Mercedes 2010 Annual Report Download - page 232

Download and view the complete annual report

Please find page 232 of the 2010 Mercedes 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 260

  • 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
  • 190
  • 191
  • 192
  • 193
  • 194
  • 195
  • 196
  • 197
  • 198
  • 199
  • 200
  • 201
  • 202
  • 203
  • 204
  • 205
  • 206
  • 207
  • 208
  • 209
  • 210
  • 211
  • 212
  • 213
  • 214
  • 215
  • 216
  • 217
  • 218
  • 219
  • 220
  • 221
  • 222
  • 223
  • 224
  • 225
  • 226
  • 227
  • 228
  • 229
  • 230
  • 231
  • 232
  • 233
  • 234
  • 235
  • 236
  • 237
  • 238
  • 239
  • 240
  • 241
  • 242
  • 243
  • 244
  • 245
  • 246
  • 247
  • 248
  • 249
  • 250
  • 251
  • 252
  • 253
  • 254
  • 255
  • 256
  • 257
  • 258
  • 259
  • 260

228
The carrying amounts of financial instruments presented
according to IAS 39 measurement categories are as follows:
At December 31,
2010 2009
In millions of euros
Assets
Receivables from financial services 129,702 26,787
Trade receivables 7,192 5,285
Other receivables and assets 1,695 1,759
Loans and receivables 38,589 33,831
Marketable debt securities 2,096 6,342
Other financial assets 2,199 1,084
Available-for-sale financial assets 4,295 7,426
Financial assets recognized at fair value
through profit or loss 2
731
1,218
Liabilities
Trade payables 7,657 5,622
Financing liabilities 351,986 56,567
Other financial liabilities 48,274 8,671
Financial liabilities measured at cost 67,917 70,860
Financial liabilities recognized at fair value
through profit or loss 2
1,150
675
The table above does not include cash and cash equivalents or the carrying
amounts of derivative financial instruments used in hedge accounting as these
financial instruments are not assigned to an IAS 39 measurement category.
1 This does not include lease receivables of €11,328 million (2009: €11,691
million) as these are not assigned to an IAS 39 measurement category.
2 Financial instruments classified as held for trading purposes. These figures
comprise financial instruments that are not used in hedge accounting.
3 This does not include liabilities from finance leases of €499 million (2009:
€397 million) or liabilities from non-transference of assets of €1,197 million
(2009: €1,330 million) as these are not assigned to an IAS 39 measurement
category.
4 This does not include liabilities from financial guarantees of €227 million
(2009: €183 million) as these are not assigned to an IAS 39 measurement
category.
Net gains or losses
The following table shows the net gains or losses of financial
instruments included in the consolidated statement of income/
loss (not including derivative financial instruments used in
hedge accounting):
2010 2009
In millions of euros
Financial assets and liabilities recognized
at fair value through profit or loss 1
- 613
-407
Financial assets available for sale 353 38
Loans and receivables -237 -546
Financial liabilities measured at cost 255 -130
1 Financial instruments classified as held for trading purposes. These figures
comprise financial instruments that are not used in hedge accounting.
Net gains and losses of financial assets and liabilities recog-
nized at fair value through profit or loss include primarily gains
and losses attributable to changes in fair value.
Net gains and losses on financial assets available for sale
include realized income from these investments and gains or
losses from sales transactions.
Net gains and losses on loans and receivables are mainly com-
prised of impairment losses and recoveries that are charged
to cost of sales, selling expenses and other financial income/
expense, net.
Net gains and losses on financial liabilities measured at cost
mainly include gains and losses from the valuation of liabilities
denominated in foreign currencies.