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

R NOTE 5 – OTHER INFORMATION

5.1

FINANCIAL INSTRUMENTS AND MANAGEMENT OF FINANCIAL RISKS

5.1.1 Financial instruments

5.1.1.1 Impact of financial instruments

12 months ended

December 31, 2018

December 31, 2017

Impact on equity

Impact on financial profit (loss)

Translation adjustment

Impact on financial

Fair value

profit (loss) Impact on equity

Other investments Trade receivables

4.8

0.0

0.0 0.0

(0.9) 10.9

(0.8) 11.1

Cash and cash equivalents

(1.8)

(66.1)

Trade payables

0.0

0.0

Borrowings Derivatives

(74.2)

(15.5)

(80.0)

44.9

8.5

1.1

1.9

3.9

TOTAL

(55.8)

4.8

(16.2)

(67.8)

(17.3)

In accordance with IFRS 9, other investments are valued at fair value through equity. Therefore, changes in the fair value of other investments only impact the consolidated balance sheet and the consolidated statement of comprehensive income.

Yankee bonds denominated in US dollars and the derivative financial instrument denominated in British pounds are treated as net investment hedges (see Note 4.3.2).

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LEGRAND

REGISTRATION DOCUMENT 2018