III. Financial Instruments: Specific instruments

1. CASH FLOW HEDGE

Related BFC headings and flows

CASH FLOW HEDGE

 

FLOWS

 

F00

Opening

F15

Cash variation  

F32

Discounting currencies

F60

Other variations

F61

Recycling in P/L

F99

Closing

SCF / NFI

Intercos

Asset

A46110

Financial instruments operational, CFH - Debit

example of contents: commodities price, currency on purchases and sales

 

settlement of instruments with cash counterpart (or margin call)

ineffective portion (P/L counterpart)

MTM of hedging instruments on prices (A) or currency (B) risk, OCI counterpart 

 

 

Operations flows outside SCF (except inefficient part) & in FCF (via variation of the non-industrial WC) Outside NFI

Yes

A46111

Financial instruments financing, CFH - Debit

example of contents: rate and currency on financial debts

 

settlement of instruments with cash counterpart

 

 

Financial flows Outside FCF; Outside NFI

Yes

Liability

L46910

Financial instruments operational, CFH - Credit

example of contents: commodities price, currency on purchases and sales

 

settlement of instruments with cash counterpart (or margin call)

ineffective portion (P/L counterpart)

MTM of hedging instruments on prices (A) or currency (B) risk, OCI counterpart 

 

 

Operations flows outside SCF (except inefficient part) & in FCF (via variation of the non-industrial WC) Outside NFI

Yes

L46911

Financial instruments financing, CFH - Credit

ex: rate and currency on financial debts

 

settlement of instruments with cash counterpart

 

 

Financial flows Outside FCF; Outside NFI

Yes

L12805

Cash flow reserves commodities

 

 

 

OCI counterpart for MTM of hedging instruments to hedge price risk (A)

Recycling with P/L counterpart

 

 

 

 

 

L12810

Cash flow reserves rate

 

 

 

OCI counterpart for MTM of hedging instruments to hedge interest risk (C) 

 

 

L12820 

Cash flow reserves change

 

 

 

OCI counterpart for MTM of hedging instruments to hedge exchange risk (B) 

 

 

P/L

Gross Margin

R12900

Other variable expenses on sales

 

 

 

 

 

Recycling of operational elements - P/L effect

 

 

Other recurring operating gains & losses

R38100

Other recurring operating income and expenses

 

 

 

 

 

Ineffective portion on hedging of operational elements / Effect of CFH dequa-lification

 

 

Financial result

R53610

Interest charges

 

 

 

 

 

Recycling of hedging on financial elements

 

 

R54620

Other financial charges related to non-operational items

 

 

 

 

 

 

 

 

R54720

Other financial income related to non-operational items

 

 

 

 

 

 

 

 

R53750

Income related to interest rate derivative instruments

 

 

 

 

 

Ineffective portion of interest rate hedging on financial elements

 

 

R53740

Charges related to interest rate derivative instruments

 

 

 

 

 

 

 

Foreign exchange gains & losses on financial items

R53820

Foreign exchange gains and losses on financial items

 

 

 

  

 

Ineffective portion of currency hedging on financial elements

 

 

Recycling of currency hedging on financial elements