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ELN » Topics » Derivative Instruments

This excerpt taken from the ELN 20-F filed Feb 28, 2008.
Derivative Instruments
 
The fair values of derivative instruments were as follows (in millions):
 
                 
    At December 31, 2006  
    Contract/
 		    Fair Value
 		 
    Nominal Amount     Asset/(Liability)  
 
Forward contracts:
               
Euro forward contracts
  $ 68.0     $ 2.7  
Swap contracts:
               
Interest rate swap — January 2002
  $ 100.0     $ (0.4 )
Interest rate swap — November 2004
  $ 150.0     $ (3.0 )
Interest rate swap — November 2004
  $ 50.0     $ (1.0 )
 
We did not hold any swap or forward currency contracts at December 31, 2007. We held freestanding warrants with a fair value liability of $0.6 million and a fair value asset of $0.7 million at December 31, 2007 and 2006, respectively.
 
This excerpt taken from the ELN 6-K filed Mar 30, 2007.
Derivative Instruments
 
The fair values of forward contracts are determined using quoted foreign exchange rates, and for interest rate swaps broker quotes are used. The fair values of derivative instruments are as follows:
 
                             
    At 31 December 2006     At 31 December 2005  
   
    Contract Amount
 		  Fair Value
 		    Contract Amount
 		  Fair Value
 		 
    $m   $m     $m   $m  
 
 
Euro forward contracts
    68.0     2.7       77.0     (1.7 )
Swap contracts:
                           
Interest rate swap—January 2002
    100.0     (0.4 )     100.0     0.2  
Interest rate swap—November 2004
    150.0     (3.0 )     150.0     (4.0 )
Interest rate swap—November 2004
    50.0     (1.0 )     50.0     (1.3 )
                             
 
In addition to the above derivative instruments, we held freestanding warrants with a fair value of $0.7 million at 31 December 2006 (2005: $0.1 million).
 
This excerpt taken from the ELN 20-F filed Feb 28, 2007.
Derivative Instruments
 
The fair value of derivative instruments were as follows (in millions):
 
                                 
    At December 31, 2006     At December 31, 2005  
    Contract
 		    Fair Value
 		    Contract
 		    Fair Value
 		 
    Amount     Asset/(Liability)     Amount     Asset/(Liability)  
 
Forward contracts:
                               
Euro forward contracts
  $ 68.0     $ 2.7     $ 77.0     $ (1.7 )
Swap contracts:
                               
Interest rate swap — January 2002
  $ 100.0     $ (0.4 )   $ 100.0     $ 0.2  
Interest rate swap — November 2004
    150.0       (3.0 )     150.0       (4.0 )
Interest rate swap — November 2004
    50.0       (1.0 )     50.0       (1.3 )
 
In addition to the above derivative instruments, we held freestanding warrants with a fair value of $0.7 million and $0.1 million at December 31, 2006 and 2005, respectively.
 
This excerpt taken from the ELN 20-F filed Mar 30, 2006.
Derivative Instruments
 
The fair value of derivative instruments were as follows (in millions):
 
                                 
    At December 31, 2005     At December 31, 2004  
    Contract
 		    Fair
 		    Contract
 		    Fair
 		 
    Amount     Value     Amount     Value  
 
Forward contracts:
                               
Euro forward contracts
  $ 77.0     $ (1.7 )   $ 9.0     $ 1.2  
U.S. Dollar forward contracts
    —       —       9.4       (0.4 )
Swap contracts:
                               
Interest rate swap — January 2002
  $ 100.0     $ 0.2     $ 100.0     $ 3.6  
Interest rate swap — November 2004
    150.0       (4.0 )     150.0       (0.7 )
Interest rate swap — November 2004
    50.0       (1.3 )     50.0       (0.2 )
 

EXCERPTS ON THIS PAGE:

20-F
Feb 28, 2008
6-K
Mar 30, 2007
20-F
Feb 28, 2007
20-F
Mar 30, 2006

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