PERNOD-RICARD_REGISTRATION_DOCUMENT_2017-2018

5

CONSOLIDATED FINANCIAL STATEMENTS NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

Financial instruments Note 4.9 Fair value of financial instruments 1.

Breakdown by accounting classification

30.06.2017

Fair value – shareholders’ equity

Liabilities at amortised cost

Measurement level

Fair value – profit

Loans and receivables

Balance sheet value Fair value

€ million

Assets Available-for-sale financial assets

Level 3

-

17

-

-

17

17

Guarantees, deposits, investment-related receivables Trade receivables and other operating receivables Derivative instruments – assets Cash and cash equivalents Liabilities and shareholders’ equity Bonds Other current assets

111

-

111

-

-

111

- -

- - - - - - - -

1,134

- - - -

1,134

1,134

270

270

270

Level 2 Level 1

50

- -

50

50

677

677

677

- - -

- - - -

6,993 1,513

6,993 1,513

7,462 1,513

Bank debt

Finance lease debt

38

38 57

38 57

Derivative instruments – liabilities

Level 2

57

-

Breakdown by accounting classification

30.06.2018

Fair value – shareholders’ equity

Liabilities at amortised cost

Measurement level

Fair value – profit

Loans and receivables

Balance sheet value Fair value

€ million

Assets Available-for-sale financial assets

Level 3

-

13

-

-

13

13

Guarantees, deposits, investment-related receivables Trade receivables and other operating receivables Derivative instruments – assets Cash and cash equivalents Liabilities and shareholders’ equity Bonds Other current assets

108

-

108

-

-

108

- -

- - - - - - - -

1,122

- - - -

1,122

1,122

280

280

280

Level 2 Level 1

19

- -

19

19

754

754

754

- - -

- - - -

6,869

6,869

7,175

Bank debt

791

791

791

Finance lease debt

31

31 43

31 43

Derivative instruments – liabilities

Level 2

43

-

184

PERNOD RICARD REGISTRATION DOCUMENT 2017/2018