APC 2010 Annual Report Download - page 235

COMPANY FINANCIAL STATEMENTS
NOTES TO THE FINANCIAL STATEMENTS
Note9 Bonds
Share capital
Interest rate Maturity
Dec. 31, 2010 Dec. 31, 2009
Schneider Electric SA 2010 900,000 3.125% Fixed Aug.11, 2010
Schneider Electric SA 2017 600,000 600,000 4.00% Fixed Aug.11, 2017
Schneider Electric SA 2011 500,000 500,000 Euribor +0.20% Floating July18, 2011
Schneider Electric SA 2014 500,000 500,000 4.50% Fixed Jan.17, 2014
Schneider Electric SA 2015 600,000 600,000 5.375% Fixed Jan.08, 2015
Schneider Electric SA 2017 125,000 125,000 4.00% Fixed Aug.11, 2017
Schneider Electric SA 2017 55,000 55,000 4.00% Fixed Aug.11, 2017
Schneider Electric SA 2016 177,565 177,565 Euribor +0.60% Floating July25, 2016
Schneider Electric SA 2013 100,000 100,000 CMS +1% Floating July31, 2013
Schneider Electric SA 2013 487,000 750,000 6.75% Fixed July16, 2013
Schneider Electric SA 2015 150,000 150,000 5.375% Fixed Jan.08, 2015
Schneider Electric SA 2017 250,000 250,000 4.00% Fixed Aug.11, 2017
Schneider Electric SA 2016 300,000 - 2.875% Fixed July20, 2016
Schneider Electric SA 2016 200,000 - 2.875% Fixed July20, 2016
Schneider Electric SA 2020 500,000 - 3.625% Fixed July20, 2020
4,544,565 4,707,565
Legend:
Fixed: fi xed rate.
Floating: fl oating rate.
Schneider Electric SA has made a series of bond issues as part of
its Euro Medium Term Notes (“EMTN”) program over the past few
years. The issues that had not matured as of December31, 2010
were as follows:
•EUR300 and EUR200million worth of 2.875% bonds successively
issued in July and October2010 and maturing on July20, 2016;
•EUR500million worth of 3.625% bonds issued in July2010 and
maturing on July20, 2020;
•EUR150million worth of bonds issued in May2009 to top up
the EUR600million tranche at 5.375% maturing on January8,
2015 and issued in October2007, thereby raising the total issue
to EUR750million;
•EUR250 million worth of bonds issued in March 2009 to top
up the EUR780 million twelve year tranche at 4% issued in
August2005, thereby raising the total issue to EUR1.03billion;
•EUR750million worth of 6.75% bonds issued in January2009
and maturing on July16, 2013. In July2010, this bond was partly
redeemed to the amount of EUR263million, reducing the bond
to EUR487million;
•EUR100million worth of bonds issued in July2008 at a fl oating
rate indexed to the 10Year CMS (Constant Maturity Swap) and
maturing on July31, 2013;
•EUR177million worth of fl oating-rate bonds issued in July2008
and maturing on July25, 2016;
•EUR180million worth of bonds issued in April2008 to top up the
EUR600million twelve year tranche at 4% issued in August2005,
thereby raising the total tranche to EUR780million;
•EUR600million worth of 5.375% bonds issued in October2007
and maturing on January8, 2015;
•EUR1billion worth of bonds issued in July2006, comprising a
EUR500million 5-year fl oating rate tranche and a EUR500million
7 1/2-year4.5% tranche;
•EUR600million worth of 4% bonds issued in August2005 and
maturing in August2017;
These bonds are traded on the Luxembourg stock market. The issue
premiums and issue costs are amortised in line with the effective
interest method.
Lastly, the Group redeemed EUR900million worth of August2005
bonds at maturity on August11, 2010.
2010 REGISTRATION DOCUMENT SCHNEIDER ELECTRIC 233
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