NEOPOST - 2018 Registration document
6
Financial statements
Neopost S.A. statements of financial position
2018 FINANCIAL YEAR – POSITIONS AND COMMITMENTS TO SUBSIDIARIES HEDGING
Forward purchases
Forward sales
Put options bought
Put options sold
Call options bought
Call options sold
Notional value – Cash flow hedging
USD
4.5
14.5
-
-
-
-
GBP
2.7
2.7
-
-
-
-
CAD
-
0.8
-
-
-
-
NOK
3.5
6.5
-
-
-
-
JPY
-
336.5
-
-
-
-
SEK
11.9
15.0
-
-
-
-
CHF
1.3
-
-
-
-
-
DKK
6.4
-
-
-
-
-
CZK
30.0
-
-
-
-
-
SGD
-
5.5
-
-
-
-
AUD
1.5
3.5
-
-
-
-
PLN
-
0.2
-
-
-
-
2019 BUDGET – HEDGING OF ANTICIPATED ASSETS AND LIABILITIES POSITIONS
Forward purchases
Forward sales
Put options bought
Put options sold
Call options bought
Call options sold
Notional value – Total
USD
-
3.5
15.5
-
-
19.5
GBP
-
2.0
2.5
-
-
4.9
CAD
-
0.9
-
-
-
-
JPY
-
105.0
180.0
-
-
320.0
CZK
120.0
-
-
80.0
40.0
-
Instrument valuations Hedging instruments relating to the 2018 financial year, i.e. hedging assets and liabilities on the balance sheet as at 31 January 2019, have been fully valued and recognized at their market value at 31 January 2019.
Financial instruments relating to the 2019 budget have not been valued in Neopost S.A.’s financial statements.
Exchange rate deal counterparty risk Operations are carried out with first ranked international banks that take part in the revolving credit facility.
Hedging of foreign-currency loans and current account advances
Loan/borrowing/short-term advance
Notional amount of financial instruments
Subsidiary
Currency
Amount
Neopost USA Inc. (a)
Short term advance
USD
(117.9)
Mail Finance Inc. (a)
Short term loan
USD
1.8
Mail Finance Inc. (a)
Loan
USD
180.0
Mail Finance Inc. (a)
Loan
USD
145.0
Mailroom Holding Inc. (a)
Loan
USD
14.0
Mailroom Holding Inc. (a)
Short term Loan
USD
33.1
Mailroom Finance Inc. (a)
Short term loan
USD
28.2
Mailroom Finance Inc. (a)
Loan
USD
25.0
Proship Inc. (a)
Short term loan
USD
9.3
Temando LLC (a)
Short term loan
USD
7.2
Neopost International Supply Ltd (a)
Short term loan
USD
0.4
Quadient Group AG (a)
Short term loan
USD
8.9
Short term advance
USD
(2.0)
Neopost Supply Hong Kong (a)
Quadient Canada Inc (a)
Short term loan
USD
4.2
Quadient Singapore Pte Ltd (a)
Short term loan
USD
1.3
196
REGISTRATION DOCUMENT 2018 / NEOPOST
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