technicolor - 2019 Universal registration document

FINANCIAL STATEMENTS OTHER INFORMATION

Related parties 12.2 All significant transactions with related parties are concluded with fully owned subsidiaries. Prepayments, deferred charges and unrealized losses on foreign 12.3 exchange

2019, corresponds to €1 million prepayments and €1 million deferred charges on debt issuance costs. In 2018, was corresponding to €2 million prepayments and €2 million deferred charges on debt issuance costs. Off balance-sheet contractual obligations 12.4 and commercial commitments

2019

2018

(in million euros)

Unconditional future payments Operating Leases Other unconditional future payments

1 - 1

1 - 1

TOTAL UNCONDITIONAL FUTURE PAYMENTS Conditional future payments Guarantees given regarding undertakings by related entities

1,158

730

Other conditional future payments

-

-

TOTAL CONDITIONAL FUTURE PAYMENTS

1,158

730

As part of its business activities, Technicolor SA may issue performance guarantees for its subsidiaries as well as comfort letters. In addition, as part of its management of the currency exchange rate risk, Technicolor SA implements over a fixed period foreign exchange guarantees with its subsidiaries under which their trade exposures are hedged at a determined currency exchange rate. The most significant commitments are thereafter summarized:

Currency to deliver

Currency to receive

Commitment to deliver (1)

Commitment to receive (1)

Subsidiaries

Maturity

The Moving Picture Company Ltd

GBP USD

USD GBP

2

3

2020 2020

6

13

10

Technicolor Japan KK

USD

JPY

13

1,429

2020

Technicolor Polska Sp. Z o.o

EUR PLN

PLN EUR

16

70 34

2020 2020

150

Technicolor Canada, Inc

USD CAD

CAD USD

54 50

71

2020 2020

38

Technicolor Disc Services International Ltd

GBP USD

USD GBP

3 6

4 4

2020 2020

Expressed in millions of the corresponding currency. (1)

TECHNICOLOR UNIVERSAL REGISTRATION DOCUMENT 2019 287