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29 – Fair value hierarchy

Fair value hierarchy of financial assets1 and net amount of assets and liabilities held for sale at fair value

In EUR mn

 

 

 

 

 

 

 

 

Carrying amount

Fair value level

 

Valued at amortized cost

Valued at fair value

Total

Level 1

Level 2

Level 3

Total

 

 

 

 

 

 

 

 

 

2021

Trade receivables

4,260

258

4,518

258

258

Investments in other companies

17

17

17

17

Investment funds

30

30

30

30

Bonds

63

63

Derivatives designated and effective as hedging instruments

398

398

398

398

Other derivatives

4,220

4,220

40

4,180

4,220

Loans

2,015

2,015

Other sundry financial assets2

1,703

432

2,135

432

432

Net amount of assets and liabilities associated with assets held for sale

n.a.

354

354

(23)

377

354

Total

8,041

5,709

13,751

70

4,814

826

5,709

 

 

 

 

 

 

 

 

 

2020

Trade receivables

3,245

71

3,316

71

71

Investments in other companies

15

15

15

15

Investment funds

35

35

35

35

Bonds

64

64

Derivatives designated and effective as hedging instruments

71

71

71

71

Other derivatives

2,502

2,502

69

2,433

2,502

Loans

1,720

1,720

Other sundry financial assets2

1,313

744

2,058

744

744

Net amount of assets and liabilities associated with assets held for sale

n.a.

98

98

98

98

Total

6,343

3,536

9,878

104

2,672

759

3,536

1

Excluding assets held for sale

2

Other sundry financial assets at fair value include an asset from reserves redetermination rights related to the acquisition of interests in the field Yuzhno Russkoye, 2020 included in addition a contingent consideration from the divestments of the 30% stake in the field Rosebank and of OMV (U.K.) Limited. Please see Note 18 – Financial assets – for further details.

Fair value hierarchy of financial liabilities1

In EUR mn

 

 

 

 

 

 

 

 

Carrying amount

Fair value level

 

Valued at amortized cost

Valued at fair value

Total

Level 1

Level 2

Level 3

Total

 

 

 

 

 

 

 

 

 

2021

Trade payables

4,860

4,860

Bonds

8,070

8,070

Lease liabilities

1,018

1,018

Other interest bearing debt

1,765

1,765

Liabilities on derivatives designated and effective as hedging instruments

102

102

17

85

102

Liabilities on other derivatives

3,977

3,977

42

3,935

3,977

Other sundry financial liabilities

876

876

Total

16,588

4,079

20,667

59

4,019

4,079

 

 

 

 

 

 

 

 

 

2020

Trade payables

4,304

4,304

Bonds

8,869

8,869

Lease liabilities

1,084

1,084

Other interest bearing debt

1,983

1,983

Liabilities on derivatives designated and effective as hedging instruments

98

98

98

98

Liabilities on other derivatives

2,418

2,418

70

2,349

2,418

Other sundry financial liabilities

1,033

1,033

Total

17,272

2,516

19,788

70

2,446

2,516

1

Excluding liabilities associated with assets held for sale

Financial assets and liabilities for which fair values are disclosed1

In EUR mn

 

 

 

 

 

Fair Value

Fair value level

 

 

Level 1

Level 2

Level 3

 

 

 

 

 

 

2021

Bonds

63

63

Financial assets

63

63

Bonds

8,586

8,586

Other interest bearing debt

1,742

1,742

Financial liabilities

10,328

8,586

1,742

 

 

 

 

 

 

2020

Bonds

64

64

Financial assets

64

64

Bonds

9,652

9,352

300

Other interest bearing debt

2,002

2,002

Financial liabilities

11,654

9,352

2,302

1

Excluding assets and liabilities that were reclassified to held for sale