Vilmorin & Cie - Annual report 2017-2018

5 ANNUAL REPORT Vilmorin & Cie 201 2017-2018 The schedule for financial debts was as follows: In millions of euros Due dates Total < 1 year 1 to 5 years > 5 years 06.30.18 Non-current financial debts > Debt components of the bonds redeemable as shares (ORA) 0.5 - 0.5 > Bank loans 141.7 1.8 143.5 > Commitments to purchase minority shares - - - > Financial lease/hire purchase 0.6 - 0.6 > Derivatives (1) -1.5 - -1.5 > Other financial debts 530.0 85.2 615.2 Total non-current debts 671.3 87.0 758.3 Current financial debts 204.3 204.3 Total 204.3 671.3 87.0 962.6 Future interest on loans and other liabilities 14.7 31.0 3.7 49.4 06.30.17 Non-current financial debts > Debt components of the bonds redeemable as shares (ORA) 1.0 - 1.0 > Bank loans 129.2 3.2 132.4 > Commitments to purchase minority shares - - - > Financial lease/hire purchase 0.5 - 0.5 > Derivatives 0.1 - 0.1 > Other financial debts 495.0 120.2 615.2 Total non-current debts 625.8 123.4 749.2 Current financial debts 221.0 Total 221.0 625.8 123.4 749.2 Future interest on loans and other liabilities 14.9 43.5 5.8 64.2 (1) Including derivative assets of -1.5 million euros maturing from 1 to 5 years. 2.5 - Information concerning credit risk In order to prevent any problems recovering debts from its customers, Vilmorin & Cie has set up individual credit limits which are regularly updated depending both on the financial situation of each customer, along with the customer’s track record with regard to payment. Finally, through certain subsidiaries, Vilmorin & Cie has taken out an insurance policy to cover customer credit risks. On June 30, 2018, Vilmorin & Cie had not identified any significant risk. At close, the chronological breakdown of customer receivables was as follows: In millions of euros 06.30.18 06.30.17 Receivables not yet due 290.9 277.2 Receivables due: > delay of zero to three months 56.3 58.8 > delay of three to six months 11.3 10.5 > delay of six to twelve months 11.7 8.4 > delay greater than one year 14.2 15.0 Gross customer and other receivables 384.4 369.9 5.1. Consolidated Financial Statements Financial INFORMATION