Electrolux 2011 Annual Report Download - page 140

Download and view the complete annual report

Please find page 140 of the 2011 Electrolux annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 189

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166
  • 167
  • 168
  • 169
  • 170
  • 171
  • 172
  • 173
  • 174
  • 175
  • 176
  • 177
  • 178
  • 179
  • 180
  • 181
  • 182
  • 183
  • 184
  • 185
  • 186
  • 187
  • 188
  • 189

Fair value and carrying amount on financial assets and liabilities
20111) 20101)
Fair value Carrying amount Fair value Carrying amount
Financial assets
Financial assets 517 517 577 577
Financial assets at fair value through profit and loss 315 315 284 284
Available-for-sale 202 202 293 293
Trade receivables 19,226 19,226 19,346 19,346
Loans and receivables 19,226 19,226 19,346 19,346
Derivatives 252 252 386 386
Financial assets at fair value through profit and loss:
Derivatives for which hedge accounting is not applied, i.e., held for trading 40 40 118 118
Interest-related derivatives for which fair value hedge accounting
is applied, i.e., fair value hedges 93 93 75 75
Interest-related derivatives for which cash flow hedge
accounting is applied, i.e., cash flow hedges — — 5 5
Currency derivatives related to commercial exposure where
hedge accounting is applied, i.e., cash flow hedges 119 119 86 86
Net investment hedges where hedge accounting is applied — — 102 102
Short-term investments 337 337 1,722 1,722
Financial assets at fair value through profit and loss 203 203 1,089 1,089
Loans and receivables 134 134 633 633
Cash and cash equivalents 6,966 6,966 10,389 10,389
Financial assets at fair value through profit and loss 311 311 1,322 1,322
Loans and receivables 3,409 3,409 5,529 5,529
Cash 3,246 3,246 3,538 3,538
Total financial assets 27,298 27,298 32,420 32,420
Financial liabilities
Long-term borrowings 9,656 9,639 8,455 8,413
Financial liabilities measured at amortized cost 8,925 8,892 6,157 6,101
Financial liabilities measured at amortized cost for which fair value
hedge accounting is applied 731 747 2,298 2,312
Accounts payable 18,490 18,490 17,283 17,283
Financial liabilities at amortized cost 18,490 18,490 17,283 17,283
Short-term borrowings 4,177 4,170 3,261 3,139
Financial liabilities measured at amortized cost 2,140 2,140 3,261 3,139
Financial liabilities measured at amortized cost for which fair value
hedge accounting is applied 2,037 2,030 — —
Derivatives 324 324 483 483
Financial liabilities at fair value through profit and loss:
Derivatives for which hedge accounting is not applied, i.e., held for trading 115 115 57 57
Interest-related derivatives for which fair value hedge accounting is applied,
i.e., fair value hedges — — — —
Interest-related derivatives for which cash flow hedge
accounting is applied, i.e., cash flow hedges 68 68 51 51
Currency derivatives related to commercial exposure where
hedge accounting is applied, i.e., cash flow hedges 141 141 331 331
Net investment hedges where hedge accounting is applied — — 44 44
Total financial liabilities 32,647 32,623 29,482 29,318
20111) 20101)
Fair value Carrying amount Fair value Carrying amount
Per category
Financial assets at fair value through profit and loss 1,081 1,081 3,081 3,081
Available-for-sale 202 202 293 293
Loans and receivables 22,769 22,769 25,508 25,508
Cash 3,246 3,246 3,538 3,538
Total financial assets 27,298 27,298 32,420 32,420
Financial liabilities at fair value through profit and loss 324 324 483 483
Financial liabilities measured at amortized cost 32,323 32,299 28,999 28,835
Total financial liabilities 32,647 32,623 29,482 29,318
1) There has not been any reclassification between categories.
57