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Capital and financial risk management - Risk management strategy of hedge relationships - Tabular disclosure (Details)
12 Months Ended
Mar. 31, 2021
EUR (€)
R / €
SFr / €
£ / €
kr / €
¥ / €
$ / €
$ / €
$ / €
Mar. 31, 2020
EUR (€)
SFr / €
£ / €
kr / €
¥ / €
$ / €
$ / €
$ / €
Risk management strategy of hedge relationships    
Nominal amount 26,448,000,000 29,372,000,000
Carrying value assets € 830,000,000 € 5,914,000,000
Carrying value liabilities 1,392,000,000 327,000,000
Other comprehensive income    
Beginning balance (3,171,000,000) 713,000,000
(Gain)/Loss deferred to OCI 6,220,000,000 (4,292,000,000)
Gain/(Loss) recycled to financing costs (1,226,000,000) 408,000,000
Ending balance € 1,823,000,000 € (3,171,000,000)
Cash flow hedges | Foreign exchange risk | Cross currency and foreign exchange swaps | US dollar bonds    
Risk management strategy of hedge relationships    
Nominal amount 18,995,000,000 20,383,000,000
Carrying value assets € 621,000,000 € 5,371,000,000
Carrying value liabilities 1,070,000,000  
Other comprehensive income    
Beginning balance (3,922,000,000) (179,000,000)
(Gain)/Loss deferred to OCI 5,900,000,000 (4,233,000,000)
Gain/(Loss) recycled to financing costs (1,477,000,000) 490,000,000
Ending balance € 501,000,000 € (3,922,000,000)
Average FX rate | $ / € 1.18 1.18
Average euro interest rate 2.82% 2.67%
Cash flow hedges | Foreign exchange risk | Cross currency and foreign exchange swaps | Australian dollar bonds    
Risk management strategy of hedge relationships    
Nominal amount 736,000,000 736,000,000
Carrying value assets € 38,000,000  
Carrying value liabilities 0 € 65,000,000
Other comprehensive income    
Beginning balance (26,000,000) (17,000,000)
(Gain)/Loss deferred to OCI (102,000,000) 77,000,000
Gain/(Loss) recycled to financing costs 104,000,000 (86,000,000)
Ending balance € (24,000,000) € (26,000,000)
Average FX rate | $ / € 1.56 1.56
Average euro interest rate 0.92% 0.92%
Cash flow hedges | Foreign exchange risk | Cross currency and foreign exchange swaps | Swiss franc bonds    
Risk management strategy of hedge relationships    
Nominal amount 624,000,000 624,000,000
Carrying value assets € 0  
Carrying value liabilities 45,000,000 € 17,000,000
Other comprehensive income    
Beginning balance 28,000,000 22,000,000
(Gain)/Loss deferred to OCI 28,000,000 (27,000,000)
Gain/(Loss) recycled to financing costs (26,000,000) 33,000,000
Ending balance € 30,000,000 € 28,000,000
Average FX rate | SFr / € 1.08 1.08
Average euro interest rate 1.26% 1.26%
Cash flow hedges | Foreign exchange risk | Cross currency and foreign exchange swaps | Pound sterling bonds    
Risk management strategy of hedge relationships    
Nominal amount 2,585,000,000 3,180,000,000
Carrying value assets € 40,000,000 € 29,000,000
Carrying value liabilities 199,000,000 186,000,000
Other comprehensive income    
Beginning balance 94,000,000 38,000,000
(Gain)/Loss deferred to OCI 1,000,000 79,000,000
Gain/(Loss) recycled to financing costs 228,000,000 (23,000,000)
Ending balance € 323,000,000 € 94,000,000
Average FX rate | £ / € 0.89 0.85
Average euro interest rate 2.59% 2.04%
Cash flow hedges | Foreign exchange risk | Cross currency and foreign exchange swaps | Hong Kong dollar bonds    
Risk management strategy of hedge relationships    
Nominal amount 233,000,000 233,000,000
Carrying value assets € 0 € 22,000,000
Carrying value liabilities 13,000,000  
Other comprehensive income    
Beginning balance (4,000,000) 13,000,000
(Gain)/Loss deferred to OCI 34,000,000 (25,000,000)
Gain/(Loss) recycled to financing costs (17,000,000) 8,000,000
Ending balance € 13,000,000 € (4,000,000)
Average FX rate | $ / € 9.08 9.08
Average euro interest rate 1.48% 1.48%
Cash flow hedges | Foreign exchange risk | Cross currency and foreign exchange swaps | Japanese yen bonds    
