NEOPOST_REGISTRATION_DOCUMENT_2017

5

Financial statements

Consolidated financial statements

Changes recognized in the income statement

Changes recognized in equity

Premium on new operations

31 January 2018

31 January 2017

Financial assets (derivatives)

8.0

-

1.2

3.5

12.7

Debt and swap at fair value hedge

6.1

-

-

(2.0)

4.1

Derivative instruments qualified as cash flow hedges

1.9

-

1.2

3.2

6.3

Derivative instruments not eligible

-

-

-

2.3

2.3

Financial liabilities (derivatives)

0.2

-

(0.1)

(0.1)

-

Derivative instruments qualified as cash flow hedges

0.2

-

(0.1)

(0.1)

-

Derivative instruments not eligible

-

-

-

-

-

Sensitivity to interest rate variations The impact on the accounts of an increase of 0.5% in the interest rates for the year ending 31 January 2018 is as follows:

Income statement impact

31 January 2018

31 January 2018 Impact on equity

Financial assets (derivatives)

12.7

1.5

(2.8)

11.4

Debt and swap at fair value hedge

4.1

-

(2.8)

1.4

Derivative instruments qualified as cash flow hedges

6.3

1.5

-

7.7

Derivative instruments not eligible

2.3

-

-

2.3

Financial liabilities (derivatives)

-

-

-

-

Derivative instruments qualified as cash flow hedges

-

-

-

-

Derivative instruments not eligible

-

-

-

-

The impact on the accounts of a decrease of 0.5% on the interest rates for the year ending 31 January 2018 is as follows:

Income statement impact

31 January 2018

31 January 2018 Impact on equity

Financial assets (derivatives)

12.7

(1.5)

2.8

14.0

Debt and swap at fair value hedge

4.1

-

2.8

6.9

Derivative instruments qualified as cash flow hedges

6.3

(1.5)

-

4.8

Derivative instruments not eligible

2.3

-

-

2.3

Financial liabilities (derivatives)

-

-

-

-

Derivative instruments qualified as cash flow hedges

-

-

-

-

Derivative instruments not eligible

-

-

-

-

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REGISTRATION DOCUMENT 2017 / NEOPOST