38. Offsetting financial assets and financial liabilities

 

31/12/2012

 

 

 

 

 

 

 

 

(a)

(b)

(c) = (a) - (b)

(d)

 

(e) = (c) - (d)

 

 

 

 

 

 

Gross amounts of recognised financial assets/
liabilities

Gross amounts of recognised financial liabilities/
assets that are netted in the balance sheet

Net amounts of financial assets/
liabilities that are shown in the balance sheet

Corresponding amounts that are not netted in the balance sheet

 

€ million

 

 

 

Financial
instru­ments

Collateral received/
provided

Net amount

Financial assets

 

 

 

 

 

 

Loans and advance credit granted

71

0

71

0

0

71

Receivables due from suppliers

2,655

864

1,791

62

0

1,728

Trade receivables

698

130

568

1

0

567

Investments

199

0

199

0

0

199

Miscellaneous financial assets

701

10

691

1

2

688

Derivative financial instruments

11

0

11

1

0

9

Cash and cash equivalents

5,299

0

5,299

0

0

5,299

Receivables from finance leases

11

0

11

0

0

11

Total

9,644

1,004

8,640

66

2

8,572

Financial liabilities

 

 

 

 

 

 

Borrowings excl. finance leases

7,136

0

7,136

0

0

7,136

Trade liabilities

14,507

994

13,513

63

0

13,450

Miscellaneous financial liabilities

1,801

10

1,790

2

0

1,788

Derivative financial instruments

43

0

43

1

6

36

Liabilities from finance leases

1,414

0

1,414

0

0

1.414

Total

24,900

1,004

23,896

66

6

23,824

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

30/9/2012

 

 

 

 

 

 

 

 

(a)

(b)

(c) = (a) - (b)

(d)

 

(e) = (c) - (d)

 

 

 

 

 

 

Gross amounts of recognised financial assets/
liabilities

Gross amounts of recognised financial liabilities/
assets that are netted in the balance sheet

Net amounts of financial assets/
liabilities that are shown in the balance sheet

Corresponding amounts that are not netted in the balance sheet

 

€ million

 

 

 

Financial
instru­ments

Collateral received/
provided

Net amount

Financial assets

 

 

 

 

 

 

Loans and advance credit granted

96

0

96

0

0

96

Receivables due from suppliers

2,142

592

1,550

49

0

1,501

Trade receivables

587

55

532

1

0

531

Investments

193

0

193

0

0

193

Miscellaneous financial assets

708

15

693

1

2

690

Derivative financial instruments

13

0

13

7

0

7

Cash and cash equivalents

2,075

0

2,075

0

0

2,075

Receivables from finance leases

11

0

11

0

0

11

Total

5,825

662

5,163

58

2

5,103

Financial liabilities

 

 

 

 

 

 

Borrowings excl. finance leases

8,068

0

8,068

0

0

8,068

Trade liabilities

11,076

646

10,430

49

0

10,381

Miscellaneous financial liabilities

1,832

16

1,816

1

0

1,815

Derivative financial instruments

44

0

44

7

6

31

Liabilities from finance leases

1,746

0

1,746

0

0

1.746

Total

22,766

662

22,104

58

6

22,041

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

30/9/2013

 

 

 

 

 

 

 

 

(a)

(b)

(c) = (a) - (b)

(d)

 

(e) = (c) - (d)

 

 

 

 

 

 

Gross amounts of recognised financial assets/
liabilities

Gross amounts of recognised financial liabilities/
assets that are netted in the balance sheet

Net amounts of financial assets/
liabilities that are shown in the balance sheet

Corresponding amounts that are not netted in the balance sheet

 

€ million

 

 

 

Financial
instru­ments

Collateral received/
provided

Net amount

Financial assets

 

 

 

 

 

 

Loans and advance credit granted

64

0

64

0

0

64

Receivables due from suppliers

2,028

638

1,389

62

0

1,327

Trade receivables

630

83

547

2

0

545

Investments

266

0

266

0

0

266

Miscellaneous financial assets

662

14

648

1

2

645

Derivative financial instruments

36

18

18

3

0

15

Cash and cash equivalents

2,564

0

2,564

0

0

2,564

Receivables from finance leases

4

0

4

0

0

4

Total

6,253

753

5,500

68

2

5,430

Financial liabilities

 

 

 

 

 

 

Borrowings excl. finance leases

6,560

0

6,560

0

0

6,560

Trade liabilities

10,523

718

9,805

63

0

9,742

Miscellaneous financial liabilities

1,665

17

1,648

3

0

1,645

Derivative financial instruments

45

18

27

3

10

14

Liabilities from finance leases

1,403

0

1,403

0

0

1403

Total

20,196

753

19,443

68

10

19,365