Risk management strategy of hedge relationships    
Nominal amount 78,000,000 78,000,000
Carrying value assets € 0 € 1,000,000
Carrying value liabilities 12,000,000  
Other comprehensive income    
Beginning balance 6,000,000 2,000,000
(Gain)/Loss deferred to OCI 13,000,000  
Gain/(Loss) recycled to financing costs (8,000,000) 4,000,000
Ending balance € 11,000,000 € 6,000,000
Average FX rate | ¥ / € 128.53 128.53
Average euro interest rate 2.47% 2.47%
Cash flow hedges | Foreign exchange risk | Cross currency and foreign exchange swaps | Norwegian krona bonds    
Risk management strategy of hedge relationships    
Nominal amount 241,000,000 241,000,000
Carrying value assets € 0  
Carrying value liabilities 22,000,000 € 46,000,000
Other comprehensive income    
Beginning balance (3,000,000) 1,000,000
(Gain)/Loss deferred to OCI (23,000,000) 34,000,000
Gain/(Loss) recycled to financing costs 29,000,000 (38,000,000)
Ending balance € 3,000,000 € (3,000,000)
Average FX rate | kr / € 9.15 9.15
Average euro interest rate 1.12% 1.12%
Cash flow hedges | Foreign currency and interest rate risk | Currency swap contract | US dollar bonds    
Risk management strategy of hedge relationships    
Nominal amount 417,000,000 905,000,000
Carrying value assets € 0 € 46,000,000
Carrying value liabilities 8,000,000  
Other comprehensive income    
Beginning balance 18,000,000 12,000,000
(Gain)/Loss deferred to OCI 52,000,000 (14,000,000)
Gain/(Loss) recycled to financing costs (62,000,000) 20,000,000
Ending balance € 8,000,000 € 18,000,000
Average FX rate | $ / € 1.17 1.17
Average euro interest rate 1.07% 1.05%
Cash flow hedges | Interest rate risk | Interest rate swaps | Euro loans    
Risk management strategy of hedge relationships    
Nominal amount 568,000,000 668,000,000
Carrying value assets € 0  
Carrying value liabilities 0 € 13,000,000
Other comprehensive income    
Beginning balance 7,000,000 11,000,000
(Gain)/Loss deferred to OCI (11,000,000) (4,000,000)
Gain/(Loss) recycled to financing costs 3,000,000  
Ending balance € (1,000,000) € 7,000,000
Average FX rate 0.00  
Average euro interest rate 1.21% 1.21%
Fair value hedges    
Other comprehensive income    
Loss from foreign currency basis outside the cash flow and net investment hedge relationships € 1,164,000,000 € 1,271,000,000
Gain from foreign currency basis outside the cash flow and net investment hedge relationships 0  
Net ineffectiveness on the fair value hedges, recognised in the income statement 8,000,000 8,000,000
Loss in relation to fair value of bonds previously designated in fair value hedge relationships € 774,000,000 € 889,000,000
Fair value hedges | Interest rate risk | Cross currency and foreign exchange swaps | Eurobonds    
Risk management strategy of hedge relationships    
Nominal amount   186,000,000
Carrying value assets   € 131,000,000
Fair value hedges | Interest rate risk | Interest rate swaps | Eurobonds    
Risk management strategy of hedge relationships    
Nominal amount 186,000,000  
Carrying value assets € 131,000,000  
Carrying value liabilities 0  
Other comprehensive income    
Beginning balance 0  
(Gain)/Loss deferred to OCI 0  
Gain/(Loss) recycled to financing costs 0  
Ending balance € 0 € 0
Average FX rate 0.00  
Average euro interest rate 0.00%  
Net investment hedge | Foreign exchange risk | Cross currency and foreign exchange swaps | South African rand investment    
Risk management strategy of hedge relationships    
Nominal amount 1,785,000,000 2,138,000,000
Carrying value assets € 0 € 314,000,000
Carrying value liabilities 23,000,000  
Other comprehensive income    
Beginning balance 631,000,000 810,000,000
(Gain)/Loss deferred to OCI 328,000,000 (179,000,000)
Gain/(Loss) recycled to financing costs 0  
Ending balance € 959,000,000 € 631,000,000
Average FX rate 17.30 16.55
Average euro interest rate 0.31% 0.17%