6 6.6.2. Invoices issued and received but not paid at the end of the financial year and  in arrears In accordance with the French law on the Modernisation of the Economy of 4 August 2008 and Articles L. 441-6-1 and D. 441-4 of  the French Commercial Code, invoices issued and received but not paid at 31 December 2021 and in arrears are broken down as follows: In € Article D. 441 I-1°: Invoices received but not paid at the end of the financial year and in arrears Article D.  441 I-2°: Invoices issued but not paid at the end of the financial year and in arrears 0 days (indicative) 1-30 days 31-60  days 61- 90 days 91 days or more Total (1 day or more) 0 days (indicative) 1-30 days 31- 60 days 61- 90 days 91 days or more Total (1 day or more) (A) Late payment tranches Number of invoices concerned 23 552 2,991 15,764 Total amount of invoices concerned, including taxes -125,664 1,347,059 -45,396 29,687 91,952 1,423,302 5,394,846 21,563,381 8,054,057 4,633,984 36,432,488 70,683,910 Percentage of total amount of purchases (including taxes) for the financial year 0.00 0.03 0.00 0.00 0.00 0.03 Percentage of  total sales (including taxes) for the financial year 0.09 0.34 0.13 0.07 0.58 1.12 (B) Invoices excluded from (A) because of disputed or unrecognised payables and receivables Number of invoices 3,199 670 Value 10,803,249 1,359,752 (C) Benchmark payment terms used (contractual or statutory term, Article L. 441 or L. 443 of the French Commercial Code) Benchmark payment terms used to calculate late payments Statutory payment terms: 45 days from end of month 6.6.3. Sales (excluding taxes) € millions Sales 2021 2020 % change 1 st quarter 1,319.7 1,268.9 4.00% 2 th quarter 1,280.9 1,147.7 11.61% 3 th quarter 1,274.0 1,179.5 8.01% 4 th quarter 1,380.8 1,241.7 11.20% TOTAL 5,255.4 4,837.8 8.63% N.B.  : This includes sales of goods net of any rebates and discounts granted, along with services provided and technology royalties. L ’ ORÉAL I UNIVERS AL REGISTRATION DOCUMENT 2021 369 PARENT COMPANY FINANCIAL STATEMENTS Other information relating to the financial statements of L’Oréal S.A.