Derichebourg // 2020-2021 Universal Registration Document

5

Financial and accounting information Consolidated financial statements at September 30, 2021 Notes

Foreign exchange risk 4.12.4 Exchange rates used

2021

2020

Foreign currencies

Year-end

Average

Year-end

Average

In euros

Canada

CAD CNY USD MXN

1.4750 7.4847 1.1579 23.7439

1.5117 7.7803 1.1957 24.1862

1.5676 7.9720 1.1708 26.1848 0.9124 9.0990

1.5063 7.8460 1.1199 23.7171 0.8785 7.2972

China

United States

Mexico

United Kingdom

GBP TRY

Turkey

Generally, the Group’s revenue is generated in the same currency as the related costs. Accordingly, the Group has little exposure to foreign exchange risk, and business transactions made in a non-local currency (mostly dollar-denominated exports from France) are generally hedged with forward contracts. Euro movements against the US dollar do,

however, have a significant impact on the translation of Environmental

Services division revenue and operating income into euros.

The Group uses foreign exchange forward contracts to hedge its foreign exchange risk.

In millions of currency

USD

Forward purchases Forward sales

53.9

Trade receivables, tax receivables and other current assets by currency

Receivables at 09-30-21

Receivables at 09-30-20

Local currency

Euro

%

Local currency

Euro

%

In millions of currency

CAD CNY

5.6 6.3

3.8 0.8

1%

4.2 0.5

2.7 0.1

1% 0%

%

EUR

437.4 132.4

437.4

91%

369.0

369.0

97%

MXN

5.6

1% 7%

54.8

2.1 8.4

1% 2%

USD

39.5

34.1

9.9

Total

481.7

100%

382.3

100%

Trade payables, tax liabilities and other current liabilities

Payables at 09-30-21

Payables at 09-30-20

Local currency

Euro

%

Local currency

Euro

%

In millions of currency

CAD CNY

3.8 1.2

2.6 0.2

% %

1.8 0.2

1.1

0% 0%

EUR

644.3

644.3

98%

523.0

523.0

99%

MXN

75.6

3.2 8.3

%

33.5

1.3 5.0

0% 1%

USD

9.6

2%

5.8

Total

658.4

100%

530.4

100%

DERICHEBOURG 2020/2021 Universal Registration Document 165