amount Non current financial assets Available for sale financial

Amount non current financial assets available for

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amount Non-current financial assets Available-for-sale financial assets - - 47 - 47 Derivative financial instruments - 12 - - 12 Other non-current assets¹ 326 - - 14 340 Current financial assets Trade receivables 541 - - - 541 Derivative financial instruments - 59 - - 59 Other current assets¹ 259 - - 355 614 Other current interest-bearing deposit 1,199 - - - 1,199 Cash and cash equivalents 848 - - - 848 Financial assets ¹ Within the Company, total other non-current assets are £441 million, all of which are classified as loans and receivables. Total other current assets in the Company are £760 million, of which loans and receivables are £519 million and non-financial assets are £241 million. Group £ million Loans and payables Derivatives used for hedging Non-financial liabilities Total carrying amount Non-current financial liabilities 3,782 - - 3,782 Derivative financial instruments - 101 - 101 Other long-term liabilities¹ 3 - 59 62 Current financial liabilities 728 - - 728 Trade and other payables¹ 1,548 - 2,649 4,197 Derivative financial instruments - 548 - 548 Current portion of long-term borrowings Financial liabilities Interest-bearing long-term borrowings ¹ Within the Company, total other long-term liabilities are £36 million, all of which are classified as non-financial liabilities. Total trade and other payables in the Company are £5,559 million, of which loans and payables are £3,028 million and non-financial liabilities are £2,531 million.
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60 27 Financial instruments continued b Fair values of financial assets and financial liabilities The fair values of the Group’s financial instruments are disclosed in hierarchy levels depending on the nature of the inputs used in determining the fair values as follows: Level 1: Quoted prices (unadjusted) in active markets for identical assets or liabilities; Level 2: Inputs other than quoted prices included within level 1, that are observable for the asset or liability, either directly or indirectly; and Level 3: Inputs for the asset or liability that are not based on observable market data. The carrying amounts and fair values of the Group's financial assets and liabilities as at 31 December 2016 are set out below: Group Fair value Carrying value Level 1 Level 2 Level 3 Total Total 13 - 40 53 53 Amounts owed by parent - 305 - 305 304 - 91 - 91 91 - 19 - 19 19 - 90 - 90 90 - 4,784 - 4,784 4,598 - 260 - 260 240 - 312 - 312 312 - 12 - 12 12 - 1 - 1 1 - 10 - 10 10 Fuel derivatives Interest-bearing loans and borrowings: ¹ Finance leases Fixed rate borrowings Floating rate borrowings Forward currency contracts Currency option contracts Financial liabilities: £ million Financial assets: Available-for-sale financial assets¹ Forward currency contracts Currency option contracts Fuel derivatives ¹ Within the Company, available-for-sale financial assets of £40 million are fair valued at £40 million (Level 3), finance lease obligations of £4,657 million are fair valued at £4,847 million (Level 2), fixed rate borrowings of £107 million are fair valued at £117 million (Level 2) and floating rate borrowings of £268 million are fair valued at £268 million (Level 2).
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