INTEGRATED
REPORT
2019

13.3. Fair value measurement

31/12/2019

Fair value hierarchy
NOTE  Carrying
amount
 Fair
value
Level 1 Level 2  Level 3
Financial assets
Financial assets measured at fair value through other comprehensive income 12.8.1 66 66 26 40
Derivatives 12.8 553 553 553
619 619 26 553 40
Financial liabilities
Loans 12.6.1.1 2,136 2,135 2,135
Bonds 12.6.1.2 6,471 6,745 6,745
Derivatives 12.8 268 268 268
8,875 9,148 6,745 2,403

31/12/2018

Fair value hierarchy
NOTE  Carrying
amount
 Fair
value
Level 1 Level 2  Level 3
Financial assets
Financial assets measured at fair value through other comprehensive income 86 86 46 40
Derivatives 12.8 685 685 685
771 771 46 685 40
Financial liabilities
Loans 12.6.1.1 2,263 2,263 2,263
Bonds 12.6.1.2 7,528 7,788 7,788
Lease 12.5.3, 12.8 229 236 236
Derivatives 12.8 235 235 235
10,255 10,522 7,788 2,734

For other classes of financial assets and liabilities fair value represents their carrying amount.

Search results