30 – Offsetting of financial assets and financial liabilities Index26272829303132 Financial assets and financial liabilities are offset only when the Group has a current and legally enforceable right to set-off the recognized amounts and when there is an intention to settle on a net basis or realize the asset and settle the liability simultaneously. OMV enters in the normal course of business into various master netting arrangements in the form of International Swaps and Derivatives Association (ISDA) agreements or European Federation of Energy Traders (EFET) agreements or other similar arrangements. The tables hereafter show the carrying amounts of recognized financial assets and financial liabilities that are subject to various netting arrangements. The net column would be on the Group’s statement of financial position, if all set-off rights were exercised. (XLSX:) Download Offsetting of financial assets In EUR mn Note Financial instruments (gross) Amounts set off in the statement of financial position Financial instruments in the statement of financial position (net) Liabilities with right of set-off (not offset) Net 2022 Derivative financial instruments 18 13,466 (10,219) 3,247 (547) 2,700 Trade receivables 18 6,086 (1,864) 4,222 (106) 4,116 Other sundry financial assets 18 1,892 (42) 1,850 (1) 1,849 Total 21,444 (12,125) 9,318 (654) 8,664 2021 Derivative financial instruments 18 21,462 (16,844) 4,619 (1,421) 3,197 Trade receivables 18 6,998 (2,480) 4,518 (107) 4,411 Other sundry financial assets 18 2,231 (97) 2,135 (104) 2,031 Total 30,691 (19,420) 11,271 (1,633) 9,639 (XLSX:) Download Offsetting of financial liabilities In EUR mn Note Financial instruments (gross) Amounts set off in the statement of financial position Financial instruments in the statement of financial position (net) Assets with right of set-off (not offset) Net 2022 Derivative financial instruments 24 11,835 (10,219) 1,615 (547) 1,068 Trade payables 24 7,123 (1,864) 5,259 (106) 5,153 Other sundry financial liabilities 24 1,089 (42) 1,047 (1) 1,046 Total 20,046 (12,125) 7,921 (654) 7,267 2021 Derivative financial instruments 24 20,922 (16,844) 4,079 (1,421) 2,657 Trade payables 24 7,340 (2,480) 4,860 (107) 4,753 Other sundry financial liabilities 24 973 (97) 876 (104) 772 Total 29,235 (19,420) 9,815 (1,633) 8,182 29 – Fair value hierarchy31 – Result on financial instruments