Hermès // 2021 Universal Registration Document
PARENT COMPANY FINANCIAL STATEMENTS NOTES TO THE FINANCIAL STATEMENTS
Nominal amounts of derivatives used to hedge foreign exchange risk
Nominal amounts of derivatives
Market value of contracts as at 31/12/2020 1
In millions of euros
Options purchased US dollar puts US dollar collars Hong Kong dollar puts Hong Kong dollar collars Chinese yuan puts Chinese yuan collars Japanese yen puts Japanese yen collars Singapore dollar puts Singapore dollar collars
69
69
5
146
146
14
51
51
4
111
111
10
94
94
3 8 2 8 2 6
227
227
49
49
156
156
67
67
145
145
1,115
1,115
64
Forward foreign exchange contracts 2 Chinese yuan
(308) (206) (200) (195) (158)
(308) (206) (203) (192) (162)
2
Singapore dollar
(4)
US dollar
(13)
Japanese yen
(8)
Hong Kong dollar
(10)
Other
24
24
0
(1,044)
(1,048)
(34)
Currency swaps 2 Australian dollar Hong Kong dollar Singapore dollar
46 44
47 33
(1)
0 0
(37) (18)
(37) (22)
US dollar
(0) (0)
Chinese yuan Japanese yen
14
15 (8) 59 86
0
0
Other
70
(0) (1) 29
118 189
TOTAL
153
Gain/(Loss). (1) (Purchase)/Sale. (2)
6
2021 UNIVERSAL REGISTRATION DOCUMENT HERMÈS INTERNATIONAL
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