2019 Annual financial report

	December 31 2018
Maturity
(in millions of euros)	Total	< Years	1-2 years	2-3 year	3-4 years	4-5 years	+5 years
Bonds (excl. accrued interest)	Bonds (excl. accrued interest) December 31 2018 1 794	-	-	-	696	494	603
Medium-term syndicated loan	Medium-term syndicated loan December 31 2018 782	313	469	-	-	-	-
Debt related to acquisitions of shareholdings	Debt related to acquisitions of shareholdings December 31 2018 218	87	55	43	30	3	-
Debt related to commitments to purchase non-controlling interests	Debt related to commitments to purchase non-controlling interests December 31 2018 32	11	12	7	2	-	-
Other financial liabilities	Other financial liabilities December 31 2018 48	38	10	-	-	-	-
Total borrowings and other financial liabilities	Total borrowings and other financial liabilities December 31 2018 2 874	449	546	747	32	497	603
Fair value of derivatives	Fair value of derivatives December 31 2018 44	(2)	-	37	-	-	9
Total liabilities related to financing activities	Total liabilities related to financing activities December 31 2018 2 918	447	546	784	32	497	612

Analysis by currency

(in millions of euros)	December 31, 2019	December 31, 2018
Euros⁽¹⁾	Euros⁽¹⁾ December 31, 2019 4,354	Euros⁽¹⁾ December 31, 2018 2,134
US dollars	US dollars December 31, 2019 1,430	US dollars December 31, 2018 625
Other currencies	Other currencies December 31, 2019 104	Other currencies December 31, 2018 115
Total	Total December 31, 2019 5,888	Total December 31, 2018 2,874

(1) Including euro 3,550 million in Eurobonds swapped to USD as of December 31, 2019 including euro 2,250 million subscribed in 2019 (euro 1,300 million at December 31, 2018).

Analysis by interest rate type

See Note 28 “Risk management – Exposure to interest rate risk”.