Universal Registration Document 2025

6.6 Notes to the consolidated financial statements

Note 14 Property, plant and equipment

Property, plant and equipment
(in millions of euros)	Land and buildings	Fixtures and fittings	IT equipment	Other	Total
Gross values at December 31, 2023	Gross values at December 31, 2023 Land and buildings 169	Gross values at December 31, 2023 Fixtures and fittings 682	Gross values at December 31, 2023 IT equipment 429	Gross values at December 31, 2023 Other 520	Gross values at December 31, 2023 Total 1,800
Acquisitions	Acquisitions Land and buildings -	Acquisitions Fixtures and fittings 51	Acquisitions IT equipment 30	Acquisitions Other 61	Acquisitions Total 142
Decreases	Decreases Land and buildings (3)	Decreases Fixtures and fittings (25)	Decreases IT equipment (50)	Decreases Other (50)	Decreases Total (128)
Change in scope	Change in scope Land and buildings -	Change in scope Fixtures and fittings -	Change in scope IT equipment 4	Change in scope Other 1	Change in scope Total 5
Foreign exchange and others	Foreign exchange and others Land and buildings -	Foreign exchange and others Fixtures and fittings 5	Foreign exchange and others IT equipment 12	Foreign exchange and others Other 44	Foreign exchange and others Total 61
Gross values at December 31, 2024	Gross values at December 31, 2024 Land and buildings 166	Gross values at December 31, 2024 Fixtures and fittings 713	Gross values at December 31, 2024 IT equipment 425	Gross values at December 31, 2024 Other 576	Gross values at December 31, 2024 Total 1,880
Acquisitions⁽²⁾	Acquisitions ⁽²⁾ Land and buildings -	Acquisitions ⁽²⁾ Fixtures and fittings 62	Acquisitions ⁽²⁾ IT equipment 37	Acquisitions ⁽²⁾ Other 62	Acquisitions ⁽²⁾ Total 161
Decreases	Decreases Land and buildings -	Decreases Fixtures and fittings (48)	Decreases IT equipment (60)	Decreases Other (37)	Decreases Total (145)
Change in scope	Change in scope Land and buildings -	Change in scope Fixtures and fittings 1	Change in scope IT equipment 3	Change in scope Other 4	Change in scope Total 8
Foreign exchange and others	Foreign exchange and others Land and buildings -	Foreign exchange and others Fixtures and fittings (43)	Foreign exchange and others IT equipment (34)	Foreign exchange and others Other (62)	Foreign exchange and others Total (139)
Gross values at December 31, 2025	Gross values at December 31, 2025 Land and buildings 166	Gross values at December 31, 2025 Fixtures and fittings 685	Gross values at December 31, 2025 IT equipment 371	Gross values at December 31, 2025 Other 543	Gross values at December 31, 2025 Total 1,765
Accumulated amortization at December 31, 2023	Accumulated amortization at December 31, 2023 Land and buildings (22)	Accumulated amortization at December 31, 2023 Fixtures and fittings (442)	Accumulated amortization at December 31, 2023 IT equipment (363)	Accumulated amortization at December 31, 2023 Other (377)	Accumulated amortization at December 31, 2023 Total (1,204)
Depreciation	Depreciation Land and buildings (1)	Depreciation Fixtures and fittings (48)	Depreciation IT equipment (32)	Depreciation Other (51)	Depreciation Total (132)
Impairment loss⁽¹⁾	Impairment loss ⁽¹⁾ Land and buildings -	Impairment loss ⁽¹⁾ Fixtures and fittings (10)	Impairment loss ⁽¹⁾ IT equipment -	Impairment loss ⁽¹⁾ Other -	Impairment loss ⁽¹⁾ Total (10)
Decreases	Decreases Land and buildings 3	Decreases Fixtures and fittings 23	Decreases IT equipment 50	Decreases Other 48	Decreases Total 124
Change in scope	Change in scope Land and buildings -	Change in scope Fixtures and fittings -	Change in scope IT equipment (2)	Change in scope Other (1)	Change in scope Total (3)
Foreign exchange and others	Foreign exchange and others Land and buildings -	Foreign exchange and others Fixtures and fittings (18)	Foreign exchange and others IT equipment (14)	Foreign exchange and others Other (15)	Foreign exchange and others Total (47)
Accumulated amortization at December 31, 2024	Accumulated amortization at December 31, 2024 Land and buildings (20)	Accumulated amortization at December 31, 2024 Fixtures and fittings (495)	Accumulated amortization at December 31, 2024 IT equipment (361)	Accumulated amortization at December 31, 2024 Other (396)	Accumulated amortization at December 31, 2024 Total (1,272)
Depreciation	Depreciation Land and buildings (1)	Depreciation Fixtures and fittings (51)	Depreciation IT equipment (32)	Depreciation Other (47)	Depreciation Total (131)
Impairment loss⁽¹⁾	Impairment loss ⁽¹⁾ Land and buildings -	Impairment loss ⁽¹⁾ Fixtures and fittings (5)	Impairment loss ⁽¹⁾ IT equipment -	Impairment loss ⁽¹⁾ Other -	Impairment loss ⁽¹⁾ Total (5)
Decreases	Decreases Land and buildings -	Decreases Fixtures and fittings 48	Decreases IT equipment 60	Decreases Other 37	Decreases Total 145
Change in scope	Change in scope Land and buildings -	Change in scope Fixtures and fittings (1)	Change in scope IT equipment (3)	Change in scope Other (3)	Change in scope Total (7)
Foreign exchange and others	Foreign exchange and others Land and buildings -	Foreign exchange and others Fixtures and fittings 40	Foreign exchange and others IT equipment 31	Foreign exchange and others Other 30	Foreign exchange and others Total 101
Accumulated amortization at December 31, 2025	Accumulated amortization at December 31, 2025 Land and buildings (21)	Accumulated amortization at December 31, 2025 Fixtures and fittings (464)	Accumulated amortization at December 31, 2025 IT equipment (305)	Accumulated amortization at December 31, 2025 Other (379)	Accumulated amortization at December 31, 2025 Total (1,169)
Net value at December 31, 2025	Net value at December 31, 2025 Land and buildings 145	Net value at December 31, 2025 Fixtures and fittings 221	Net value at December 31, 2025 IT equipment 66	Net value at December 31, 2025 Other 164	Net value at December 31, 2025 Total 596

Land and buildings

As of December 31, 2025, the net amount of the property assets directly owned by Publicis shown on the balance sheet is euro 145 million.

The Groupe’s main property asset is its corporate headquarters located at 133, avenue des Champs-Élysées, in Paris, France. This seven-story building includes around 12,000 sq.m. of office space, occupied by Groupe companies, and 1,500 sq.m. of commercial space, occupied by Publicisdrugstore, and two public movie theaters.

Fixtures and fittings

The euro 5 million impairment loss in 2025 corresponds to fittings for vacant leased properties (see Note 7). In 2024, this impairment amounted to euro 10 million.

Other property, plant and equipment

The Groupe owns a considerable array of IT equipment used for the creation and production of advertising, the management of media buying and administrative work.