Plastic Omnium - 2018 Registration Document

4 2018 CONSOLIDATED FINANCIAL STATEMENTS Consolidated financial statements at December 31, 2018 PLASTIC OMNIUM 2018 REGISTRATION DOCUMENT 203 Portfolio of currency hedges 5.2.8.2.1 December 31, 2018 December 31, 2017 Fair value (in € thousands) Nominal (in Currency thousands) Medium-term exchange rate Exchange rate at December 31, 2018 Fair value (in € thousands) Nominal (in Currency thousands) Medium-term exchange rate Exchange rate at December 31, 2017 Currency/Euro Currency/Euro Currency/Euro Currency/Euro Net sell position (net buy position if <0) USD/EUR – Forward exchange contract (1,241) (198,990) 1.1708 1.1450 +2,216 (45,780) 1.1492 1.1993 JPY/EUR – Forward exchange contract (4) (329,595) 126.0400 125.8500 - - - - HUF/EUR – Forward exchange contract - - - - (19) (283,982) 316.8402 310.3300 CLP/EUR – Forward exchange contract - - - - (1) +222,832 742.7733 - KRW/EUR – Forward exchange contract (6) (1,615,763) 1,283.4758 1,277.9300 (6) (2,225,591) 1,281.7979 1,279.6100 KRW/USD – Forward exchange contract (19) (3,036,296) 1,123.9282 1,115.8000 - - - - KRW/JPY – Forward exchange contract +2 (282,598) 10.0373 10.1809 - - - - KRW/CNY – Forward exchange contract (4) (794,457) 162.9103 162.1331 - - - - USD/EUR – Forward currency swap (542) (303,300) 1.1482 1.1450 +2,739 (228,000) 1.1834 1.1993 GBP/EUR – Forward currency swap (91) (25,000) 0.8974 0.8945 (519) (48,000) 0.8980 0.8872 CHF/EUR – Forward currency swap (11) (3,940) 1.1301 1.1269 - - - - RUB/EUR – Forward currency swap +60 (108,000) 76.8650 79.7153 (76) (127,670) 72.8100 69.3920 CNY/EUR – Forward currency swap (22) (398,000) 7.9579 7.8751 - - - - CNY/USD – Forward currency swap (68) (92,403) 6.9003 6.8778 (1,300) (398,000) 8.0525 7.8044 TOTAL (1,946) +3,036 Impact of unsettled foreign exchange hedges on income and equity 5.2.8.2.2 In thousands of euros December 31, 2018 December 31, 2017 Impact of change in foreign exchange hedging portfolio on income (ineffective portion) (1) (1,071) 11,587 Impact of change in foreign currency hedging portfolio on equity (effective portion) (3,911) 2,403 TOTAL (4,982) 13,990 See “Gains or losses on interest rate and currency hedges” in Note 4.7 “Net financial income”. (1) also Note 5.2.8.1.3 “Impact of hedging on the income statement”. See Operating and other liabilities 5.2.9. TRADE PAYABLES 5.2.9.1 In thousands of euros December 31, 2018 December 31, 2017 Trade payables 1,444,192 1,146,885 Due to suppliers of fixed assets 170,797 86,336 TOTAL 1,614,989 1,233,221