Mercedes 1998 Annual Report Download - page 92

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16. SECURITIES, INVESTMENTS AND LONG-TERM FINANCIAL ASSETS
Debt securities 4,565 4,259
Equity securities 971 1,131
Equity based funds 1,970 1,038
Debt based funds 4,654 3,752
12,160 10,180
1998 1997
At December 31,
Information with respect to the Group’s investments and long-
term financial assets is presented in the Consolidated Fixed
Assets Schedule included herein. Securities included in
current assets are comprised of the following:
Aggregate cost, fair values and gross unrealized holding gains
or losses per security class are the following:
At December 31, 1998 At December 31, 1997
Fair Unrealized Fair Unrealized
Cost value Gain Loss Cost vaule Gain Loss
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
88
Carrying amounts and fair values of debt and equity securities
included in securities and investments for which fair values
are readily determinable are classified as follows:
At December 31, 1998 At December 31, 1997
Fair Unrealized Fair Unrealized
Cost value Gain Loss Cost vaule Gain Loss
Available-for-sale 10,501 11,183 706 24 8,603 8,952 356 6
Trading 934 977 44 1 1,218 1,228 10 –
Securities 11,435 12,160 750 25 9,821 10,180 366 6
Investments and long-term
financial assets available-for-sale 278 675 397 – 282 520 238 –
11,713 12,835 1,147 25 10,103 10,700 604 6
Equity securities 1,116 1,623 513 5 693 1,063 371 1
Debt securities issued by the German
government and its agencies 93 93 – – – – – –
Municipal securities 418 418 – – 59 59 – –
Debt securities issued by
foreign governments 892 893 5 3 1,360 1,362 5 2
Corporate securities 1,459 1,478 32 12 1,404 1,412 10 3
Equity based securities 1,761 1,970 208 – 834 1,038 205 –
Debt based securities 4,309 4,654 345 – 3,750 3,752 2 –
Asset-backed securities 597 595 – 3 761 761 – –
Other marketable securities 134 134 – 1 24 25 1 –
Available-for-sale 10,779 11,858 1,103 24 8,885 9,472 594 6
Trading 934 977 44 1 1,218 1,228 10 –
11,713 12,835 1,147 25 10,103 10,700 604 6