HERMES_REGISTRATION_DOCUMENT_2017

PARENT COMPANY FINANCIAL STATEMENTS

NOTE TO THE FINANCIAL STATEMENTS

Nominal amounts of derivatives used to hedge foreign exchange risk

Market value of the contracts as at 31/12/2016 1

Nominal amounts of derivatives

In millions of euros

Options purchased US dollar put US dollar collar Japanese yen put Japanese yen collar Hong Kong dollar put Hong Kong dollar collar Singapore dollar put Singapore dollar collar Chinese yuan put Chinese yuan collar

36.5

36.5

0.5

182.7

182.7

(1.8)

22.7

22.7

1.2 3.2 0.4 0.6 2.7 0.8 4.1

100.5

100.5

23.5

23.5

117.5

117.5

(0.9)

20.4

20.4

132.5

132.5

12.6 82.0

12.6 82.0

730.8

730.8

10.7

Forward currency agreements 2 US dollar

(209.4) (116.7) (137.8) (147.2)

(195.1) (116.7) (137.8) (147.2)

12.6 (1.4)

Yen

Hong Kong dollar Singapore dollar

8.0 3.1 0.5

Yuan

(90.5)

(90.5)

Swiss franc

7.9 2.4 1.7 1.4

7.9 2.4 1.7 1.6

(0.1)

Pound sterling Australian dollar

0.2

(0.1) (0.1) 22.7

Other

(688.2)

(673.8)

Currency swaps 2 US dollar

(88.7)

(112.3)

(0.9)

Yen

0.1

0.1

0.0

6

Hong Kong dollar Singapore dollar

(103.3)

(103.5)

(0.1)

2.0 4.1 2.9

2.0 3.5 2.9

0.0

Yuan

(0.0) (0.0) (0.6) (0.0) (0.0) (1.6) 31.7

Swiss franc

Pound sterling Australian dollar

(30.3)

(30.3)

(2.0)

(2.0)

Other

0.6

2.1

(214.5) (171.9)

(237.4) (180.5)

TOTAL

(1) Gain/(Loss). (2) (Purchase)/Sale.

2017 REGISTRATION DOCUMENT HERMÈS INTERNATIONAL

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