29 – Fair value hierarchy

Fair value hierarchy of financial assets 1 and net amount of assets and liabilities held for sale at fair value

In EUR mn

 

 

 

 

 

 

 

 

Carrying amount

Fair value level

 

At amortized cost

At fair value

Total

Level 1

Level 2

Level 3

Total

 

 

 

 

 

 

 

 

 

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 assets 2

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

 

 

 

 

 

 

 

 

 

2019

Trade receivables

2,911

131

3,042

131

131

Investments in other companies

24

24

24

24

Bonds

78

78

Derivatives designated and effective as hedging instruments

284

284

284

284

Other derivatives

2,391

2,391

241

2,150

2,391

Loans

855

855

Other sundry financial assets 2

1,182

721

1,903

721

721

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

n.a.

8

8

8

8

Total

5,026

3,559

8,585

241

2,573

745

3,559

1

Excluding assets held for sale

2

Other sundry receivables include an asset from reserves redetermination rights related to the acquisition of interests in the field Yuzhno Russkoye and contingent considerations 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 liabilities 1

In EUR mn

 

 

 

 

 

 

 

 

Carrying amount

Fair value level

 

At amortized cost

At fair value

Total

Level 1

Level 2

Level 3

Total

 

 

 

 

 

 

 

 

 

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

 

 

 

 

 

 

 

 

 

2019

Trade payables

4,155

4,155

Bonds

5,802

5,802

Lease liabilities

1,053

1,053

Other interest bearing debt

769

769

Liabilities on derivatives designated and effective as hedging instruments

237

237

237

237

Liabilities on other derivatives

2,241

2,241

266

1,976

2,241

Other sundry financial liabilities

642

642

Total

12,420

2,478

14,898

266

2,213

2,478

1

Excluding liabilities associated with assets held for sale

Financial assets and liabilities for which fair values are disclosed 1

In EUR mn

 

 

 

 

 

Fair Value

Fair value level

 

 

Level 1

Level 2

Level 3

 

 

 

 

 

 

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

 

 

 

 

 

 

2019

Bonds

77

5

72

Financial assets

77

5

72

Bonds

6,317

6,317

Other interest bearing debt

792

792

Financial liabilities

7,109

6,317

792

1

Excluding assets and liabilities that were reclassified to held for sale