The method of measuring the fair value of financial assets and liabilities has not changed since the 31 December 2020 accounts closing date.
The following table shows the carrying amount and fair value of financial assets and liabilities in the balance sheet by accounting category as defined in IFRS 9:
| 31/12/2021 | Accounting categories | Fair value | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet headings and classes of instrument |
Derivatives at fair value through profit and loss |
Derivatives designated as hedges |
Financial assets measured at fair value through profit or loss |
Financial assets measured at fair value through other comprehensive income |
Financial assets at amortised cost |
Financial liabilities at amortised cost |
Total | Level 1: quoted prices and cash |
Level 2: internal model using observable factors |
Level 3: internal model using nonobservable factors |
Total |
| Equity instruments | - | - | 1,069 | 9 | - | - | 1,078 | 898 (*) | - | 180 | 1,078 |
| Financial assets at amortised cost and PPP financial receivables |
- | - | - | - | 1 372 | - | 1 372 | - | 1 372 | - | 1,372 |
| I - Non-current financial assets (**) |
- | - | 1,069 | 9 | 1 372 | - | 2,450 | 898 | 1,372 | 180 | 2,450 |
| II - Derivative financial instruments - assets |
128 | 767 | - | - | - | - | 894 | - | 894 | - | 894 |
| Cash management financial assets |
- | - | 114 | - | - | - | 114 | - | 114 | - | 114 |
| Financial current accounts - assets |
- | - | - | - | 86 | - | 86 | 86 | - | - | 86 |
| Cash equivalents | - | - | 3,042 | - | - | - | 3,042 | 732 | 2,310 (***) | - | 3,042 |
| Cash | - | - | 8,022 | - | - | - | 8,022 | 8,022 | - | - | 8,022 |
| III - Current financial assets |
- | - | 11,178 | - | 86 | - | 11,264 | 8,841 | 2,423 | - | 11,264 |
| Total assets |
128 | 767 | 12,247 | 9 | 1,458 | - | 14,609 | 9,739 | 4,690 | 180 | 14,609 |
| Bonds | (24,952) | (24,952) | (24,472) | (1,309) | - | (25,782) | |||||
| Other bank loans and other financial debt |
(3,545) | (3,545) | - | (3,592) | - | (3,592) | |||||
| IV - Long-term financial debt |
- | - | - | - | - | (28,497) | (28,497) | (24,472) | (4,902) | - | ( 29,374) |
| V - Derivative financial instruments - liabilities |
(488) | (456) | - | - | - | - | (944) | - | (944) | - | (944) |
| Other current financial liabilities |
(1,031) | (1,031) | - | (1,031) | - | (1,031) | |||||
| Financial current accounts – liabilities |
(61) | (61) | (61) | - | - | (61) | |||||
| Bank overdrafts | (876) | (876) | (876) | - | - | (876) | |||||
| VI - Current financial liabilities |
- | - | - | - | - | (1,968) | (1,968) | (937) | (1,031) | - | (1,968) |
| Total liabilities |
(488) | (456) | - | - | - | (30,465) | (31,409) | (25,409) | (6,876) | - | (32,286) |
(*) Fair value of Groupe ADP shares – see Note E.11, “Other non-current financial assets”.
(**) See Note E.11, “Other non-current financial assets” and Note F.14, “PPP financial receivables (controlled companies)”.
(***) Mainly comprising certificates of deposit, term deposits and time-deposit accounts.
