Moncler Group | Annual Report 2024 16
Index
1
Board of Directors’ Report
Section one 21
Chairman’s letter 23
Group f inancial highlights 24
Corporate bodies 26
Group chart as of 31 December 2024 27
Group structure 28
Moncler Group 30
History 35
Values 39
Group strategy 40
Business model 42
Brand protection 48
Moncler and the f inancial markets 49
Section two 61
Introduction 62
Performance of the Moncler Group 62
Performance of the parent company Moncler S.p.A. 70
Main risks 72
Corporate Governance 76
Related-party transactions 77
Atypical and/or unusual transactions 77
Treasury shares 77
Signif icant events occurred during the f inancial year 2024 78
Signif icant events occurred after the reporting date 78
Sustainability rating update 79
Business outlook 80
Other information 81
Motion to approve the f inancial statements and the allocation
of the result for the year ended 31 December 2024 83
Section three — Consolidated Sustainability Statement 93
General information 95
Environment 151
Social 231
Governance 299
Moncler Group | Annual Report 2024 17
2
Consolidated Financial Statements
Consolidated Financial Statements 337
Explanatory notes to the Consolidated Financial Statements 345
1 General information about the Group 346
2 Summary of material accounting principles used in the preparation
of the consolidated f inancial statements 350
3 Scope for consolidation 362
4 Comments on the consolidated income statement 364
5 Comments on the consolidated statement of f inancial position 370
6 Segment information 389
7 Commitments and guarantees given 390
8 Contingent liability 390
9 Information about f inancial risks 391
10 Other information 396
11 Signif icant events after the reporting date 403
3
Separate Financial Statements
Separate Financial Statements 415
Explanatory notes to the Separate Financial Statements 423
1 General information 424
2 Material accounting principles 427
3 Comments on the income statement 437
4 Comments on the statement of f inancial position 439
5 Commitments and guarantees given 451
6 Contingent liability 451
7 Information about f inancial risks 452
8 Other information 453
9 Signif icant events after the reporting date 461
10 Motion to approve the f inancial statements and the allocation
of the result for the year ended 31 December 2024 461
Attestation of the consolidated f inancial statements pursuant to Art 154 bis
of Legislative Decree 5898 464
Independent auditors report on the consolidated f inancial statements 465
Attestation of sustainability reporting pursuant to Article 81ter paragraph 1 of Consob
regulation n 11971 of May 14 1999 and subsequent amendments and integrations 471
Independent auditors report on the consolidated sustainability statement 472
Attestation of the separate f inancial statements pursuant to Art 154 bis
of Legislative Decree 5898 477
Independent auditors report on the separate f inancial statements 478
Report of the board of statutory 484
Glossary 498
Contacts 500