FINANCIAL REPORT 2015

Quoted prices in active markets for identical instruments: LEVEL 1

Valuation based on observable data: LEVEL 2

Valuation based on unobservable data: LEVEL 3

Total 31.12.2014 Restated (1)

(in thousands of euros)

FINANCIAL ASSETS HELD-FOR-TRADING Securities held-for-trading - Treasury bills and similar securities

504 884

0

504 884

0

0

Derivative instruments

504 884

504 884

AVAILABLE-FOR-SALE FINANCIAL ASSETS

19 464 749

19 457 609

7 140

0

Treasury bills and similar securities

6 686 190

6 686 190

Bonds and other fixed income securities

12 771 131

12 771 131

0

Equities and other variable- income securities

7 428

288

7 140

HEDGING DERIVATIVE INSTRUMENTS

407

0

407

0

TOTAL FINANCIAL LIABILITIES OF WHICH FAIR VALUE IS DISCLOSED

19 970 040

19 457 609

512 431

0

(1) Restated amounts compared with the financial statements published in 2014, following the application of IFRIC 21

Financial liabilities measured at fair value

Quoted prices in active markets for identical instruments: LEVEL 1

Valuation based on observable data: LEVEL 2

Valuation based on unobservable data: LEVEL 3

(in thousands of euros)

Total 31.12.2015

FINANCIAL ASSETS HELD-FOR-TRADING

332 553

0

332 553

0

Derivative instruments

332 553

332 553

HEDGING DERIVATIVE INSTRUMENTS

99 567

99 567

TOTAL FINANCIAL LIABILITIES MEASURED AT FAIR VALUE

432 120

0

432 120

0

Quoted prices inactive markets for identical instruments: LEVEL 1

Valuation based on observable data: LEVEL 2

Valuation based on unobservable data: LEVEL 3

Total 31.12.2014 Restated (1)

(in thousands of euros)

FINANCIAL ASSETS HELD-FOR-TRADING

476 077

0

476 077

0

Derivative instruments

476 077

476 077

HEDGING DERIVATIVE INSTRUMENTS

106 315

0

106 315

0

TOTAL FINANCIAL LIABILITIES MEASURED AT FAIR VALUE

582 392

0

582 392

0

(1) Restated amounts compared with the financial statements published in 2014, following the application of IFRIC 21

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