Connect - Schneider Electric

5 CONSOLIDATED FINANCIAL STATEMENTS
NOTES TO THE CONSOLIDATED FINANCIAL
24.2 – Breakdown by currency
198 2011 REGISTRATION DOCUMENT SCHNEIDER ELECTRIC
Dec. 31, 2011 Dec. 31, 2010
Euro 6,272 5,182
US Dollar 728 521
Indian rupee 233 22
Japanese yen 384 153
Brazilian real 147 75
Russian rouble 32 34
Colombian peso 29 23
Other 212 115
TOTAL 8,037 6,125
24.3 – Bonds
Dec. 31, 2011 Dec. 31, 2010 Effective interest rate Maturity
Schneider Electric SA 2011 500 Euribor + 0.200% variable July 2011
Schneider Electric SA 2013 605 608 CMS 10+1.000% variable and 6.750% fi xed July 2013
Schneider Electric SA 2014 730 498 Libor USD + 0.490% variable and 4.500% fi xed January 2014
Schneider Electric SA 2015 749 748 5.375% fi xed January 2015
Schneider Electric SA 2016 736 519 Euribor + 0.600% variable and 0.849%, 0.846%, July, November,
2.875% fi xed December 2016
Schneider Electric SA 2017 987 981 4.000% fi xed August 2017
Schneider Electric SA 2018 743 - 3.750% fi xed July 2018
Schneider Electric SA 2019 495 - 3.500% fi xed January 2019
Schneider Electric SA 2020 495 494 3.625% fi xed July 2020
TOTAL 5,540 4,348
Schneider Electric SA has made several bond issues as part of its
Euro Medium Term Notes (EMTN) programme over the past few
years. Issues that were not yet due as of December 31, 2011 were
as follows:
• JPY22.5 billion worth of bonds issued in 2011, comprising a fi rst
JPY12.5 billion tranche at a rate of 0.849% issued in November and
due in November 2016 and a second JPY10 billion tranche at a
rate of 0.84625% issued in December due in December 2016;
• EUR500 million worth of bonds issued in September 2011, at a
rate of 3.5%, due in January 2019;
• EUR750 million worth of bonds issued in July 2011, at a rate of
3.75%, due in July 2018;
• USD300 million worth of bonds issued in July 2011, at a rate
variable rate indexed on the three-month USD Libor, due in
July 2014;
• EUR300 and EUR200 million worth of bonds issued successively
in July and October 2010, at a rate of 2.875%, due on
July 20, 2016;
• EUR500 million worth of bonds issued in July 2010, at a rate of
3.625%, due on July 20, 2020;
• EUR150 million worth of bonds issued in May 2009 to top up the
EUR600 million twelve-year tranche, due January 8, 2015, at a
rate of 5.375% issued on October 2007, 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 a rate of 4%, issued in
August 2005, raising the total issue to EUR1.03 billion;
• EUR750 million worth of bonds issued in January 2009 at a rate
of 6.75%, due on July, 16 2013; in July 2010, this borrowing was
partially repayed with EUR263 million;
• EUR100 million worth of bonds issued in July 2008 indexed to the
10-year Constant Maturity Swap (CMS) rate, due July 31, 2013;
• EUR12 million corresponding to the discounted present value of
future interest payments on a EUR177 million eight year bond
issue (July 25, 2008 to July 25, 2016) indexed to the three month
Euribor. The nominal value of the bonds is not recognised in debt
because the bond holder has waived its right to repayment of the
principal in exchange for the transfer, on a no-recourse basis, of
the future cash fl ows corresponding to the requested refund of
a tax receivable;
• EUR180 million worth of bonds issued in April 2008 to top up the
EUR600 million twelve-year tranche, at a rate of 4%, issued in
August 2005, raising the total issue to EUR780 million;