SCH2017_DRF_EN_Livre.indb

5

Consolidated financial statements at December 31, 2017 Notes to the consolidated financial statements

Current financial liabilities break down as follows:

Dec. 31, 2017

Dec. 31, 2016

Commercial paper Accrued interest

330

65 75

58

Other short-term borrowings

273

223

Drawdown of funds from lines of credit

-

-

Bank overdrafts

278 749

265

Short-term portion of convertible and non-convertible bonds

1,025

Short-term portion of long-term debt

3

201

SHORT-TERM DEBT

1,691 7,341

1,853 7,619

TOTAL CURRENT AND NON-CURRENT FINANCIAL LIABILITIES

CASH AND CASH EQUIVALENTS (SEE NOTE 20)

(3,045)

(2,795)

NET DEBT

4,296

4,824

24.1 – Breakdown by maturity

Dec. 31, 2017

Dec. 31, 2016

Nominal

Interests

Swaps

Nominal

2017 2018 2019 2020 2021 2022 2023 2024

-

-

- - - - - - - - - -

1,855

1,691

128

795 498 498 598 755 794 789

523 498 598 664 795 790

97 87 73 57 35 19 18

2025 and beyond

1,782 7,341

1,037 7,619

TOTAL

514

24.2 – Breakdown by currency

Dec. 31, 2017

Dec. 31, 2016

Euro

6,253

6,277

US dollar

696

899 129

Russian rouble Indian rupee Brazilian real Argentinian peso Algerian dinar Chilean peso Colombian peso Australian dollar

75 51 69 27 27 24 22 16 81

40

- -

32 22 19 11

Other

190

TOTAL

7,341

7,619

2017 REGISTRATION DOCUMENT SCHNEIDER ELECTRIC

270