technicolor - 2018 Registration document

6 FINANCIAL STATEMENTS

NOTE 8 FINANCIAL ASSETS, FINANCING LIABILITIES & DERIVATIVE FINANCIAL INSTRUMENTS

Foreign currency hedge characteristics The foreign currency hedges outstanding at December 31, 2018 are shown in the table below: Currencies

Notional (1)

Maturity Fair value (2)

Forward purchases/sales and currency swaps Forward purchases/sales and currency swaps Forward purchases/sales and currency swaps

USD/EUR USD/CAD

353

2019 2019

(1) (2) n.s. (3)

(125)

Other currencies

FAIR VALUE

Net forward purchases/(sales), in millions of the first currency of the pair. (1) Market value in millions of euros at December 31, 2018. (2) n.s.: Fair value is not significant

Interest rate hedge characteristics The Group has two interest rate hedging instruments outstanding at December 31, 2018. These instruments hedge future interest charges of the Group, which are principally indexed on a floating rate as shown in the table in note 8.3.2. The main characteristics are as follows: Notional Hedge Issuance Maturity Fair value (1) Interest rate swap €240 million Receive 3m EURIBOR (2) /pay 0.22% May 2018 November 2021 (0.8) Cap U.S.$145 million 3m LIBOR capped at 3.00% May 2018 November 2021 0.4 FAIR VALUE (0.4) Market value in millions of euros at December 31, 2018. (1) EURIBOR floored at 0%. (2)

Characteristics of instruments not documented as hedges At December 31, 2018 the Group does not have any outstanding instruments that are not documented as hedges.

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TECHNICOLOR REGISTRATION DOCUMENT 2018