PERNOD-RICARD - URD 2021-22 EN

6. Annual consolidated financial statements Notes to the consolidated financial statements

Bonds 6.

Carrying amount at 30.06.2022 € million

Interest rate

Issue date

Maturity

Nominal amount

US$800 M

4.25%

12.01.2012 24.10.2019 29.09.2014 27.04.2020 01.04.2020 17.05.2016 08.06.2016 24.10.2019 01.10.2020 07.04.2022 04.10.2021 27.04.2020 01.04.2020 01.10.2020 24.10.2019 12.01.2012 01.10.2020

15.07.2022 24.10.2023 27.09.2024 07.04.2025 07.04.2025 18.05.2026 08.06.2026 24.10.2027 01.04.2028 07.04.2029 04.10.2029 08.04.2030 08.04.2030 01.04.2031 24.10.2031 15.01.2042 01.10.2050

785 499 659 253 748 600 567 499 575 740 491 263 748 860 496 826 469

€500 M €650 M €250 M €750 M €600 M

0.00% 2.13% 1.13% 1.13% 1.50% 3.25% 0.50% 0.13% 1.75% 1.75% 1.63% 0.88% 5.50% 2.75% 1.25% 1.38%*

US$600 M

€500 M

US$600 M

€750 M €500 M €250 M €750 M

US$900 M

€500 M

US$850 M US$500 M

Total bonds

10,079

Subject to the achievement of the key performance indicators to which this obligation is linked. *

Offsetting of financial assets and financial liabilities 7. The table below shows the amounts of financial assets and financial liabilities before and after offsetting.

The amounts offset in the balance sheet were established in accordance with IAS 32. Accordingly, financial assets and financial liabilities are offset and the net amount is shown in the balance sheet if and only if the Group has a legally enforceable right to offset the recognised amounts, and if it intends to settle the net amount. The assets and liabilities offset stem from the multi-currency cash pooling implemented within the Group.

Impact of master netting

Gross financial assets and liabilities

Amounts offset in the balance sheet

Net amounts in the balance sheet

Financial instruments received as collateral

Net amounts under IFRS 7

agreements and similar agreements

At 30.06.2021 € million

Assets

Cash and cash equivalents

2,290

(212)

2,078

-

-

-

Liabilities

Bank debt

434

(212)

222

-

-

-

Impact of master netting

Gross financial assets and liabilities

Amounts offset in the balance sheet

Net amounts in the balance sheet

Financial instruments received as collateral

Net amounts under IFRS 7

agreements and similar agreements

At 30.06.2022 € million

Assets

Cash and cash equivalents

2,770

(243)

2,527

-

-

-

Liabilities

Bank debt

648

(243)

405

-

-

-

234

Pernod Ricard Universal Registration Document 2021-2022