APC 2013 Annual Report Download - page 211

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CONSOLIDATED FINANCIALSTATEMENTS ATDECEMBER 31, 2013
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Financial assets
Note15
15.1 – Available-for-sale financial assets
Available-for-sale financial assets, primarily comprising investments, are detailed below:
Dec.31, 2013 Dec.31, 2012
Revaluation/
% interest Gross value Fair value Fair valueimpairment
I – Listed available-for-sale financial assets
NVC Lighting 9.2% 108 (48) 60 57
Gold Peak Industries Holding Ltd 4.4% 6 (4) 33
Total listed AFS 114 (52) 63 60
II – Unlisted available-for-sale financial assets
FCPRSEV1 100% 37 13 50 70
SCL Elements Inc.(1) 100% ---20
SE Buildings Energy Efficiency 100% 16 - 16 17
FCPR Aster II (part A and B) (2) 100% 14 (3) 11 -
Inversion 35% 10 - 10 10
FCPR SESS 100% 10 - 10 3
Others(3) 15 (11) 433
Total unlisted AFS 102 (1) 101 153
TOTAL AVAILABLE-FOR-SALE FINANCIAL ASSETS 216 (53) 164 213
Companies purchased in2012.(1)
Included in line FCPR SEV1 in 2012.(2)
Gross unit value of less than EUR5million.(3)
The fair value of investments quoted in an active market
15.2 – Other non-current financial assets
corresponds to the price on the balance sheet date. Non Current financial assets total EUR127million at
NVC Lighting investment was acquired in July2011 in the December31, 2013.
5
framework of a partnership that gives Schneider Electric an
Current financial assets15.3 –
exclusive access to NVC Lighting’s diffused and well established
channels. The cumulated change in fair value of NVC Lighting
investment determined on its price share and corresponding to a Current financial assets total EUR28million at December31, 2013
loss of EUR48million at closing rate (EUR50million at average and include short-term investments.
rate) at December31, 2013, was recorded in income statement,
as “Other Financial Expense”.
209
2013 REGISTRATION DOCUMENT SCHNEIDER ELECTRIC