Atos - Registration Document 2016
E Financial
E.4
Consolidated financial statements
Hedge accounting There is no material deviation between the maturity of the financial instruments and the period in which the cash flows are expected to occur. As at December 2016, derivatives were all allocated to the hedging of transactional risks (foreign exchange currency risks). From an accounting point of view, most of the derivatives were considered as cash flow hedge instruments. The breakdown of the designation of the instruments by currency is as follows:
December 31, 2015
December 31, 2016
(In € million) Instruments
Fair value
Notional
Fair value
Notional
Cash flow hedge Foreign exchange Forward contracts USD Forward contracts GBP Forward contracts INR Forward contracts KRW Forward contracts MXN Forward contracts THB Forward contracts MYR Forward contracts PLN Forward contracts PHP Forward contracts RON Forward contracts RUB Forward contracts MAD Forward contracts CNY Forward contracts DKK Forward contracts CNH Forward contracts CHF Forward contracts TRY Forward contracts BRL Option contracts JPY Trading Foreign exchange Forward contracts USD Forward contracts GBP Forward contracts INR Forward contracts MAD Forward contracts CNY Forward contracts DKK Forward contracts CHF Forward contracts MYR Forward contracts RON Forward contracts PLN Forward contracts MXN
-4.4 -0.6
45.1
-7.5
40.4
-11.3
-
-
3.5 0.1 0.6
72.9
4.9 0.1
81.5
2.5
3.4
20.4
-
-
-0.2 -0.4 -0.9 -0.2 -0.4
5.9 4.2
-0.1 -1.3
0.1
52.3
51.9
0.1
2.5
4.0
-0.2
19.4
23.6
0.4 0.8
2.5
- - - -
- - - -
25.1
-0.0
2.6 2.9 0.2
E
0.1
-0.1 -0.3 -0.1
-0.1
0.5
-13.3
- -
- -
1.3
-
-
-2.0 -0.2
6.3 1.6
-0.0
0.3
1.2
40.8 -2.5 13.4
0.0
16.2
-0.1
-
-
1.6 0.0
3.0
49.7
2.2 0.4 0.4
- - - - - - - -
- - - - - - - -
-
0.0
-0.0 -0.0 -0.0 -0.1
-3.8 -0.7
1.0 1.8 2.5
0.1
of tax) over the year. The net amount of cash flow hedge reserve at December 31, 2016 was €+1.5 million (net of tax), with a variation of €+3.6 million (net
Atos | Registration Document 2016
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