HERMÈS - 2018 Registration document

Consolidated financial statements Notes to the consolidated financial statements

Nominal amounts of derivatives used to hedge foreign exchange risk

Market value of the contracts as at 31 December 2017 1

Nominal amounts of derivatives

Future cash flow

hedge Fair value hedge

Unallocated

TOTAL

In millions of euros

South Korean won

(10.5)

(10.5)

0.3 0.7 0.7

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

- - - - - -

0.3 0.7 0.7

Brazilian real Mexican peso

10.0

10.0

9.2

9.2

Malaysian ringgit

11.4

11.4

(0.4)

(0.4)

Danish krone

7.7 7.0 6.8

7.7 7.0 6.8

0.0 0.5

0.0 0.5

Turkish lira

Other

(0.3) 30.9

(0.0) (0.0)

(0.3) 30.9

986.3

984.6

Currency swaps 2 US dollar

(111.5)

(119.5)

(0.6)

0.2

(0.5)

Yuan

88.2 25.0 45.5 32.8 12.9

85.9 22.3 45.9 32.8 12.9

0.2 0.3 0.3 0.7

(0.0)

0.2 0.3 0.3 0.7

Yen

0.0

Singapore dollar Hong Kong dollar

(0.0)

0.0

(0.0)

-

(0.0)

Euro 3

Pound sterling Canadian dollar

(65.1)

(71.2)

0.4

0.0

0.4

5.2 3.2 3.2 8.9 7.3 3.2

5.2 2.9 3.2 4.8 7.0 2.8

(0.0)

-

(0.0)

Thai baht

0.0

0.0

0.0

Rouble

(0.0)

-

(0.0)

Swiss franc Danish krone

0.0 0.0 0.0 1.2

0.0 0.0 0.0 0.2 0.2

0.0 0.0 0.0 1.4

Other

5

59.0

35.0

- -

TOTAL

1,693.4

1,667.8

83.5

83.7

(1) Gain/(Loss). (2) Sales/(Purchases). (3) Euro foreign exchange risk for subsidiaries having a different functional currency.

2018 REGISTRATION DOCUMENT HERMÈS INTERNATIONAL

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