PERNOD RICARD - 2018-2019 Universal registration document

6.

CONSOLIDATED FINANCIAL STATEMENTS Notes to the consolidated financial statements

Bonds 7.

Carrying amount at 30.06.2019 € million

Interest rate

Issue date 20.03.2014 07.04.2011 26.01.2016 25.10.2011 12.01.2012 28.09.2015 29.09.2014 17.05.2016 08.06.2016 12.01.2012

Maturity 22.06.2020 07.04.2021 26.01.2021 15.01.2022 15.07.2022 28.09.2023 27.09.2024 18.05.2026 08.06.2026 15.01.2042

Nominal amount EUR 850 million USD 1,000 million USD 201 million USD 1,500 million USD 800 million EUR 500 million EUR 650 million EUR 600 million USD 600 million USD 850 million TOTAL BONDS

2.00%

849 888

5.75%

Spread +6-month LIBOR

180

4.45% 4.25% 1.88% 2.13% 1.50% 3.25% 5.50%

1,350

721

496 658 599

522 752

7,015

Offsetting of financial assets and financial liabilities 8. The table below shows the amounts of financial assets and financial liabilities before and after offsetting.

The amounts offset in the balance sheet were established in accordance with IAS 32. Accordingly, financial assets and financial liabilities are offset and the net amount is shown in the balance sheet if and only if the Group has a legally enforceable right to offset the recognised amounts, and if it intends to settle the net amount. The assets and liabilities offset stem from the multi-currency cash pooling implemented within the Group.

Impact of master netting agreements and similar agreements

Amounts offset in the balance sheet

Financial instruments received as collateral

Gross financial assets

Net amounts in the balance sheet

Net amounts under IFRS 7

At 30 June 2018 € million

Assets Cash and cash equivalents

1,026

(272)

754

-

-

-

Liabilities and shareholders’ equity Bank debt

1,094

(272)

822

-

-

-

Impact of master netting agreements and similar agreements

Amounts offset in the balance sheet

Net amounts in the balance sheet

Financial instruments received as collateral

Gross financial assets

Net amounts under IFRS 7

At 30.06.2019 € million

Assets Cash and cash equivalents

1,044

(121)

923

-

-

-

Liabilities and shareholders’ equity Bank debt

661

(121)

540

-

-

-

190

2018-2019

PERNOD RICARD UNIVERSAL REGISTRATIONDOCUMENT