31 – Fair value hierarchy
In EUR mn |
|
|
|
|
|
|
|
||
---|---|---|---|---|---|---|---|---|---|
|
Carrying amount |
Fair value level |
|||||||
|
Valued at amortized cost |
Valued at fair value |
Total |
Level 1 |
Level 2 |
Level 3 |
Total |
||
|
|
|
|
|
|
|
|
||
|
2023 |
||||||||
Trade receivables |
3,356 |
99 |
3,455 |
— |
99 |
— |
99 |
||
Equity investments |
— |
57 |
57 |
— |
34 |
23 |
57 |
||
Investment funds |
— |
28 |
28 |
28 |
— |
— |
28 |
||
Bonds |
285 |
— |
285 |
— |
— |
— |
— |
||
Derivatives designated and effective as hedging instruments |
— |
52 |
52 |
— |
52 |
— |
52 |
||
Other derivatives |
— |
890 |
890 |
0 |
890 |
— |
890 |
||
Loans |
910 |
— |
910 |
— |
— |
— |
— |
||
Other sundry financial assets |
1,610 |
2 |
1,612 |
— |
— |
2 |
2 |
||
Net amount of assets and liabilities associated with assets held for sale |
n.a. |
13 |
13 |
— |
13 |
— |
13 |
||
Total |
6,160 |
1,141 |
7,301 |
28 |
1,088 |
25 |
1,141 |
||
|
|
|
|
|
|
|
|
||
|
2022 |
||||||||
Trade receivables |
4,086 |
136 |
4,222 |
— |
136 |
— |
136 |
||
Equity investments |
— |
42 |
42 |
— |
— |
42 |
42 |
||
Investment funds |
— |
26 |
26 |
26 |
— |
— |
26 |
||
Bonds |
52 |
— |
52 |
— |
— |
— |
— |
||
Derivatives designated and effective as hedging instruments |
— |
380 |
380 |
— |
380 |
— |
380 |
||
Other derivatives |
— |
2,867 |
2,867 |
14 |
2,853 |
— |
2,867 |
||
Loans |
711 |
— |
711 |
— |
— |
— |
— |
||
Other sundry financial assets |
1,850 |
— |
1,850 |
— |
— |
— |
— |
||
Net amount of assets and liabilities associated with assets held for sale |
n.a. |
882 |
882 |
— |
58 |
824 |
882 |
||
Total |
6,699 |
4,334 |
11,032 |
40 |
3,427 |
866 |
4,334 |
||
|
In EUR mn |
|
|
|
|
|
|
|
||||
---|---|---|---|---|---|---|---|---|---|---|---|
|
Carrying amount |
Fair value level |
|||||||||
|
Valued at amortized cost |
Valued at fair value |
Total |
Level 1 |
Level 2 |
Level 3 |
Total |
||||
|
|
|
|
|
|
|
|
||||
|
2023 |
||||||||||
Trade payables |
3,955 |
— |
3,955 |
— |
— |
— |
— |
||||
Bonds |
6,073 |
— |
6,073 |
— |
— |
— |
— |
||||
Lease liabilities |
1,585 |
— |
1,585 |
— |
— |
— |
— |
||||
Other interest-bearing debt |
1,470 |
— |
1,470 |
— |
— |
— |
— |
||||
Liabilities on derivatives designated and effective as hedging instruments |
— |
67 |
67 |
— |
67 |
— |
67 |
||||
Liabilities on other derivatives |
— |
469 |
469 |
37 |
432 |
— |
469 |
||||
Other sundry financial liabilities |
1,204 |
— |
1,204 |
— |
— |
— |
— |
||||
Other liabilities at fair value2 |
— |
28 |
28 |
— |
28 |
— |
28 |
||||
Total |
14,287 |
564 |
14,851 |
37 |
528 |
— |
564 |
||||
|
|
|
|
|
|
|
|
||||
|
2022 |
||||||||||
Trade payables |
5,259 |
— |
5,259 |
— |
— |
— |
— |
||||
Bonds |
7,320 |
— |
7,320 |
— |
— |
— |
— |
||||
Lease liabilities |
1,476 |
— |
1,476 |
— |
— |
— |
— |
||||
Other interest-bearing debt |
1,487 |
— |
1,487 |
— |
— |
— |
— |
||||
Liabilities on derivatives designated and effective as hedging instruments |
— |
44 |
44 |
— |
44 |
— |
44 |
||||
Liabilities on other derivatives |
— |
1,571 |
1,571 |
0 |
1,571 |
— |
1,571 |
||||
Other sundry financial liabilities |
1,047 |
— |
1,047 |
— |
— |
— |
— |
||||
Other liabilities at fair value2 |
— |
132 |
132 |
— |
132 |
— |
132 |
||||
Total |
16,589 |
1,747 |
18,336 |
0 |
1,747 |
— |
1,747 |
||||
|
In EUR mn |
|
|
|
|
|
---|---|---|---|---|---|
|
Carrying amount |
Fair value |
Fair value level |
||
|
|
|
Level 1 |
Level 2 |
Level 3 |
|
|
|
|
|
|
|
2023 |
||||
Bonds |
6,073 |
5,766 |
5,766 |
— |
— |
Other interest-bearing debt |
1,470 |
1,349 |
— |
1,349 |
— |
Financial liabilities |
7,543 |
7,115 |
5,766 |
1,349 |
— |
|
|
|
|
|
|
|
2022 |
||||
Bonds |
7,320 |
6,747 |
6,747 |
— |
— |
Other interest-bearing debt |
1,487 |
1,320 |
— |
1,320 |
— |
Financial liabilities |
8,807 |
8,067 |
6,747 |
1,320 |
— |
The table above shows the carrying amount and fair value of financial liabilities, including their levels in the fair value hierarchy. It does not include fair value information of other financial assets and liabilities measured at amortized costs, as the carrying amount represents an adequate approximation to the fair value.