Walmart 1999 Annual Report Download - page 23

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Foreign Currency Exchange Rate Sensitivity
As of January 31, 1999
Principal (Notional) Amount by Expected Maturity
Fair value
(Amounts in millions) 2000 2001 2002 2003 2004 Thereafter Total 1/31/99
Forward Contracts to Sell Foreign Currencies for U.S.$
Canadian Dollars
Notional amount 45 – – – – – 45 (1)
Average contract rate 1.5 – – – – – 1.5
German Deutschemarks
Notional amount 1 – – – – – 1 –
Average contract rate 1.8 – – – – – 1.8
Forward Contracts to Sell Foreign Currencies for Hong Kong $
German Deutschemarks
Notional amount 1 – – – – – 1 –
Average contract rate 0.2 – – – – – 0.2
Average currency exchange rate 1.8 – – – – – 1.8
Currency Swap Agreements
Payment of German Deutschemarks
Notional amount – – – 1,101 – – 1,101 (43)
Average contract rate – – – 1.8 – – 1.8
Payment of German Deutschemarks
Notional amount – – – – 809 – 809 18
Average contract rate – – – – 1.7 – 1.7
Foreign Currency Exchange Rate Sensitivity
As of January 31, 1998
Principal (Notional) Amount by Expected Maturity
Fair value
(Amounts in millions) 1999 2000 2001 2002 2003 Thereafter Total 1/31/98
Forward Contracts to Sell Foreign Currencies for U.S.$
Canadian Dollars
Notional amount 24 – – – – – 24 –
Average contract rate 1.4 – – – – – 1.4
German Deutschemarks
Notional amount 2 – – – – – 2 –
Average contract rate 1.8 – – – – – 1.8
Forward Contracts to Sell Foreign Currencies for Hong Kong $
German Deutschemarks
Notional amount 1 – – – – – 1 –
Average contract rate 0.2 – – – – – 0.2
Average currency exchange rate 1.8 – – – – – 1.8
Currency Swap Agreements
Payment of German Deutschemarks
Notional amount – – – – 1,101 – 1,101 (1)
Average contract rate – – – – 1.8 – 1.8
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