385 Life Is On | Schneider Electric www.se.com Financial Statements 5. Chapter 5 – Consolidated financial statements at December 31, 2021 (in millions of euros) Dec. 31, 2020 Carrying amount Fair value through P&L Fair value through equity Financial assets/liabilities measured at amortized cost Fair value Fair value hierarchy ASSETS: Listed financial assets 2 – 2 – 2 Level 1 Venture capital (FCPR)/mutual funds (SICAV) 84 84 – – 84 Level 3 Other unlisted financial assets 363 – 363 363 Level 3 Other non-current financial assets 327 – – 327 327 Level 2 TOTAL NON-CURRENT ASSETS 776 84 365 327 776 Trade accounts receivables 5,626 – – 5,626 5,626 Level 2 Current financial assets 18 18 – – 18 Level 2 Marketable securities 1,942 1,942 – – 1,942 Level 1 Negotiable debt securities and short-term deposits 2,275 2,275 – – 2,275 Level 2 Cash 2,678 2,678 – – 2,678 Level 2 Derivative instruments – foreign currencies 84 60 24 – 84 Level 2 Derivative instruments – interest rates – – – – – Level 2 Derivative instruments – commodities 23 – 23 – 23 Level 2 Derivative instruments – shares 1 – 1 – 1 Level 2 TOTAL CURRENT ASSETS 12,647 6,973 48 5,626 12,647 LIABILITIES: Long-term portions of non-convertible bonds* ( 7, 5 2 2) – – ( 7, 5 2 2) ( 7, 9 5 6) Level 1 Long-term portions of convertible bonds* (651) – – (651) (652) Level 2 Other long-term debt (23) – – (23) (23) Level 2 TOTAL NON-CURRENT LIABILITIES (8 ,19 6) – – (8 ,19 6) (8,631) Short-term portion of bonds* (600) – – (600) (611) Level 1 Short-term debt (1,660) – – (1,660) (1,660) Level 2 Trade accounts payable (4,664) – – (4,664) (4,664) Level 2 Other (54) – – (54) (54) Level 2 Derivative instruments – foreign currencies (19) (19) – – (19) Level 2 Derivative instruments – interest rates – – – – – Level 2 Derivative instruments – commodities – – – – – Level 2 Derivative instruments – shares – – – – – Level 2 TOTAL CURRENT LIABILITIES (6,997) (19) – (6,978) ( 7,0 0 8) * The majority of financial instruments listed in the balance sheet have a fair value close to their book value, except for bonds, for which the amortized cost in the balance sheet represents EUR 8,773 million compared to EUR 9,219 million at fair value. 23.2 – Derivative instruments (in millions of euros) Dec. 31, 2021 Accounting qualification Maturity Nominal sales Nominal purchases Fair Value Carrying amount in assets Carrying amount in liabilities Of which carrying amounts in OCI Forwards contracts CFH < 1 year 393 (305) 2 12 (10) – Forwards contracts CFH < 2 years 55 (24) – 1 (1) – Forwards contracts CFH > 2 years 3 (3) – – – – Forwards contracts FVH < 1 year 1,005 (539) (22) 12 (34) – Forwards contracts NIH < 1 year 410 – (10) – (10) (10) Forwards contracts Trading < 1 year 456 (2,402) 11 14 (3) – Cross currency swaps CFH < 1 year 88 (39) (3) 2 (5) 1 Cross currency swaps NIH < 2 years 750 – (41) – (41) (39) TOTAL FOREIGN CHANGE DERIVATIVES 3 ,16 0 (3,312) (63) 41 (104) (48) Forwards contracts CFH < 1 year – (400) 7 7 – 7 Commodities derivatives – (400) 7 7 – 7 Options CFH < 1 year – – – – – – Shares derivatives – – – – – – TOTAL 3 ,16 0 (3,712) (56) 48 (104) (41)