LEGRAND / 2018 Registration document
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CONSOLIDATED FINANCIAL INFORMATION CONCERNING THE GROUP’S ASSETS, LIABILITIES, FINANCIAL POSITION AND RESULTS
CONSOLIDATED FINANCIAL STATEMENTS IN ACCORDANCE WITH IFRS FOR THE YEARS ENDED DECEMBER 31, 2018 AND DECEMBER 31, 2017
Long-term borrowings (excluding debt issuance costs) break down by currency as follows, after hedging (see Note 5.1.2.2):
December 31, 2018
December 31, 2017
(in € millions)
Euro
2,455.8
2,027.9
US dollar
373.2
327.8
Other currencies
105.2
115.9
LONG-TERM BORROWINGS EXCLUDING DEBT ISSUANCE COSTS
2,934.2
2,471.6
Long-term borrowings (excluding debt issuance costs) as of December 31, 2018 can be analyzed by maturity as follows:
Bonds
Yankee bonds Other borrowings
(in € millions)
Due in one to two years
0.0
0.0
14.6
Due in two to three years
0.0
0.0
25.8
Due in three to four years
400.0
0.0
42.1
Due in four to five years
400.0
0.0
11.2
Due beyond five years
1,700.0
340.4
0.1
LONG-TERM BORROWINGS EXCLUDING DEBT ISSUANCE COSTS
2,500.0
340.4
93.8
Long-term borrowings (excluding debt issuance costs) as of December 31, 2017 can be analyzed by maturity as follows:
Bonds
Yankee bonds Other borrowings
(in € millions)
Due in one to two years
0.0
0.0
10.6
Due in two to three years
0.0
0.0
12.3
Due in three to four years
0.0
0.0
11.0
Due in four to five years
400.0
0.0
11.2
Due beyond five years
1,700.0
324.4
2.1
LONG-TERM BORROWINGS EXCLUDING DEBT ISSUANCE COSTS
2,100.0
324.4
47.2
Average interest rates on borrowings are as follows:
12 months ended
December 31, 2018
December 31, 2017
Bonds
1.65%
2.34%
Yankee bonds
8.50%
8.50%
Other borrowings
2.87%
2.68%
4.6.2 Short-term borrowings Short-term borrowings can be analyzed as follows:
December 31, 2018
December 31, 2017
(in € millions)
Bonds
0.0
400.0
Negotiable commercial paper
363.5
120.0
Other borrowings
37.0
65.4
TOTAL
400.5
585.4
292
LEGRAND
REGISTRATION DOCUMENT 2018
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