Page 344 - 2012 Annual Report

344 VIVENDI l 2012 l Annual Report
FINANCIAL REPORT – CONSOLIDATED FINANCIAL STATEMENTS – STATUTORY AUDITORS’ REPORT ON THE
CONSOLIDATED FINANCIAL STATEMENTS – STATUTORY AUDITORS’ REPORT ON THE FINANCIAL STATEMENTS –
STATUTORY FINANCIAL STATEMENTS 4
4
IV - VIVENDI SA 2012 STATUTORY FINANCIAL STATEMENTS
3. NOTES TO THE 2012 STATUTORY FINANCIAL STATEMENTS
Note 16 Borrowings
Note 16. Borrowings
As of December 31, 2012, the aggregate amount of borrowings totaled
€19,192.8 million, compared to €14,848.4 million as of December 31, 2011.
16.1. BOND ISSUES
Amounts
(in millions of euros) Issue date Maturity date Nominal rate Hedging rate
750.0 03/2010 03/31/17 4.00%
swapped for 100% at a floating rate of Euribor 3 months + 1.301% until
March 2012, then swapped for €450 million at a floating rate of Euribor
3 months + 1.301% until June 2012 and then for 100% at a fixed rate of
2.95% until March 2017
700.0 12/2009 12/02/19 4.88%
€500 million swapped at a floating rate of Euribor 3 months + 2.97%
until December 2016
500.0 12/2009 12/01/16 4.25%
swapped at a floating rate of Euribor 3 months + 2.39% until
December 2016
894.0 01/2009 01/23/14 7.75%
528.5 04/2008 04/04/18 $700 million at 6.63%
700.0 10/2006 10/03/13 4.5%
1,000.0 07/2011 07/13/15 3.50%
1,050.0 07/2011 07/13/21 4.75%
500.0 11/2011 11/30/15 3.88%
500.0 11/2011 11/30/18 4.88%
1,250.0 01/2012 07/10/17 4.13%
420.4 04/2012 04/10/15 $550 million at 2.40%
swapped at a currency rate EUR/USD 1,3082 (cross currency swap) and
a fixed USD rate swapped at a fixed EUR rate at 2.18% until April 2015
490.8 04/2012 01/12/18 $650 million at 3.45%
604.1 04/2012 04/12/22 $800 million at 4.75%
700.0 12/2012 01/15/20 2.50%
10,587.8
As of 31 December 2012, bond issues were €10,587.8 million, compared
to €7,976.8 million as of December 31, 2011 (see table below), to which
accrued interest of €185.2 million is added in relation to the bond issues
and hedging swaps, compared to €150.7 million as of 31 December 2011.
During fiscal year 2012, Vivendi issued and redeemed the following bonds:
✱ two bond issues of €1,250.0 million and €700.0 million, with
respective maturities of July 2017 and January 2020;
✱ a bond issue for an aggregate amount of $2.0 billion comprising three
tranches of $550.0 million, $650.0 million, and $800.0 million, with
respective maturities of April 2015, January 2018, and April 2022;
✱ increase by €300.0 million of the €750.0 million bond issue maturing
in July 2021;
✱ redemption of the €600.0 million bond issue of February 2005; and
✱ early redemption of the $700.0 million bond of April 2012
and May 2012.