PERNOD-RICARD_REGISTRATION_DOCUMENT_2017-2018
5
CONSOLIDATED FINANCIAL STATEMENTS NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Breakdown of debt by currency before and after foreign exchange hedging instruments on 30 June 2017 2. and 30 June 2018
Gross financial debt
Amount hedged
Debt after hedging
Net debt after hedging
% debt after hedging
% Net debt after hedging
At 30.06.2017 € million
Cash (139)
EUR USD GBP SEK
3,758 4,720
165 (28)
3,923 4,693
3,784 4,660
46% 55%
48% 59%
(33) (27)
5 9
(1)
5
(22) (84)
(86) (67) (17)
(78) (15)
(6)
-1%
-1% -6%
Other currencies
52
(472) (677)
(487) 7,851
0%
FINANCIAL DEBT BY CURRENCY
8,545
8,528
100% 100%
Gross financial debt
Net debt after hedging
% Net debt after hedging
Amount hedged
Debt after hedging
% debt after hedging
At 30.06.2018 € million
Cash (221)
EUR USD GBP SEK
3,521 4,174
281 (98) (92)
3,802 4,076 (117)
3,580 4,068 (118)
49% 53% -2% -0%
51% 58% -2% -0% -8%
(8) (1)
(25)
(9) 31
-
(9)
0
(9)
Other currencies
(67)
(36)
(523) (754)
(559) 6,962
0%
FINANCIAL DEBT BY CURRENCY
7,691
25
7,716
100% 100%
Breakdown of debt by currency and type of rate hedging on 30 June 2017 and 30 June 2018 3.
% (fixed-rate + capped floating-rate debt)/ debt after hedging
% (fixed-rate + capped floating-rate debt)/ Net debt
Debt after hedging by currency
Capped floating-rate debt
Fixed-rate debt (1)
Floating-rate debt
At 30.06.2017 € million
Cash (139)
EUR USD GBP SEK
3,923 4,693
2,649 3,169
- - - - - -
1,274 1,523
68% 68% N.M. N.M. N.M. 68%
70% 68% N.M. N.M. N.M. 74%
(33) (27)
5
- - -
5
(78) (15)
(78) (15)
(6)
Other currencies
(472) (677)
TOTAL
8,528
5,819
2,709
Hedges for accounting purposes and other derivatives. (1) .: not material. N.M.
% (fixed-rate + capped floating-rate debt)/ debt after hedging
% (fixed-rate + capped floating-rate debt)/ Net debt
Debt after hedging by currency
Capped floating-rate debt
Fixed-rate debt (1)
Floating-rate debt
At 30.06.2018 € million
Cash (221)
EUR USD GBP SEK
3,802 4,076 (117)
2,655 3,406
- - - - - -
1,147
70% 84% N.M. N.M. N.M. 79%
74% 84% N.M. N.M. N.M. 87%
670
(8) (1)
- -
(117)
(9)
(9)
0
Other currencies
(36)
22
(58)
(523) (754)
TOTAL
7,716
6,084
1,633
Hedges for accounting purposes and other derivatives. (1) N.M.: not material.
181
PERNOD RICARD REGISTRATION DOCUMENT 2017/2018
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