QUADIENT - 2019 Universal Registration Document

FINANCIAL STATEMENTS Neopost S.A. statements of financial position

2020 BUDGET – HEDGING OF ANTICIPATED ASSETS AND LIABILITIES POSITIONS ❚

Forward purchases

Forward sales

Put options bought

Put options sold

Call options bought

Call options sold

Notional value – Total

USD

-

-

11.5

-

-

19.5

CAD

-

0.8

0.8

-

-

1.4

NOK

-

6.5

-

-

-

-

JPY

-

215.0

215.0

-

-

315.0

SEK

-

12.0

2.0

-

-

4.0

CHF

-

5.8

-

-

-

-

DKK

-

11.0

-

-

-

-

CZK

178.8

-

-

200.0

100.0

-

AUD

-

6.0

-

-

-

-

INSTRUMENT VALUATIONS

Hedging instruments relating to the 2019 financial year, i.e. hedging assets and liabilities on the balance sheet as at 31 January 2020, have been fully valued and recognized at their market value at 31 January 2020.

Financial instruments relating to the 2020 budget have not been valued in Neopost S.A.’s financial statements.

EXCHANGE RATE DEAL COUNTERPARTY RISK

Operations are carried out with first ranked international banks that take part in the revolving credit facility.

HEDGING OF FOREIGN-CURRENCY LOANS AND CURRENT ACCOUNT ADVANCES

6

Notional amount of financial instruments (b)

Loan/borrowing/short-term advance

Subsidiary

Currency

Amount

Neopost USA Inc. (a)

Short term advance

USD

(103.4)

Mail Finance Inc. (a)

Short term loan

USD

30.3

Mail Finance Inc. (a)

Loan

USD

270.0

Mailroom Holding Inc. (a)

Short term loan

USD

72.2

Mailroom Finance Inc. (a)

Short term loan

USD

3.3

Mailroom Finance Inc. (a)

Loan

USD

40.0

Proship Inc. (a)

Short term loan

USD

9.8

Temando LLC (a)

Short term loan

USD

7.4

Quadient Group AG (a)

Short term loan

USD

13.0

Neopost Supply Hong Kong (a)

Short term advance

USD

(2.0)

Quadient Canada Inc (a)

Short term loan

USD

1.8

Quadient Singapore Pte Ltd (a)

Short term loan

USD

1.4

Neotouch Cloud Solutions Dac (a)

Short term advance

USD

(0.5)

Neopost Global Solutions Ltd (a)

Short term loan

USD

0.8

Quadient USA Inc. (a)

Short term advance

USD

(10.9)

Parcel Pending (a)

Short term loan

USD

2.9

354.0

Neopost International Supply Ltd

Short term advance

GBP

(0.9)

Neopost Ltd

Short term loan

GBP

2.2

Neopost Finance Ltd

Short term loan

GBP

5.1

Data Capture Solutions Ltd

Short term advance

GBP

(0.4)

Quadient UK Ltd

Short term advance

GBP

(0.9)

Quadient Technologies UK Ltd

Short term advance

GBP

(7.9)

219

UNIVERSAL REGISTRATION DOCUMENT 2019