Experian 2015 Annual Report Download - page 153
Download and view the complete annual report
Please find page 153 of the 2015 Experian 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.-
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
 |
 |
Notes to the Group financial statements
for the year ended 31 March 2015 continued
28. Financial assets and liabilities continued
(b) Other financial assets and liabilities continued
(iii) Offsetting derivative financial assets and liabilities
Assets Liabilities
2015
US$m
2014
US$m
2015
US$m
2014
US$m
Reported in the Group balance sheet 59 165 140 26
Related amounts not offset in the Group balance sheet (37) (21) (37) (21)
Net amount 22 144 103 5
There are no amounts offset within the assets and liabilities reported in the Group balance sheet.
(c) Analysis by valuation method for items measured at fair value
2015 2014
Level 1
US$m
Level 2
US$m
Level 3
US$m
Total
US$m
Level 1
US$m
Level 2
US$m
Level 3
US$m
Total
US$m
Financial assets:
Derivatives used for hedging – 23 – 23 – 143 – 143
Assets at fair value through profit and loss – 36 – 36 – 22 – 22
Amounts reported as other financial assets (note 28(b)) – 59 – 59 – 165 – 165
Available-for-sale (note 28(a)) 35 – 5 40 43 – 3 46
35 59 5 99 43 165 3 211
Financial liabilities:
Derivatives used for hedging – (94) – (94) – (1) – (1)
Liabilities at fair value through profit and loss – (46) (22) (68) – (25) (44) (69)
– (140) (22) (162) – (26) (44) (70)
Net financial assets/(liabilities) 35 (81) (17) (63) 43 139 (41) 141
The analysis by level is a requirement of IFRS 13 and the definitions therein are summarised here for completeness:
• assets and liabilities whose valuations are based on unadjusted quoted prices in active markets for identical assets and liabilities are
classified as Level 1;
• assets and liabilities which are not traded in an active market and whose valuations are derived from available market data that is
observable for the asset or liability are classified as Level 2; and
• assets and liabilities whose valuations are derived from inputs not based on observable market data are classified as Level 3.
Level 3 items reported principally comprise put and call options associated with corporate transactions. There is no material effect on
the amounts stated from any reasonably possible change in Level 3 inputs at 31 March 2015.
(d) Analysis of movements in Level 3 assets/(liabilities)
Year ended 31 March 2015 Year ended 31 March 2014
Available-
for-sale
US$m
Other
US$m
Total
US$m
Available-
for-sale
US$m
Other
US$m
Total
US$m
At 1 April 3 (44) (41) 3 (55) (52)
Additions 2 – 2 – – –
Valuation gains recognised in Group income statement – 1 1 – 13 13
Currency translation gains/(losses) recognised directly in other
comprehensive income – 5 5 – (2) (2)
Exercise of option in connection with an acquisition – 16 16 – – –
At 31 March 5 (22) (17) 3 (44) (41)
152 •Financial statements Notes to the Group nancial statements