(1) 16%