Audi 2015 Annual Report Download - page 253

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
NOTES TO THE BALANCE SHEET
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27 / DEFERRED TAX LIABILITIES
The temporary differences between the tax bases and the
carrying amounts in the Consolidated Financial Statements are
explained under “Deferred tax” in the “Recognition and measure-
ment principles,” and under Note 10, “Income tax expense.”
Pursuant to IAS 1, deferred tax liabilities are reported as non-
current liabilities, irrespective of their maturities.
28 / OTHER FINANCIAL LIABILITIES
28.1 / NON-CURRENT OTHER FINANCIAL LIABILITIES
EUR million Dec. 31, 2015 Dec. 31, 2014
Negative fair values from derivative financial instruments 1,373 739
Miscellaneous financial liabilities 48 1
Non-current other financial liabilities 1,421 741
The derivative currency hedging instruments reported under
other financial liabilities, which largely refer to currency hedges,
are measured at market value. The total item of currency hedging
instruments is presented under Note 36, “Management of
financial risks.”
28.2 / CURRENT OTHER FINANCIAL LIABILITIES
EUR million Dec. 31, 2015 Dec. 31, 2014
Negative fair values from derivative financial instruments 1,774 975
Liabilities from the transfer of profit 2,752 3,239
Miscellaneous financial liabilities 1,514 1,240
Current other financial liabilities 6,040 5,454
28.3 / NEGATIVE FAIR VALUES OF NON-CURRENT AND CURRENT DERIVATIVE FINANCIAL INSTRUMENTS
EUR million Dec. 31, 2015 Dec. 31, 2014
Cash flow hedges 2,444 1,450
of which to hedge against currency risks from future cash flows 2,401 1,432
of which to hedge against commodity price risks from future cash flows 43 18
Other derivative financial instruments 703 264
Negative fair values of derivative financial instruments 3,147 1,714