QUADIENT - 2020 Universal Registration Document
FINANCIAL STATEMENTS Consolidated financial statements
At year-end, the operations shown in the above table are broken down as follows:
Notional value – Cash flow hedging
Forward purchases
Forward sales
Put options bought
Put options sold
Call options bought
Call options sold
USD
-
7.5
30.5
-
-
20.5
GBP
-
3.8
1.8
-
-
1.8
CAD
-
1.0
1.5
-
-
1.5
NOK
-
8.0
2.0
-
-
2.0
JPY
-
85.0
30.0
-
-
30.0
SEK
-
16.1
5.0
-
-
5.0
CHF
4.8
-
-
-
-
-
DKK
-
7.0
-
-
-
-
CZK
180.9
-
-
75.0
75.0
-
AUD
-
2.4
0.8
-
-
0.8
Notional value – Ineffective portion of hedge instruments
Forward purchases
Forward sales
Put options bought
Put options sold
Call options bought
Call options sold
USD
-
-
-
-
-
18.5
GBP
-
-
-
-
-
1.5
CAD
-
-
-
-
-
1.5
NOK
-
-
-
-
-
2.0
6
JPY
-
-
-
-
-
30.0
SEK
-
-
-
-
-
5.0
CZK
-
-
-
75.0
-
-
AUD
-
-
-
-
-
0.6
AVERAGE HEDGE RATE ❚
Currency
USD GBP
CAD NOK
JPY
SEK CHF DKK
CZK SGD AUD PLN
Average hedge rate
1.1946 0.8947 1.5509 10.5814 126.4978 10.2029 1.0763 7.4441 26.4620
- 1.6153
-
The average hedge rate calculation is based on the foreign exchange forwards weighted average rate. Foreign exchange options are not taken into account for the calculation of the average hedge rate.
Instrument valuations Derivative instruments are recognized in accordance with financial instruments. In light of the immaterial impact of the accounting principles and methods presented in credit risk, Quadient does not recognize them in the note 12–4-1. According to IFRS 13, Quadient implements financial statements at 31 January 2021. credit risk methodology concerning the valuation of
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UNIVERSAL REGISTRATION DOCUMENT 2020
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