CAPGEMINI_REGISTRATION_DOCUMENT_2017
4
FINANCIAL INFORMATION
4.2 Consolidated Financial Statements
Financial instrument classification and fair value hierarchy The following table presents the net carrying amount of financial assets and liabilities and the fair value of financial instruments broken down according to the three{classification levels defined above (except for financial instruments where the net carrying amount represents a reasonable approximation of fair value).
Net carrying amount
Fair value
Amortized cost
December{31, 2017 (in millions of euros)
Note
Fair value
Level{1
Level{2
Level{3
Financial assets Shares in non-consolidated companies and associates Long-term deposits, receivables and other investments
18
4
4
18 18
124 130
Other non-current assets
Current and non-current asset derivative instruments
18-20
174
174
Accounts and notes receivables
19 20 21 21
3,265
Other current assets
536
Cash management assets
168
168
Cash and cash equivalents
1,988
1,988
{ Financial liabilities Bonds
21 21
3,264
Obligations under finance leases
87
Draw-downs on bank and similar facilities and other borrowings, net
21 26
21
Other current and non-current liabilities
374
Current and non-current liability derivative instruments
26 27 21
18
18
Accounts and notes payable
2,837
Bank overdrafts
-
-
Other non-current assets
At December{31 (in millions of euros)
Note
2016
2017
Long-term deposits, receivables and other investments
119 120
124
Derivative instruments
23
53 72 62
Non-current tax receivables
83 52
Other
OTHER NON-CURRENT ASSETS
374
311
22
Long-term deposits, receivables and other investments consist mainly of aides à la construction (building aid program) loans and security deposits and guarantees relating to leases. Derivative instruments primarily consist of the fair value of derivative instruments contracted as part of the centralized
management of currency risk in the amount of €53{million (current portion of €110{million, see Note{20 - Other current assets). At December{31, 2017, “Non-current tax receivables” include research tax credit receivables and competitiveness and employment tax credit receivables in France in the amount of €54{million (€56{million as of December{31, 2016).
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REGISTRATION DOCUMENT 2017 — CAPGEMINI
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