Registration Document - Pernod Ricard
Registration Document - Pernod Ricard
Registration Document - Pernod Ricard
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EUR interest rate hedge Maturity<br />
PERNOD RICARD SA FINANCIAL STATEMENTS 5<br />
Notes to the Parent Company fi nancial statements<br />
Net base<br />
in euro thousand Rate<br />
Collar June 2013 250,000 5.00%/4.36%<br />
Collar June 2013 250,000 5.00%/3.85%<br />
Collar June 2013 250,000 5.00%/3.80%<br />
Interest rate swap June 2013 250,000 4.45%<br />
Interest rate swap June 2014 250,000 4.67%<br />
The fair value of financial instruments hedging euro denominated floating rate debt at 30 June 2009 was €(92,441 ,000 ).<br />
Currency hedge Base in USD thousand<br />
Currency swap 1,041,000<br />
Currency swap 409,132<br />
Financial assets 3,635,169<br />
Financial liabilities (4,906,826)<br />
TOTAL 178,475<br />
Payables and receivables denominated in foreign currencies are<br />
hedged by currency swaps. The company had a residual US dollar<br />
position of $178,475 ,000 at 30 June 2009.<br />
The fair value of currency swaps at year end was €(16,586 ,000 ).<br />
Other<br />
Within the framework of the 4-year renewal of the distribution<br />
contract between <strong>Pernod</strong> <strong>Ricard</strong> Asia and Kirin Brewery Company<br />
from 1 January 2006, <strong>Pernod</strong> <strong>Ricard</strong> guaranteed its subsidiary’s<br />
contractual undertakings.<br />
<strong>Pernod</strong> <strong>Ricard</strong> SA guaranteed the contributions owed by Allied Domecq<br />
Holdings Ltd and its subsidiaries to the Allied Domecq pension funds.<br />
NOTE 22 Average headcount at 30 June 2009<br />
As part of the disposal of Wild Turkey to Campari, <strong>Pernod</strong> <strong>Ricard</strong> SA<br />
guaranteed the contractual obligations of the sellers and, more<br />
generally, those of Group subsidiaries in respect of the sale.<br />
<strong>Pernod</strong> <strong>Ricard</strong> SA, pursuant to Section 17 of the Companies<br />
(Amendment) Act, 1986 (Republic of Ireland), irrevocably guaranteed<br />
the liabilities of the following subsidiaries for the 2006/2007 financial<br />
year: Irish Distillers Group Ltd, Irish Distillers Ltd, The West Coast<br />
Cooler Co Ltd, Watercourse Distillery Ltd, Fitzgerald & Co Ltd,<br />
Ermine Ltd, Gallwey Liqueurs Ltd, Smithfield Holdings Ltd, Irish<br />
Distillers Holdings Ltd.<br />
Within the framework of the right to individual training in France, the<br />
aggregate number of training hours corresponding to acquired rights<br />
for the 2008 calendar year is 4,187 hours, including 2,407 hours for<br />
which no request had been made.<br />
Employees<br />
Other employees<br />
(temporary workers for all reasons)<br />
Managers 109 -<br />
Supervisors and technicians 32 -<br />
Employees 11 4<br />
AVERAGE HEADCOUNT 152 4<br />
Apprentice contract 2<br />
I REFERENCE DOCUMENT 2008/2009 I PERNOD RICARD 141
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