2021 Universal Registration Document

5 2021 CONSOLIDATED FINANCIAL STATEMENTS Notes to the consolidated financial statements

Following the arrangement in July 2019 of a €250 million Euro PP fixed-rate bond issue with maturities of 7 and 8 years, the Group restructured its portfolio of interest rate hedges to secure lower rates over longer maturities, as detailed below:

Fair value

31/12/2021

Maturity

Non- current liabilities

Non- current assets

Current liabilities

1 to 5 years >5 years

Current assets

<1 year

Maturity

(in millions of euros)

Swap (cash flow hedge) in euros Swap (cash flow hedge) in foreign currency

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Options eligible for hedge accounting in euros Options eligible for hedge accounting in foreign currency Swaps not eligible for hedge accounting in euros Options not eligible for hedge accounting in euros TOTAL INTEREST RATE HEDGES

0.6

-

0.3

-

150.0

-

150.0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

- -

-

- -

-

- -

-

- -

0.6

0.3

150.0

150.0

The remeasurement of these financial instruments in equity is recognised in Other comprehensive income. The remeasurement of these financial instruments in profit or loss is recognised in Other financial income and expenses . The profit or loss and equity impacts of the Group’s interest rate hedging instruments are as follows:

Balance sheet amounts

Changes in fair value

Changes in fair value

Changes in scope

Other changes

Equity impact

31/12/2020

31/12/2021

Profit or loss impact

Ineffective portion of cash flow hedges

Fair value

hedges Trading

(in millions of euros)

Swap (cash flow hedge) in euros Swap (cash flow hedge) in foreign currency Options eligible for hedge accounting in euros Options eligible for hedge accounting in foreign currency Swaps not eligible for hedge accounting in euros Options not eligible for hedge accounting in foreign currency

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.7

1.0

-

-

0.3

1.2

-0.2

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.1

0.1

-

-

-

-

-

-

0.1

TOTAL PRE-TAX IMPACT

-0.8

1.1

-

-

0.3

1.2

-0.2

-

0.1

217

SOPRA STERIA UNIVERSAL REGISTRATION DOCUMENT 2021

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