This website uses cookies. You can find more information about these cookies and your user rights in our data security statement at the end of this site. Please click "I agree" to accept cookies and to visit our website directly. 

## Appendix 1 of the Consolidated Financial Statements

T.76 Changes in Fixed Assets 2019 (€ million)

Purchase costs |  Accumulated depreciation |  Carrying amounts  
---|---|---  
Balance 1/1/2019 |  Currency changes  and other changes |  Additions/ retransfers |  Changes in group of consolidated companies |  Disposals |  Balance 12/31/2019 |  Balance 1/1/2019 |  Currency changes  and other changes |  Additions/ retransfers1) |  Changes in group of consolidated companies |  Disposals |  Balance 12/31/2019 |  Balance 12/31/2019 |  Balance 12/31/2018  
PROPERTY, PLANT AND EQUIPMENT  
Land, land rights and buildings including buildings on third party land |  169.0  |  3.0  |  -0.7  |  171.3  |  -47.7  |  -0.1  |  -6.2  |  0.6  |  -53.4  |  117.9  |  121.4   
Technical equipment and machines |  22.5  |  -1.6  |  0.5  |  -0.2  |  21.3  |  -10.2  |  0.8  |  -2.3  |  0.2  |  -11.5  |  9.8  |  20.8   
Other equipment, factory and office equipment |  404.1  |  18.6  |  93.7  |  -27.6  |  488.7  |  -266.8  |  -4.7  |  -66.4  |  24.4  |  -313.4  |  175.3  |  137.3   
Payments on account and assets under construction |  15.2  |  -13.2  |  90.6  |  -0.9  |  91.7  |  91.7  |  15.2   
610.8  |  3.8  |  187.8  |  -29.3  |  773.1  |  -324.7  |  -4.0  |  -74.9  |  25.2  |  -378.3  |  394.8  |  294.6   
RIGHT-OF-USE ASSETS  
Real Estate –   
Retail stores |  409.6  |  8.2  |  97.7  |  -6.5  |  509.0  |  -90.3  |  1.0  |  -89.3  |  419.6   
Real Estate – Warehouses & offices |  188.9  |  4.0  |  143.6  |  -4.5  |  332.0  |  -0.1 |  -51.0  |  0.8  |  -50.3  |  281.7   
Others (technical equipment  and machines and vehicles) |  18.0  |  7.8  |  -1.0  |  24.8  |  -0.8  |  -6.7  |  0.4  |  -7.0  |  17.7   
616.5  |  12.3 |  249.0  |  -12.1  |  865.7  |  -0.8  |  -0.1 |  -148.0  |  2.2  |  -146.7  |  719.0   
INTANGIBLE ASSETS  
Goodwill |  290.5 |  4.1 |  294.6 |  -44.8 |  -0.1 |  -44.9 |  249.7 |  245.7  
Intangible assets with an indefinite useful life |  141.8  |  2.4  |  144.2  |  -17.7  |  -17.7  |  126.5  |  124.2   
Other intangible assets |  183.7  |  3.0  |  31.8  |  -2.4  |  216.1  |  -116.1  |  -0.3  |  -23.5  |  2.2  |  -137.8  |  78.3  |  67.5   
616.0  |  9.5  |  31.8  |  -2.4  |  654.9  |  -178.6  |  -0.5  |  -23.5  |  2.2  |  -200.4  |  454.5  |  437.4   
  
1)
    In the financial year 2019 there was no impairment on property, plant and equipment (previous year: € 0.6 million, see chapter 9), on right-of-use assets (see chapter 10) and on intangible assets (see chapter 11).

T.77 Changes in Fixed Assets 2020 (€ million)

Purchase costs |  Accumulated depreciation |  Carrying amounts  
---|---|---  
Balance 1/1/2020 |  Currency changes  and other changes |  Additions/ retransfers |  Changes in group of consolidated companies |  Disposals |  Balance 12/31/2020 |  Balance 1/1/2020 |  Currency changes  and other changes |  Additions/ retransfers1) |  Changes in group of consolidated companies |  Disposals |  Balance 12/31/2020 |  Balance 12/31/2020 |  Balance 12/31/2019  
PROPERTY, PLANT AND EQUIPMENT  
Land, land rights and buildings including buildings  on third party land |  171.3  |  13.2  |  6.4  |  -0.6  |  190.3  |  -53.4  |  0.9  |  -6.5  |  0.5  |  -58.3  |  131.9  |  117.9   
Technical equipment and machines |  21.3  |  -1.0  |  0.9  |  -0.1  |  21.1  |  -11.5  |  0.6  |  -2.0  |  0.1  |  -12.8  |  8.4  |  9.8   
Other equipment, factory and office equipment |  488.7  |  -18.5  |  51.8  |  -27.1  |  494.9  |  -313.4  |  20.1  |  -72.4  |  25.3  |  -340.4  |  154.6  |  175.3   
Payments on account and assets under construction |  91.7  |  -31.8  |  53.6  |  -1.5  |  112.0  |  112.0  |  91.7   
773.1  |  -38.1  |  112.7  |  -29.3  |  818.3  |  -378.3  |  21.7  |  -80.9  |  25.9  |  -411.4  |  406.9  |  394.8   
RIGHT-OF-USE ASSETS  
Real Estate –   
Retail stores |  509.0  |  -42.7  |  84.1  |  -13.2  |  537.2  |  -89.3  |  10.8  |  -114.4  |  10.9  |  -182.0  |  355.2  |  419.6   
Real Estate – Warehouses & offices |  332.0  |  -76.2  |  321.1  |  -10.4  |  566.5  |  -50.3  |  8.8  |  -64.3  |  3.6  |  -102.2  |  464.3  |  281.7   
Others (techniqual equipment and machines and vehicles) |  24.8  |  45.4  |  6.0  |  -2.7  |  73.4  |  -7.0  |  -3.2  |  -7.7  |  2.6  |  -15.3  |  58.1  |  17.7   
865.7  |  -73.4  |  411.2  |  -26.3  |  1,177.2  |  -146.7  |  16.5  |  -186.4  |  17.1  |  -299.6  |  877.6  |  719.0   
INTANGIBLE ASSETS  
Goodwill |  294.6 |  -6.3 |  288.3 |  -44.9 |  -1.9 |  -46.8 |  241.4 |  249.7  
Intangible assets with an indefinite useful life |  144.2  |  -10.6  |  133.6  |  -17.7  |  -17.7  |  115.9  |  126.5   
Other intangible assets |  216.1  |  -3.9  |  34.8  |  -6.4  |  240.6  |  -137.8  |  3.0  |  -24.4  |  4.7  |  -154.6  |  86.1  |  78.3   
654.9  |  -20.8  |  34.8  |  -6.4  |  662.5  |  -200.4  |  3.0  |  -26.3  |  4.7  |  -219.1  |  443.4  |  454.5   
  
