INTL FCStone 2014 Annual Report Download - page 90

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INTL FCSTONE INC. Form 10K74
PART II
ITEM 8 Financial Statements and Supplementary Data
e following tables set forth the Company’s financial and nonfinancial assets and liabilities accounted for at fair value, on a recurring
basis, as of September 30, 2014 and September 30, 2013 by level in the fair value hierarchy. ere were no assets or liabilities that
were measured at fair value on a nonrecurring basis as of September 30, 2014 and 2013.
(in millions)
September 30, 2014
Level 1 Level 2 Level 3
Netting and
Collateral(1) Total
ASSETS:
Unrestricted cash equivalents - certificates of deposits $ 1.5 $ — $ — $ — $ 1.5
Commodities warehouse receipts 14.8 — — — 14.8
U.S. government obligations — 0.5 — — 0.5
Securities and other assets segregated under federal
and other regulations 14.8 0.5 — — 15.3
Money market funds 826.8 — — — 826.8
U.S. government obligations — 702.5 — — 702.5
Derivatives 3,397.1 — — (3,671.0) (273.9)
Deposits and receivables from exchange-clearing
organizations 4,223.9 702.5 — (3,671.0) 1,255.4
Deposits and receivables from broker-dealers, clearing
organizations and counterparties - derivatives 549.0 — — (550.1) (1.1)
Common and preferred stock and American Depositary
Receipts (“ADRs”) 66.8 15.0 0.7 — 82.5
Exchangeable foreign ordinary equities and ADRs 27.2 — — — 27.2
Corporate and municipal bonds 7.1 9.0 3.6 — 19.7
U.S. government obligations — 0.3 — — 0.3
Foreign government obligations — 10.7 — — 10.7
Derivatives 332.4 2,328.3 — (2,616.4) 44.3
Commodities leases — 60.1 — (58.0) 2.1
Commodities warehouse receipts 3.6 — — — 3.6
Exchange firm common stock 4.8 — — — 4.8
Mutual funds and other 2.7 — — — 2.7
Financial instruments owned 444.6 2,423.4 4.3 (2,674.4) 197.9
Total assets at fair value $ 5,233.8 $ 3,126.4 $ 4.3 $ (6,895.5) $ 1,469.0
LIABILITIES:
Accounts payable and other accrued liabilities -
contingent liabilities $ — $ — $ 5.5 $ — $ 5.5
Payable to customers - derivatives 3,469.8 — — (3,469.8) —
Common and preferred stock and ADRs 92.8 2.6 — — 95.4
Exchangeable foreign ordinary equities and ADRs 5.8 — — — 5.8
Corporate and municipal bonds 2.8 — — — 2.8
Derivatives 327.0 2,257.7 — (2,500.3) 84.4
Commodities leases — 176.0 — (100.4) 75.6
Financial instruments sold, not yet purchased 428.4 2,436.3 — (2,600.7) 264.0
Total liabilities at fair value $ 3,898.2 $ 2,436.3 $ 5.5 $ (6,070.5) $ 269.5
(1) Represents cash collateral and the impact of netting across the levels of the fair value hierarchy. Netting among positions classified within the same level are included in
that level.