APC 2014 Annual Report Download - page 232

5CONSOLIDATED FINANCIAL STATEMENTS AT DECEMBER31,2014
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Financial instruments Note26
The Group uses financial instruments to manage its exposure to fluctuations in interest rates, exchange rates and metal prices.
26.1 – Balance sheet exposure
Dec. 31, 2014 Breakdown by category
Financial
Available- liabilities
Fair Fair value Loans andfor-sale measured at
Fair value through financial account amortized
Value through P&L equity assets receivables cost
ASSETS
Available-for-sale financial assets 333 - - 333 - -
Other non-current financial assets 365 - - - 365 -
TOTAL NON-CURRENT ASSETS 698 - - 333 365 -
Trade accounts receivable 5,991 - - - 5,991 -
Other receivables
Current financial assets 49 49 - - - -
Marketable securities 714 714 - - - -
Derivative instrument – foreign currencies 70 70 - - - -
Derivative instrument – interest rates - - - - - -
Derivative instrument – commodities - - - - - -
Derivative instrument – shares 28 32 (4) - - -
TOTAL CURRENT ASSETS 6,852 865 (4) - 5,991 -
LIABILITIES
Long-term portion of bonds(1) (5,118) - - - - (5,118)
Other long-term debt (372) - - - - (372)
TOTAL NON-CURRENT LIABILITIES (5,490) - - - - (5,490)
Short-term portion of bonds(1) (751) - - - - (751)
Short-term debt (1,895) - - - - (1,895)
Trade accounts payable (4,106) - - - - (4,106)
Other (32) - - - - (32)
Derivative instrument – foreign currencies (151) (124) (27) - - -
Derivative instrument – interest rates (2) - (2) - - -
Derivative instrument – commodities (11) - (11) - - -
Derivative instrument – shares - - - - - -
TOTAL CURRENT LIABILITIES (6,948) (124) (40) (6,784)
Overall, the financial instruments listed in the balance sheet are accounted at the fair value, except for the bonds for which the amortized (1)
cost represents EUR5,869million compared to EUR5,405million reflected in the balance sheet.
The impact of financial instruments, by category, on profit and the impact on equity primarily stemmed from the measurement
l
equity was as follows: of available-for-sale financial assets and derivative instruments
at fair value and from translation adjustments of foreign
the main impact on profit concerned interest income and
l
currency loans, receivables and liabilities.
expense;
230 2014 REGISTRATION DOCUMENT SCHNEIDER ELECTRIC