6 . 6.7. FIVE-YEAR FINANCIAL SUMMARY L’ORÉAL COMPANY (EXCLUDING SUBSIDIARIES) €  millions (except for earnings per share, shown in €) 2017 2018 2019 2020 2021 I. Financial situation at financial year-end a) Share capital 112.1 112.1 111.6 112.0 111.5 b) Number of shares 560,519,088 560,396,652 558,117,205 559,871,580 557,672,360 (1) c) Number of convertible bonds II. Overall results of operations a) Net pre-tax sales 3,613.5 3,888.4 4,131.0 4,837.8 5,255.4 b) Pre-tax profit before depreciation, amortisation, provisions and reversals of provisions (including provision for investment activities and profit-sharing reserve) 2,917.8 4,017.1 4,658.7 4,570.7 4,174.1 c) Income tax 166.0 6.9 -82.7 -22.8 -1.7 d) Net profit 3,051.7 3,594.9 4,105.8 4,158.8 3,860.5 e) Amount of distributed profits 2,006.6 2,176.7 2,172.6 2,264.4 2,596.7 (2) III. Results of operations per share a) Profit after tax and profit-sharing, but before depreciation, amortisation and provisions 5.47 7.14 8.12 8.07 7.43 b) Net profit 5.44 6.41 7.36 7.43 6.92 c) Dividend paid on each share (not including tax credit) 3.55 3.85 3.85 4.00 4.80 (2) IV. Personnel a) Number of employees 7,060 7,510 7,692 8,900 9,134 b) Total salaries 612.2 667.4 692.3 804.6 860.9 c) Amount paid for welfare benefits (social security, provident  schemes, etc.) 286.4 312.0 346.2 408.6 415.8 (1) The share capital comprises 557,672,360  shares with a par value of €0.2 following the subscription of 52,397  shares through the exercise of options, the issue of 5,357  shares under the employee shareholding plan, the grant of 743,026 free shares and the cancellation of 3 million shares. (2) The dividend will be proposed to the Annual General Meeting of 21 April 2022. 370 L ’ ORÉAL I UNIVERSAL REGISTRATION DOCUMENT 2021 PARENT COMPANY FINANCIAL STATEMENTS Five-year financial summary