APC 2014 Annual Report Download - page 234

5CONSOLIDATED FINANCIAL STATEMENTS AT DECEMBER31,2014
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
26.2 – Fair value hierarchy incoming information of the asset or liability (other than the2.
market rate available for the level 1) are directly or indirectly
Financial assets and liabilities can be classified at the fair value
accessible;
following the hierarchy levels below:
incoming information non accessible regarding the asset or3.
market value (non-adjusted) on active markets, for similar1. liability.
assets and liabilities, which the company can get at the
valuation date;
Dec. 31, 2014
Carrying Amount Fair value Level 1 Level 2 Level 3
ASSETS
Available-for-sale financial assets 333 333 57 - 276(1)
Marketable securities 714 714 714 - -
Derivative instruments 98 98 - 98 -
LIABILITIES
Bonds (5,405) (5,869) (5,869) - -
Other long-term debt (372) (372) - - (372)
Other current liabilities (6,033) (6,033) - - (6,033)
Derivative instruments (164) (164) - (164) -
Unlisted available-for-sale financial assets are tested once a year and impaired when necessary.(1)
Dec. 31, 2013*
Carrying Amount Fair value Level 1 Level 2 Level 3
ASSETS
Available-for-sale
164 164 63 - 101(1) financial assets
Marketable securities 2,193 2,193 2,193 - -
Derivative instruments 191 191 - 191 -
LIABILITIES
Bonds (6,039) (6,422) (6,422) - -
Other long-term debt (600) (600) - - (600)
Other current
(6,077) (6,077) - - (6,077)liabilities
Derivative instruments (22) (22) - (22) -
Unlisted available-for-sale financial assets are tested once a year and impaired when necessary.(1)
The 2013 figures were restated from the change in consolidation method disclosed in note1.*
232 2014 REGISTRATION DOCUMENT SCHNEIDER ELECTRIC