LEGRAND_REGISTRATION_DOCUMENT_2017
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, 2017 and December 31, 2016
Long-term borrowings (excluding debt issuance costs) break down by currency as follows, after hedging (see Note 5.1.2.2):
December 31, 2017
December 31, 2016
(in € millions)
Euro
2,027.9
934.1
US dollar
327.8
485.0
Other currencies
115.9
138.2
LONG-TERM BORROWINGS EXCLUDING DEBT ISSUANCE COSTS
2,471.6
1,557.3
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
Long-term borrowings (excluding debt issuance costs) as of December 31, 2016 can be analyzed by maturity as follows:
Bonds
Yankee bonds Other borrowings
(in € millions)
Due in one to two years
400.0
0.0
48.8
Due in two to three years
0.0
0.0
16.4
Due in three to four years
0.0
0.0
9.3
Due in four to five years
0.0
0.0
10.5
Due beyond five years
700.0
368.8
3.5
LONG-TERM BORROWINGS EXCLUDING DEBT ISSUANCE COSTS
1,100.0
368.8
88.5
Average interest rates on borrowings are as follows:
12 months ended
08
December 31, 2017
December 31, 2016
Bonds
2.34%
3.33%
Yankee bonds
8.50%
8.50%
Other borrowings
2.68%
2.62%
4.6.2 Short-term borrowings Short-term borrowings can be analyzed as follows:
December 31, 2017
December 31, 2016
(in € millions)
Bonds
400.0
300.0
Negotiable commercial paper
120.0
15.0
Other borrowings
65.4
31.4
TOTAL
585.4
346.4
263
REGISTRATION DOCUMENT 2017 - LEGRAND
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