Mercedes 2006 Annual Report Download - page 190

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174
Investments without a quoted market price were tested for
impairment when an impairment indicator occurred. In 2006 and
2005, investments without a quoted market price with carrying
amounts of €76 million and €20 million, respectively, were tested
for impairment. In these periods, no unrealized losses were
recognized.
Short-term securities are disclosed in the Consolidated Balance
Sheets among “securities” and are recorded separately as
available-for-sale and trading:
As of December 31, 2006, the table below shows the (amortized)
costs, fair values, gross unrealized holding gains and losses
per security class of investments with a quoted market price,
long-term and short-term available-for-sale securities. The
aggregate amounts of unrealized losses on investments which are
in a continuous unrealized loss position for less than 12 months
and the aggregate amounts of unrealized losses on investments
which are in a continuous unrealized loss position for 12 months
or longer are shown separately together with their appropriate fair
values.
19. Securities, Investments and Long-term Financial Assets
Information with respect to the Group’s total investments and
long-term financial assets is presented in the Consolidated Fixed
Assets Schedule included herein. The carrying amounts of
participations (investments that are not accounted for under the
equity method) and long-term (marketable) securities which
are shown among “investments and long-term financial assets”
in the Consolidated Balance Sheets are comprised of the
following:
At December 31,
2005
2006
399
267
666
565
332
256
588
606
Participations with a quoted market price
Participations without a quoted market price
Total participations
Long-term securities
(in millions of €)
At December 31,
2005
2006
5,778
207
5,985
4,773
163
4,936
Available-for-sale
Trading
Short-term securities
(in millions of €)
116
136
631
27
3,244
628
219
1,258
6,259
574
136
631
27
3,266
626
219
1,263
6,742
458
1
1
–
24
1
–
6
491
–
78
105
–
240
242
–
50
715
–
1
1
–
1
2
–
1
6
–
–
–
–
96
54
–
–
150
–
–
–
–
1
1
–
–
2
–
78
105
–
336
296
–
50
865
–
1
1
–
2
3
–
1
8
Unrealized loss total
Unrealized
lossFair value
Unrealized loss 1 year
or more
Unrealized
lossFair value
Unrealized loss less 1 year
Unrealized
lossFair value
Unrealized
gainFair valueCost
Equity securities
Debt-based funds
Debt securities issued by
the German government and
other political subdivisions
Debt securities issued by
non-German governments
Corporate debt securities
Mortgage-backed securities
Securities backed by other
assets
Other debt securities
(in millions of €)