PSA_GROUP_REGISTRATION_DOCUMENT_2017

CONSOLIDATED FINANCIAL STATEMENTS AT 31 DECEMBER 2017 Notes to the consolidated financial Statements at December 2017

Details of values of hedging instruments and notional amounts hedged (1)

31 December 2017

Carrying amount

Maturity

Notional amount

2 to 5 years

Assets

Liabilities

< 1 year

> 5 years

(in million euros)

Currency risk Fair value hedges: Currency swaps, currency options and forward > foreign exchange contracts

53

(26)

278

278

- -

- -

Cross-currency swaps >

9

-

-

-

Cash flow hedges: Currency options and forward foreign exchange > contracts

194

- - -

601

495

106

- - - -

Cross-currency swaps > Trading instruments (1) Total currency risks

- -

13

-

13

6,184 5,530 7,076 6,303

654 773

256

(26)

Interest rate risk Cash flow hedges: Interest rate swaps and interest rate options >

- -

(176) (176)

2 2

- -

2 2

- -

Total interest rate risks

Commodity risk Cash flow hedges: Swaps >

41 41

(8) (8)

254 254

173 173

81 81

- - -

Total commodity risks

TOTAL

297

(210)

7,332 6,476

856

Of which: TOTAL FAIR VALUE HEDGES TOTAL CASH FLOW HEDGES

62

(26)

278 870

278 668

-

-

235 - Currency trading instruments: derivative instruments not qualifying for hedge accounting under IAS 39. As IAS 21 requires receivables and (1) payables denominated in foreign currencies to be systematically remeasured at the closing exchange rate with any gains or losses taken to income, the Group has elected not to designate these receivables and payables as part of a documented hedging relationship, although their impact on income is the same. (184) 202

Hedging instruments that are not subject to compensation clauses in case of default by either party do not represent a significant amount for the Automotive Division.

212

GROUPE PSA - 2017 REGISTRATION DOCUMENT