Danone // 2020 Universal Registration Document

DANONE UNIVERSAL REGISTRATION DOCUMENT 2020 100 4.1 Consolidated financial statements and notes to the consolidated financial statements Note 11. Financing and financial security, net debt and cost of net debt Repayment schedule for financial debt managed at Company level and put options granted to non-controlling interests Projected cash outflows related to the contractual repayment of the principal amount based on the assumption of non-renewal Year ended December 31 (in € millions) Projected cash outflows related to the contractual payment of interest on the financial assets and liabilities managed at the Company level, including premiums to be paid on derivative financial instruments based on the assumption of non-renewal (in € millions) Cash flows 2021 Cash flows 2022 Cash flows 2023 Cash flows 2024 Cash flows 2025 and after Interest on debt (a) (212) (166) (141) (99) (190) Cash flows on derivatives (a) (b) (c) 66 60 52 33 88 (a) The floating interest rates are calculated on the basis of the rates applicable as of December 31, 2020. (b) Net contractual flows, including premiums payable, and net flows payable or receivable relating to the exercise of options in the money at year-end. (c) Concerns derivative instruments used to manage net debt, assets and liabilities. Sources of financing available at any time The financings available at any time are carried by the Company and are composed of available committed credit facilities and a syndi- cated credit facility. As of December 31 (in € millions) 1,693 1,723 2,000 1,088 1,630 800 1,759 800 1,250 1,846 1,492 355 7 (a) Includes the value of derivatives hedging bonds and commercial paper. Bonds (a) Commercial paper (a) Liabilities related to put options Hybrid Financing 4,000 3,000 2,000 1,000 0 2021 2022 2023 2024 2025 2026 2027 2028 2029 Undated 2,000 1,008 2,000 682 2,000 632 2,000 2,000 0 100 100 Syndicated credit facility Committed credit facilities 2020 2021 2022 2023 2024 2025 3,000 2,000 1,000 0