SCH2017_DRF_EN_Livre.indb

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

24.3 – Bonds

Dec. 31, 2017

Dec. 31, 2016 Effective interest rate

Maturity

Schneider Electric SE 2017 Schneider Electric SE 2018 Schneider Electric SE 2019 Schneider Electric SE 2020 Schneider Electric SE 2021 Schneider Electric SE 2022 Schneider Electric SE 2023 Schneider Electric SE 2024 Schneider Electric SE 2025 Schneider Electric SE 2026

-

1,025

4.000% fixed 3.750% fixed 3.500% fixed 3.625% fixed 2.500% fixed 2.950% fixed 1.500% fixed 0.250% fixed

August 2017

749 499 498 598 664 795 790

748 498 498 598 756 794 789

July 2018

January 2018

July 2020

September 2021 September 2022 September 2023 September 2024 October 2025 December 2026

1,042

1,041 0.875%, 1.841% fixed

740

-

0.875% fixed

TOTAL

6,375

6,746

Schneider Electric SE has issued bonds on different markets: E in theUnitedStates, throughaprivateplacement offering following SEC 144A rule, for USD800 million worth of bonds issued in September 2012, at a rate of 2.950%, due in September 2022; E as part of its Euro Medium Term Notes (EMTN) program, bonds traded on the Luxembourg stock exchange. Issues that had not yet matured as of December 31, 2017 are as follow: E EUR750 million worth of bonds issued in December 2017, at a rate of 0.875%, maturing in December 2026, E EUR800 million worth of bonds issued in September 2016, at a rate of 0.25%, maturing in September 2024, E EUR200 million and EUR100 million worth of Climate bonds issued successively in October and December 2015, at a rate of 1.841%, maturing in October 2025,

E EUR750 million worth of bonds issued in March 2015, at a rate of 0.875%, maturing in March 2025, E EUR800 million worth of bonds issued in September 2015 at a rate of 1.50%, maturing in September 2023, E EUR600 million worth of bonds issued in September 2013, at a rate of 2.5%, maturing in September 2021, E EUR500 million worth of bonds issued in September 2011, at a rate of 3.5%, maturing in January 2019, E EUR750 million worth of bonds issued in July 2011, at a rate of 3.75%, maturing in July 2018, E EUR500 million worth of bonds issued in July 2010, at a rate of 3.625%, maturing on July 20, 2020, For all those transactions, issue premium and issue costs are amortized per the effective interest rate method.

24.4 – Reconciliation with cash flow statement

Non-Cash variations

Cash variation

Scope impacts Forex impacts

Other

Dec. 31, 2016

Dec. 31, 2017

Bonds

6,746

(285) (204)

- - -

(86)

- - -

6,375

Bank overdrafts and other borrowings

802

34

632 334

Other Short-Term borrowings

71

331

(68)

TOTAL CURRENT AND NON-CURRENT FINANCIAL LIABILITIES

7,619

(158)

(120)

7,341

-

-

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