Ford reports $204 million derivatives charge

Foreign exchange and commodity contracts fall in value

Ford Motor Co. reported a $204 million charge to income related to derivatives in the first quarter.

Interest rate contracts hedging debt fell in value $339 million, roughly balancing the $329 million fair value increase in the underlying bonds over the three months to March 31.

The automaker also incurred fair value losses on non-hedging derivatives: $46 million related to commodity instruments, $17 million to interest rate instruments, and $116 million to foreign exchange contracts.

In the

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here