PERNOD-RICARD - URD 2021-22 EN

Annual consolidated financial statements Notes to the consolidated financial statements

Breakdown of net financial debt by nature and maturity 1.

30.06.2022

30.06.2021

Current Non-current

Total

Current Non-current

Total

€ million

Bonds

70

8,787

8,857

842

9,238

10,079

Syndicated loan

-

- -

-

-

- -

-

Commercial paper

7

7

180 226 406

180

Other loans and financial debts

115

108 108

222 229

179 179

405 585

Other financial liabilities

122 192

Gross financial debt

8,894

9,086

1,248

9,417

10,664

Fair value hedge derivatives instruments – assets Fair value hedge derivatives instruments – liabilities

- - - - - -

(22)

(22)

(5)

-

(5)

-

-

-

9 9

9 3

Fair value hedge derivatives

(22) (43)

(22) (43)

(5)

Net investment hedge derivatives – assets Net investment hedge derivatives – liabilities

- - -

-

-

-

-

9 9

9 9

Net investment hedge derivatives Financial debt after hedging Cash and cash equivalents

(43)

(43)

192

8,830

9,022

1,242

9,435

10,677 (2,527)

(2,078) (1,886)

-

(2,078)

(2,527) (1,284)

-

Net financial debt excluding lease liabilities

8,830

6,944

9,435

8,150

Lease liabilities

103

405

508

107

400

507

Net financial debt

(1,783)

9,235

7,452

(1,177)

9,835

8,657

The analysis of the change in net financial debt based on the changes in cash and non-cash is described below:

Changes in cash flows

Changes in cash flows with no cash impact

Total cash flows

Other movements

Change in fair value

6.

30.06.2022

30.06.2021

Other

€ million

Bonds

8,857

735

514

(25)

- - - - - - - - - - - - - -

10,079

Syndicated loan

-

-

- -

- - -

-

Commercial paper

7

173 163

180

Other loans and financial debts

222

19

405

Gross financial debt

9,086

1,070

533

(25)

10,664

Fair value hedge derivatives instruments – assets Fair value hedge derivatives instruments – liabilities

(22)

- - - - - -

- - -

17

(5)

-

9

9 3

Fair value hedge derivatives

(22) (43)

26

Economic net investment hedge derivatives – assets Economic net investment hedge derivatives – liabilities Economic net investment hedge derivatives – liabilities

43

- - -

-

-

9

9 9

(43)

52

Financial debt after hedging Cash and cash equivalents

9,022

1,070 (508)

584

0

10,677 (2,527)

(2,078)

59

-

Net financial debt excluding lease liabilities

6,944

562

644

0

8,150

Lease liabilities

508

(115)

19

-

95

507

Net financial debt

7,452

447

663

0

95

8,657

231

Pernod Ricard Universal Registration Document 2021-2022