AFD - 2019 Universal registration document

CONSOLIDATED FINANCIAL STATEMENTS PREPARED IN ACCORDANCE WITH IFRS 6 Notes to the consolidated financial statements

NOTE 3 Financial assets at fair value through shareholders’ equity

31/12/2019

31/12/2018

Change in fair value over the period

Change in fair value over the period

Book value

Book value

In thousands of euros

Debt securities recognised at fair value through equity to be recycled in profit or loss

1,057,076

3,468 5,199 -1,731

1,067,532

-20,813 -21,329

Government paper and equivalent

874,958 182,118 455,470 455,470

891,791 175,742 397,163 397,163

Bonds and other securities

517

Equity securities recorded at fair value through equity not to be recycled in profit or loss

-14,476 -14,476 -11,008

-21,137 -21,137 -41,950

Unconsolidated equity stakes

TOTAL

1,512,546

1,464,695

NOTE 4 Financial assets and liabilities at fair value measured according to the level of fair value

31/12/2019

31/12/2018

Level 1 Level 2 Level 3

Total

Level 1 Level 2 Level 3

Total

In thousands of euros

Assets/Liabilities Equity instruments at fair value through profit or loss Debt securities that do not meet the SPPI criteria

-

- 1,199,384 1,199,384 1,047

-

921,931 922,978

52,728

- 1,342,307 1,395,036 50,200

- 1,239,386 1,289,586

Financial assets recorded through equity 1,026,347 30,729 455,470 1,512,546 1,067,532

-

397,163 1,464,695

Hedging derivatives (Assets)

- 2,558,977

- 2,558,977

- 1,824,239

- 1,824,239

Financial liabilities at fair value through profit or loss

-

358,033 1,666 359,698

- - -

338,316 940,339

842 339,159

Hedging derivatives (Liabilities)

- 1,486,117

- 1,486,117

-

940,339

Derivatives

-

138,282 5,444 143,726

192,623 8,200 200,823

P Sensitivity of the fair value of level Ǿ 3 instruments The category of instruments measured at level Ǿ 3 fair value mainly comprises equity investments. The sensitivity calculations do not apply because their valuations are not linked to market parameters.

136

UNIVERSAL REGISTRATION DOCUMENT 2019

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