Sopra Steria - 2020 Universal registration document

5 2020 CONSOLIDATED FINANCIAL STATEMENTS Notes to the consolidated financial statements

Following the arrangement in July 2019 of a €250 million Euro PP fixed-rate bond issue with maturities of 7 and 8 years, the Group restructured its portfolio of interest rate hedges to secure lower rates over longer maturities, as detailed below:

Fair value

31/12/2020

Maturity

Non- current assets

Non- current liabilities

Current assets

Notional amount*

1 to 5 years > 5 years

Current liabilities

< 1 year

26A5244276: 7/ .<97:

Swap (cash flow hedge) in euros Swap (cash flow hedge) in foreign currency

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Options eligible for hedge accounting in euros

0.2

0.0

0.4

0.5

275.0

125.0

150.0

-

Options eligible for hedge accounting in foreign currency Swaps not eligible for hedge accounting in euros Options not eligible for hedge accounting in euros (#( "( & '( & ( '

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.1

-

50.0

50.0

-

-

Excluding the notional amount of the swaption (*)

The remeasurement of these financial instruments in equity is recognised in Other comprehensive income. The remeasurement of these financial instruments in profit or loss is recognised in Other financial income and expenses. The profit or loss and equity impacts of the Group’s interest rate hedging instruments are as follows:

Balance sheet amounts

Changes in fair value

Profit or loss impact

Changes in fair value

Ineffective portion of cash flow hedges

Changes in scope

Other changes 31/12/2020

Equity impact

Fair value hedges

31/12/2019

Trading

26A5244276: 7/ .<97:

Swap (cash flow hedge) in euros Swap (cash flow hedge) in foreign currency Options eligible for hedge accounting in euros Options eligible for hedge accounting in foreign currency Swaps not eligible for hedge accounting in euros Options not eligible for hedge accounting (#( $& ( , !$ (

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1.0

0.3

-

-

-0.7

0.2

0.0

-0.0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.2

0.1

-

-

-0.1

-

-

-

0.1

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SOPRA STERIA UNIVERSAL REGISTRATION DOCUMENT 2020