PERNOD RICARD - 2018-2019 Universal registration document

6.

CONSOLIDATED FINANCIAL STATEMENTS Notes to the consolidated financial statements

Breakdown of net financial debt by type andmaturity 1.

30.06.2019

30.06.2018

Current Non-current

Total

Current Non-current

Total

€ million

Bonds

93

6,777 6,869

944

6,071 7,015

Syndicated loan Commercial paper

-

- -

-

- -

- -

- -

280

280 542 822

Other loans and financial debts Other financial liabilities GROSS FINANCIALDEBT

80

463

177

363

540 540

360

463

177

363

452

7,239 7,691

1,121

6,434 7,555

Fair value hedging derivative instruments – assets Fair value hedging derivative instruments – liabilities Fair value hedging derivative instruments Net investment hedging derivative instruments – assets Net investment hedging derivative instruments – liabilities

- - - - - -

-

-

- - - - - - -

(13)

(13)

25

25

2

2

25

25

(12)

(12)

- - - - - -

- - -

- - - - - -

- - - -

Net investment hedge derivatives

Net assets hedging derivative instruments – assets Net asset hedging derivative instruments - liabilities Net assets hedging derivative instruments

(1)

(1)

-

-

0 0

0 0

(1)

(1)

FINANCIALDEBT AFTERHEDGING

452

7,265

7,716 (754)

1,121 (923)

6,422 7,543

Cash and cash equivalents NET FINANCIALDEBT

(754) (303)

-

-

(923)

7,265 6,962

198

6,422 6,620

The analysis of the change in net financial debt based on the changes in cash and non-cash is described below:

Changes in cash flows

Changes in cash flows with no cash impact

Foreign Exchange impact

Total cash

Change in fair value Other items

30.06.2019

30.06.2018

flow Scope

€ million

Bonds

6,869

12

- - - - - - - - - - - - -

101

33

- - - 1 1 - - - - - 1

7,015

Syndicated loan Commercial paper

0

-

- -

- - -

0 0

280 542

(280)

Other loans and financial debts GROSS FINANCIALDEBT

(1)

(2)

540

7,691

(269)

100

33

7,555

Fair value hedging derivative instruments – assets Fair value hedging derivative instruments – liabilities Fair value hedging derivative instruments Net assets hedging derivative instruments – assets Net assets hedging derivative instruments FINANCIALDEBT AFTERHEDGING

-

-

-

(13)

(13)

25

- - - -

- - - -

(24) (37)

2

25 (1) (1)

(12)

0 0

0 0

7,716 (754)

(269) (151) (421)

100

(4)

7,543 (923)

Cash and cash equivalents NET FINANCIALDEBT

(1) 98

-

(16) (15)

6,962

(4)

6,620

187

2018-2019

PERNOD RICARD UNIVERSAL REGISTRATIONDOCUMENT