INTL FCStone 2014 Annual Report Download - page 92

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INTL FCSTONE INC. Form 10K76
PART II
ITEM 8 Financial Statements and Supplementary Data
Information on Level 3 Financial Assets and Liabilities
e Company’s financial assets at fair value classified within level 3 of the fair value hierarchy as of September 30, 2014 and 2013
are summarized below:
(in millions)
September 30, 2014 September 30, 2013
Total level 3 assets $ 4.3 $ 4.2
Level 3 assets for which the Company bears economic exposure $ 4.3 $ 4.2
Total assets $ 3,039.7 $ 2,848.0
Total financial assets at fair value $ 1,469.0 $ 1,627.7
Total level 3 assets as a percentage of total assets 0.1% 0.1%
Level 3 assets for which the Company bears economic exposure as a percentage of total assets 0.1% 0.1%
Total level 3 assets as a percentage of total financial assets at fair value 0.3% 0.3%
e following tables set forth a summary of changes in the fair value of the Company’s level 3 financial assets and liabilities during
the fiscal years ended September 30, 2014 and 2013, including a summary of unrealized gains (losses) during the fiscal year ended
on the Company’s level 3 financial assets and liabilities still held as of September 30, 2014.
(in millions)
Level 3 Financial Assets and Financial Liabilities
For the Year Ended September 30, 2014
Balances at
beginning of
period
Realized gains
(losses) during
period
Unrealized
gains (losses)
during period
Purchases/
issuances Settlements
Transfers in
or (out) of
Level 3
Balances at
end of period
ASSETS:
Common and
preferred stock
and ADRs $ 0.7 $ — $ — $ — $ — $ — $ 0.7
Corporate and
municipal bonds 3.5 — 0.1 — — — 3.6
$ 4.2 $ — $ 0.1 $ — $ — $ — $ 4.3
(in millions)
Balances at
beginning of
period
Realized gains
(losses) during
period
Remeasurement
gains (losses)
during period Acquisitions Settlements
Transfers in
or (out) of
Level 3
Balances at
end of period
LIABILITIES:
Contingent
liabilities $ 9.6 $ — $ (2.3
) $ 0.5 $ (2.3) $ — $ 5.5
(in millions)
Level 3 Financial Assets and Financial Liabilities
For the Year Ended September 30, 2013
Balances at
beginning of
period
Realized gains
(losses) during
period
Unrealized
gains (losses)
during period
Purchases/
issuances Settlements
Transfers in
or (out) of
Level 3
Balances at
end of period
ASSETS:
Common and
preferred stock
and ADRs $ 0.9 $ — $ (0.2) $ — $ — $ — $ 0.7
Corporate and
municipal bonds 3.6 — (0.1
) — — — 3.5
$ 4.5 $ — $ (0.3) $ — $ — $ — $ 4.2
(in millions)
Balances at
beginning of
period
Realized gains
(losses) during
period
Remeasurement
gains (losses)
during period Acquisitions Settlements
Transfers in
or (out) of
Level 3
Balances at
end of period
LIABILITIES:
Contingent
liabilities $ 14.8 $ — $ 2.6 $ 5.6 $ (13.4) $ — $ 9.6