QUADIENT // 2021 Universal Registration Document

6

FINANCIAL STATEMENTS Consolidated financial statements

Changes recognized through equity – Fair value via OCI*

Changes recognized through equity – Aligned cost of hedge

Changes recognized in the income statement – Fair value via P&L

Changes recognized in the income statement – Non aligned cost of hedge

Premium on new operations

31 January 2021

31 January 2022

Financial assets (derivatives)

6.8

-

1.5

(0.1)

(5.3)

-

2.9

Debt and swap at fair value hedge Derivative instruments qualified as cash flow hedge Derivative instruments not eligible

2.0

-

-

-

(1.8)

-

0.2

2.9

-

1.5

(0.1)

(2.0)

-

2.3

1.9

-

-

-

(1.5)

-

0.4

Financial liabilities (derivatives)

2.2

-

(1.3)

-

-

-

0.9

Derivative instruments qualified as cash flow hedge Derivative instruments not eligible

2.2

-

(1.3)

-

-

-

0.9

-

-

-

-

-

-

-

*

OCI: Other Comprehensive Income.

Sensitivity to interest rate variations The impact on the financial statements of an increase of 0.5 in the interest rates for the year ending 31 January 2022 is as follows:

31 January 2022

Impact on equity

Impact on income statement

31 January 2022

Financial assets (derivatives)

2.9

0.9

(0.1)

3.7

Debt and swap at fair value hedge

0.2

-

(0.1)

0.1

Derivative instruments qualified as cash flow hedge

2.3

0.9

-

3.2

Derivative instruments not eligible

0.4

-

-

0.4

Financial liabilities (derivatives)

0.9

(0.2)

-

0.7

Derivative instruments qualified as cash flow hedge

0.9

(0.2)

-

0.7

Derivative instruments not eligible

-

-

-

-

The impact on the financial statements of a decrease of 0.5 on the interest rates for the year ending 31 January 2022 is as follows:

31 January 2022

Impact on equity

Impact on income statement

31 January 2022

Financial assets (derivatives)

2.9

(0.8)

0.2

2.3

Debt and swap at fair value hedge

0.2

-

0.2

0.4

Derivative instruments qualified as cash flow hedges

2.3

(0.8)

-

1.5

Derivative instruments not eligible

0.4

-

-

0.4

Financial liabilities (derivatives)

0.9

0.2

-

1.1

Derivative instruments qualified as cash flow hedges

0.9

0.2

-

1.1

Derivative instruments not eligible

-

-

-

-

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UNIVERSAL REGISTRATION DOCUMENT 2021