SOMFY_ANNUAL_FINANCIAL_REPORT_2017

08 PARENT COMPANY FINANCIAL STATEMENTS

MARKET VALUE OF DERIVATIVES NOTE 15 —

FOREIGN EXCHANGE RISK NOTE 15.1

At 31/12/17 € thousands

Hedging of balance sheet items

Hedging of off-balance sheet items

Total

Fair value

Types

1,434 2,394

AUD CAD CHF CNY GBP HKD NOK PLN RUB SEK SGD THB TRY USD ILS JPY AUD CAD CHF CNY GBP HKD NOK PLN RUB SEK SGD THB USD ILS JPY

1,434

–

43 39 28

Forward sale Forward sale Forward sale

964 427

1,430

427

–

–17,298

–8,585

–8,713

265

Forward purchase

4,396

1,183

3,212

17

Forward sale

467

320 961 444 549 551 173 511

147

21 Forward sale and put swap

3,915

2,954

–4 43 70

Forward sale Forward sale Forward sale

444

–

1,413

864

551 677 511 749 312 880

–

7 Forward purchase and put swap

504

–3

Forward sale

–

4 Forward sale and put swap

94 26

655 286

–6 –3

Forward sale Forward sale Forward sale

880

–

–36

–834

–

–834

–3

Call swap

–68

506

437

483

At 31/12/16 € thousands

Hedging of balance sheet items

Hedging of off-balance sheet items

Total

Fair value

Types

4,511 1,673 3,882 3,613 2,054 3,588 4,157 1,855 1,257 1,293 –9,699

2,368

2,143 1,017 2,816 1,092 1,157 2,204 2,407 1,633 –5,826

–86 Forward sale and purchase

656

–45 –43

Forward sale Forward sale

1,066

–3,873

92 26

Forward purchase

2,521

Forward sale Forward sale Forward sale Forward sale Forward sale Forward sale Forward sale Forward sale Forward sale

896

–111 –158

1,384 1,750

221 Forward sale and purchase

223

–29

1,257

–

13

403 264 133 115

890 526 401

–148

791 534 167

–15

–1 –7

51

1,665

2,103

–438

–82 Forward sale and purchase

11,266

10,073

21,339

–375

127

SOMFY – ANNUAL FINANCIAL REPORT 2017