1)
    In the financial year 2020 there was no impairment on property, plant and equipment (previous year: € 0.0 million, see chapter 9), impairment on right-of-use assets of € 16.1 million (previous year: € 0.0 million, see chapter 10) and impairment on intangible assets of € 1.9 million (previous year: € 0.0 million, see chapter 11).

## Appendix 2 of the Consolidated Financial Statements

### MEMBERS OF THE MANAGEMENT BOARD AND SUPERVISORY BOARD AND THEIR MANDATES

**STATUS: DECEMBER 31, 2020**

#### Members of the Management Board and their mandates

**Bjørn Gulden**  
Chief Executive Officer (CEO)

Membership of other supervisory boards and controlling bodies:

  * Salling Group A/S, Brabrand/Denmark (Chairman)
  * Borussia Dortmund GmbH & Co. KGaA, Dortmund
  * Tchibo GmbH, Hamburg



**Michael Lämmermann**  
Chief Financial Officer (CFO)

**Anne-Laure Descours**   
Chief Sourcing Officer (CSO)  


#### Members of the Supervisory Board and their mandates

**Jean-François Palus  
(Chairman)  
**Paris, France

Group Managing Director and member of the Board of Directors of Kering S.A., Paris/France, responsible for Strategy, Operations and Organization 

Membership of other supervisory boards and controlling bodies1):

  * Kering Americas, Inc., New York/USA
  * Kering Tokyo Investment Ltd., Tokyo/Japan
  * Sowind Group S.A., La Chaux-de-Fonds/Switzerland
  * Guccio Gucci S.p.A., Florence/Italy
  * Gucci America, Inc., New York/USA
  * Kering Eyewear S.p.A., Padua/Italy
  * Yugen Kaisha Gucci LLC, Tokyo/Japan
  * Birdswan Solutions Ltd., Haywards Heath/West Sussex/United Kingdom
  * Paintgate Ltd., Haywards Heath/West Sussex/United Kingdom
  * Kering Asia Pacific Ltd., Hong-Kong/China
  * Kering South East Asia PTE Ltd., Singapore
  * Boucheron S.A.S., Paris/France



1) All mandates of Mr Palus are mandates within the Kering-Group. Kering S.A. is a listed company. All other companies within the Kering-Group are not listed. 

**Thore Ohlsson  
(Deputy Chairman)  
**Falsterbo, Sweden  
  
President of Elimexo AB, Falsterbo/Sweden 

Membership of other supervisory boards and controlling bodies:

  * Elite Hotels AB, Stockholm/Sweden
  * Tomas Frick AB, Vellinge/Sweden
  * Tjugonde AB, Malmö/Sweden
  * Dofab AB, Malmö/Sweden
  * Orrefors Kosta Boda AB, Kosta/Sweden



**Héloïse Temple-Boyer** (member since April 18, 2019)   
Paris, France   
  
Deputy CEO of ARTÉMIS S.A.S., Paris/France 

Membership of other supervisory boards and controlling bodies2):

  * Kering S.A., Paris/France
  * Giambattista Valli S.A.S., Paris/ France
  * Société d’exploitation de l’hebdomadaire le Point S.A., Paris/France
  * Royalement Vôtre Editions S.A.S., Paris/France
  * ACHP Plc, London/United Kingdom
  * Christie’s International Plc, London/United Kingdom
  * Palazzo Grassi S.p.A., Venice/Italy
  * Compagnie du Ponant S.A.S., Marseille/France



2) All mandates are mandates within the ARTÈMIS-Group. Kering S.A. is a listed company.

**Fiona May** (member since 18 April 2019)  
Calenzano, Italy

Independent Management Consultant 

Membership of other supervisory boards and controlling bodies:

  * R.C.S. Media Group Active Team Srl, Milano/Italy



**Martin Koeppel**   
(Employees’ Representative)  
Weisendorf, Germany

Chairman of the Works Counsel of PUMA SE 

**Bernd Illig**   
(Employees’ Representative)  
Bechhofen, Germany

Administrator IT Systems of PUMA SE

#### Supervisory Board Committees

**Personnel Committee**

  * Jean-François Palus (Chairman)
  * Fiona May
  * Martin Köppel



**Audit Committee**

  * Thore Ohlsson (Chairman)
  * Héloïse Temple-Boyer
  * Bernd Illig



**Nominating Committee**

  * Jean-François Palus (Chairman)
  * Héloïse Temple-Boyer
  * Fiona May