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Categories of financial instruments |
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Classes |
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Financial assets measured at amortized cost |
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Financial assets measured at fair value |
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Categories |
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Loans and receivables |
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Financial assets measured at fair value through profit or loss |
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Held for trading (derivatives) |
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Other |
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Total |
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Assets 2011/12 |
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Other financial assets – non-current |
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16.6 |
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143.9 |
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160.5 |
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Trade and other receivables |
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1,772.5 |
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1.9 |
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1,774.4 |
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Other financial assets – current |
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406.6 |
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406.6 |
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Cash and cash equivalents |
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677.2 |
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677.2 |
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Carrying amount |
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2,466.3 |
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1.9 |
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550.5 |
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3,018.7 |
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Fair value |
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2,466.3 |
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1.9 |
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550.5 |
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3,018.7 |
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Assets 2012/13 |
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Other financial assets – non-current |
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26.2 |
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83.0 |
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109.2 |
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Trade and other receivables |
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1,634.9 |
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20.7 |
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1,655.6 |
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Other financial assets – current |
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473.3 |
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473.3 |
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Cash and cash equivalents |
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1,092.7 |
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1,092.7 |
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Carrying amount |
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2,753.8 |
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20.7 |
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556.3 |
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3,330.8 |
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Fair value |
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2,753.8 |
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20.7 |
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556.3 |
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3,330.8 |
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In millions of euros | ||
The item “Other” in the category “Financial assets measured at fair value through profit or loss” contains securities measured using the fair value option as well as other non-consolidated investments.
| (XLS:) Download |
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Classes |
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Financial liabilities measured at amortized cost |
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Financial liabilities measured at fair value |
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Categories |
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Financial liabilities measured at amortized cost |
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Financial liabilities measured at fair value through profit or loss – Held for trading (derivatives) |
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Total |
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Liabilities 2011/12 |
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Financial liabilities – non-current |
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1,970.7 |
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1,970.7 |
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Financial liabilities – current |
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1,799.2 |
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1,799.2 |
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Trade and other payables |
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2,101.4 |
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12.1 |
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2,113.5 |
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Carrying amount |
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5,871.3 |
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12.1 |
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5,883.4 |
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Fair value |
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5,954.7 |
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12.1 |
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5,966.8 |
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Liabilities 2012/13 |
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Financial liabilities – non-current |
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2,558.8 |
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2,558.8 |
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Financial liabilities – current |
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1,324.6 |
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1,324.6 |
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Trade and other payables |
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2,119.6 |
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25.2 |
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2,144.8 |
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Carrying amount |
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6,003.0 |
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25.2 |
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6,028.2 |
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Fair value |
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6,105.8 |
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25.2 |
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6,131.0 |
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In millions of euros | ||
The table below analyzes financial instruments measured at fair value, by valuation method. The different levels of valuation methods have been defined as follows:
| (XLS:) Download |
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Level 1 |
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Quoted prices (unadjusted) in active markets for identical assets or liabilities |
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Level 2 |
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Inputs other than quoted prices included within Level 1 that are observable for the asset or liability either directly (i.e., as prices) or indirectly (i.e., derived from prices) |
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Level 3 |
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Inputs for the asset or liability that are not based on observable market data (unobservable inputs) |
| (XLS:) Download |
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Level 1 |
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Level 2 |
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Level 3 |
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Total |
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2011/12 |
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Financial assets |
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Financial assets measured at fair value through profit or loss |
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Held for trading (derivatives) |
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1.9 |
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1.9 |
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Other |
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483.6 |
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66.9 |
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550.5 |
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483.6 |
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1.9 |
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66.9 |
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552.4 |
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Financial liabilities |
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Financial liabilities measured at fair value through profit or loss – Held for trading (derivatives) |
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12.1 |
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12.1 |
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0.0 |
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12.1 |
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0.0 |
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12.1 |
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Total |
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483.6 |
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14.0 |
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66.9 |
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564.5 |
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2012/13 |
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Financial assets |
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Financial assets measured at fair value through profit or loss |
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Held for trading (derivatives) |
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20.7 |
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20.7 |
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Other |
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492.6 |
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63.7 |
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556.3 |
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492.6 |
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20.7 |
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63.7 |
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577.0 |
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Financial liabilities |
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Financial liabilities measured at fair value through profit or loss – Held for trading (derivatives) |
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25.2 |
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25.2 |
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0.0 |
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25.2 |
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0.0 |
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25.2 |
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Total |
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492.6 |
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45.9 |
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63.7 |
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602.2 |
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In millions of euros | ||
Level 3 contains other investments that are measured at fair value in accordance with IAS 39. As the fair value is not reliably determinable for all other investments, amortized costs serve as an approximation. The costs (in the current reporting period as well as in the previous year) either correspond to the fair value, or the deviations are immaterial.
Financial instruments that are classified as Level 3 declined in the reporting period from EUR 66.9 million to EUR 63.7 million. The change is primarily the result of the impairment of non-consolidated entities.
The table below shows net gains and losses on categories of financial instruments:
| (XLS:) Download |
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2011/12 |
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2012/13 |
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Loans and receivables |
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55.7 |
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38.0 |
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Held for trading (derivatives) |
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25.7 |
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5.7 |
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Other |
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11.9 |
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16.3 |
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Financial liabilities |
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–223.6 |
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–200.3 |
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In millions of euros | ||
Total interest income and total interest expense for financial assets and financial liabilities that were not measured at fair value through profit or loss were recorded as follows:
| (XLS:) Download |
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2011/12 |
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2012/13 |
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Total interest income |
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54.2 |
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40.5 |
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Total interest expense |
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–220.8 |
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–203.8 |
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In millions of euros | ||
The impairment loss on financial instruments measured at amortized cost amounts to EUR 14.8 million (2011/12: EUR 13.2 million).
