The table below shows the carrying amount and fair value of financial assets and liabilities as reported at 31 December 2024 by accounting category, as defined by IFRS 9:
| 31/12/2024 | Accounting categories | Fair value | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|
(in € millions) Balance sheet headings and classes of instrument |
Derivatives at fair value through profit or 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 non-observable factors | Total |
| Equity instruments | - | - |
1,097 |
10 |
- |
- |
1,107 |
885(*) |
- |
222 |
1,107 |
| Financial assets at amortised cost and PPP financial receivables | - | - | - | - |
1,619 |
- |
1,619 |
- |
1,619 |
- |
1,619 |
| I – Non-current financial assets(**) |
- |
- |
1,097 |
10 |
1,619 |
- |
2,726 |
885 |
1,619 |
222 |
2,726 |
| II – Derivative financial instruments - assets | 89 | 246 | - | - | - | - | 335 | - | 335 | - | 335 |
| Cash management financial assets | - | - | 595 | - | - | - | 595 | - | 595 | - | 595 |
| Financial current accounts - assets | - | - | - | - | 299 | - | 299 | 299 | - | - | 299 |
| Cash equivalents |
6,307 |
6,307 |
649 |
5,658*** |
- |
6,307 |
|||||
| Cash | 8,892 | 8,892 | 8,892 | - | - | 8,892 | |||||
| III – Current financial assets |
- |
- |
15,794 |
- |
299 |
- |
16,094 |
9,840 |
6,253 |
- |
16,094 |
| Total assets |
89 |
246 |
16,891 |
10 |
1,919 |
- |
19,155 |
10,725 |
8,208 |
222 |
19,155 |
| Bonds | - | - | - | - | - |
(26,794) |
(26,794) |
(23,378) |
(2,860) |
- |
(26,239) |
| Other bank loans and other financial debt | - | - | - | - | - |
(5,464) |
(5,464) |
- |
(5,546) |
- |
(5,546) |
| IV – Long-term financial debt |
- |
- |
- |
- |
- |
(32,258) |
(32,258) |
(23,378) |
(8,407) |
- |
(31,785) |
| V – Derivative financial instruments - liabilities |
(458) |
(1,099) |
- |
- |
- |
- |
(1,557) |
- |
(1,557) |
- |
(1,557) |
| Other current financial liabilities | - | - | - | - | - | (1,987) | (1,987) | - | (1,987) | - | (1,987) |
| Financial current accounts - liabilities | - | - | - | - | - | (123) | (123) | (123) | - | - | (123) |
| Bank overdrafts | - | - | - | - | - | (902) | (902) | (902) | - | - | (902) |
| VI – Current financial liabilities | - | - | - | - | - |
(3,013) |
(3,013) |
(1,025) |
(1,987) |
- |
(3,013) |
| Total liabilities |
(458) |
(1,099) |
- |
- |
- |
(35,271) |
(36,828) |
(24,403) |
(11,952) |
- |
(36,355) |
