HERMÈS - 2020 Universal registration document

5

CONSOLIDATED FINANCIAL STATEMENTS NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

Market value of the contracts at 31 December 2019 1

Nominal amounts of derivatives

Nominal amounts of derivatives used to hedge foreign exchange risk

Future cash flow hedge

Fair value hedge

Unallocated

Total

In millions of euros

Options purchased US dollar puts US dollar collars Chinese yuan puts Chinese yuan collars Japanese yen puts Japanese yen collars Singapore dollar puts Singapore dollar collars Hong Kong dollar puts Hong Kong dollar collars

50.7

50.7

1.3 4.5 0.9 4.2 0.6 2.7 0.7 1.6 0.7 2.3

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

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

1.3 4.5 0.9 4.2 0.6 2.7 0.7 1.6 0.7 2.3

279.0

279.0

20.0

20.0

220.4

220.4

32.1

32.1

236.8

236.8

46.8

46.8

232.1

232.1

32.6

32.6

177.8

177.8

1,328.3

1,328.3

19.5

19.5

Forward currency agreements 2 US dollar

339.2

339.2

(3.5)

(0.2)

(3.7)

Euro 3

(336.6)

(336.6)

6.4

(0.1)

6.3

Chinese yuan

249.4 148.5 134.1 130.9 126.6

249.4 148.5 134.1 130.9 126.6

(3.3) (6.9) (6.0) (5.8) (0.8) (1.6) (1.8)

(3.3) (6.9) (6.0) (5.8) (0.8) (1.6) (1.8)

Singapore dollar Hong Kong dollar Pound sterling

Japanese yen

Swiss franc

59.1 48.5 45.6 41.2 81.1

59.1 48.5 45.6 41.2 81.1

Canadian dollar Australian dollar

0.9

0.9

Thai baht

(1.7) (5.1)

(1.7) (5.1)

Other currencies

1,067.6

1,067.6

(29.2)

(0.2)

(0.1)

(29.5)

Currency swaps 2 US dollar

14.3

(7.9)

(0.0)

0.3

0.3 0.1 0.0 0.2 0.0

Chinese yuan

140.3

141.0

0.1 0.0 0.2 0.0

- - - - -

Singapore dollar Hong Kong dollar Japanese yen Australian dollar Other currencies

22.8 22.1 22.6 61.5 49.3

22.8 22.1 21.1 62.2 45.8

(1.1) (0.1) (0.9)

(1.0) (0.2) (0.6)

(0.0)

332.9

307.1

0.3 0.2

TOTAL

2,728.8

2,703.1

(10.6)

(0.2)

(10.6)

Gain/(Loss). (1) Sale/(Purchase). (2) Euro foreign exchange rate risk for subsidiaries that have a different functional currency. Exceptionally, this may also include internal transactions in euros, excluding (3) sales of goods, with subsidiaries that have a different functional currency.

384 2020 UNIVERSAL REGISTRATION DOCUMENT HERMÈS INTERNATIONAL