PERNOD-RICARD - URD 2020-21

____ 6. CONSOLIDATED FINANCIAL STATEMENTS NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

Hedging instruments (by risk category and nature of hedge)

Notional amount of contracts

Fair value

Description of the financial instrument

> 1 year and < 5 years

Type of hedge at 30.06.2020 € million

> 5 years

< 1 year

Total

Assets Liabilities

Fair value hedge

44

-

Interest rate risk hedges

Swaps

357

536

179 1,072

44

-

Cross currency swaps

Interest rate and currency risk hedges

-

-

-

-

-

-

Net investment hedge

-

-

-

-

13

-

Currency risk hedges

NDF & FX options

-

-

-

-

-

-

Cross currency swaps

Interest rate and currency risk hedges

-

460

-

460

13

-

DERIVATIVE INSTRUMENTS INCLUDED IN NET DEBT

57

-

Cash flow hedge

0

3

Interest rate risk hedges

Swaps

179

-

-

179

-

3

Hedging of currency risk on intragroup financing and operational hedging

Currency swaps

38

-

-

38

0

0

Commodity risk hedges

Forwards

7

2

-

9

0

0

Non hedge accounting

-

-

-

-

9

21

Hedging of currency risk on intragroup financing and operational hedging

Currency swaps and FX forwards

1,821

-

-

1,821

4

10

Interest rate risk hedges

Swaps

1,250

-

-

1,250

5

11

TOTAL DERIVATIVE INSTRUMENTS

66

24

TOTAL NON-CURRENT

54

0

TOTAL CURRENT

12

24

224

PERNOD RICARD UNIVERSAL REGISTRATION DOCUMENT 2020-2021