LOREAL_Registration_Document_2017

2017 Parent Company Financial Statements * NOTES TO THE PARENT COMPANY FINANCIAL STATEMENTS

Derivative financial instruments NOTE 22

Derivative financial instruments can be broken down as follows:

Notional

Market value

31.12.2017

31.12.2017

31.12.2016 31.12.2015

31.12.2016 31.12.2015

€ millions

Purchase of EUR against foreign currencies EUR/CNY

319.1 198.1

256.7 218.2

224.0 227.6

-0.9 -3.1

-2.1

- 7.9 26.0 -0.5

EUR/RUB EUR/KRW EUR/BRL EUR/GBP EUR/USD EUR/THB EUR/TWD EUR/IDR EUR/ZAR EUR/CAD EUR/AUD EUR/MYR EUR/INR EUR/CLP EUR/TRY EUR/PEN EUR/PLN EUR/SEK EUR/RSD EUR/CHF EUR/HKD EUR/NOK EUR/PHP EUR/DKK

-44.1

63.9 58.5 42.4 43.5 41.4 37.9 29.9 22.1 23.7 17.1 16.7 17.4 10.4

61.4 56.2 49.9 43.8 35.8 35.2 31.6 27.6 25.2 18.6 14.6 13.0 10.9

46.0 57.3 55.3 31.1 37.0 26.6 27.0 21.8 18.9 13.9 14.2 10.0 5.3

0.2 2.2 0.8 2.1 0.1 1.0 0.7

0.0

-14,8

6.6

2.9

- 0.8

-3.8 -1.9 -2.1 -3.0 -3.5 - 0.8 -0.5

2.7

-0.7

0.3

-1.5

-1.8

4.1 1.4

0.5 0.5

-0.1

-0.4 -0.5 -0.3 0.4 0.1 0.0 0.1 0.4 0.0 0.2 0.1 0.0 0.4 -0.4

0.4

1.0

-1.7 -1.0

- 0.8

5

0.3

8.6 6.5 0.0 7.3 7.8 5.7 0.0 5.2 5.7 4.4

9.1 4.2 8.7 7.2 7.1 7.0 6.3 5.8 5.3 5.3

6.7 3.2 9.6 6.7 7.3 9.1 0.0 5.3 5.8 5.3

0.5

-0.1

-0.4

0.0 0.1

0.1 0.1

-0.1 -0.3

-0.2 -0.1 -0.4 -0.2 -0.1

0.2 0.0 0.4

-0.1 -0.1

0.0

EUR/Other currencies

30.2

26.7

22.6

-1.0

0.0

Sale of EUR against foreign currencies EUR/JPY

20.7 14.9 31.6

24.5 11.2

27.2 15.9

-1.8 -0.1

-0.5

0.9

EUR/SGD EUR/PLN EUR/HKD

0.0 0.0 0.0

-0.2

0.0 0.0

0.0 2.9

0.8

0.0 0.2

7.5

-0.6

Purchase of USD against foreign currencies USD/BRL

50.6 58.4 21.0 20.3 18.5 15.4 17.6 16.3

70.3 57.7 30.8 21.8 20.2 20.1 18.0 17.4 12.1

67.4 55.9 25.7 21.8 21.2 19.0 12.0 18.3 11.3

-0.1 -2.8 -1.1 -1.5 -0.4 -0.5 -0.5 -0.5 -0.5 -0.8 -0.3

-9.8

9.3 1.3 0.7 2.1 0.9 0.8 0.2 1.4 0.8 0.0 -0.1

USD/THB USD/KRW USD/MYR USD/TWD USD/PEN USD/PHP USD/INR USD/RUB USD/ZAR

0.7 1.7 1.7 0.2

-0.5

0.7

-0.7 -1.6 -0.4

6.3 5.8 8.9

6.4 0.0

5.1 0.0

USD/Other currencies

0.0

Sale of USD against foreign currencies USD/CNY

46.1

57.3

57.1

1.4 0.0

-3.9

-2.0

USD/IDR

0.0

3.2

3.7

0.1

0.1

Other currencies pairs JPY/CNY

21.5 14.9

20.1 13.7

14.8 13.0

-1.7

-0.5 -2.9 -0.3 -0.6 -0.2 -0.1

0.1 1.5 0.2 0.4

PLN/RUB JPY/KRW JPY/TWD SGD/THB

0.3

7.3 6.5 5.7

8.4 6.1 3.0

4.9 6.2 1.9

-0.6 -0.3 -0.2 -0.5 -9.9

-0.1

Other currencies

10.0

10.0

10.5

0.2

Currency futures total

1,449.3

1,423.7

1,313.5

-94.6

49.0

REGISTRATION DOCUMENT / L'ORÉAL 2017

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