APC 2013 Annual Report Download - page 237
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CONSOLIDATED FINANCIALSTATEMENTS ATDECEMBER 31, 2013
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Positions of futures hedges of balance sheet items and net investment by currency:
Dec.31, 2013
Sales Purchases Net
GBP 323 (2,263) (1,940)
USD 1,760 (967) 793
SGD 766 (268) 498
CNY - (432) (432)
AUD 162 (515) (353)
HKD 214 (48) 166
NOK 128 (6) 122
AED 129 (11) 118
SEK 1 (118) (117)
BRL - (109) (109)
DKK 5 (92) (87)
SAR 64 (4) 60
RUB 38 - 38
PLN 1 (21) (20)
CHF 22 (39) (17)
MXN 26 (42) (16)
JPY 28 (43) (15)
Others 91 (47) 44
TOTAL 3,758 (5,025) (1,267)
Theses forward currency hedging positions include The forward contracts in GBP were mainly subscribed to hedge
EUR1,733million in hedges of loans and borrowings of a financial the purchase of Invensys shares.
nature (net sales) and EUR466million in hedges of operating cash
flows (net sales).
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2013 REGISTRATION DOCUMENT SCHNEIDER ELECTRIC