EURAZEO_REGISTRATION_DOCUMENT_2017
CONSOLIDATED FINANCIAL STATEMENTS Notes to the Consolidated Financial Statements
Financial assets 8.2 As disclosed in the section “Basis of preparation of the consolidated financial statements”, the only impact of the adoption of IFRS 9 on financial assets concerns the classification of assets previously recognized in the “available-for-sale” category and therefore measured at fair value through other comprehensive income. The classification of financial assets pursuant to IFRS 9 is presented in the following table:
IAS 39 classification
Pro forma IFRS 9 classification
12/31/2016 Net carryng amount
Available- for-sale financial assets
Financial assets at fair value through profit or loss
Financial assets at fair value through profit or loss
Debt instruments at amortized cost
(In thousands of euros)
Fair value by direct reference to published prices in an active market (Level 1) AccorHotels
431,725 394,019 825,744
- - -
431,725 394,019 825,744
431,725 394,019 825,744
- - -
Moncler
Listed securities
Fair value according to valuation techniques based on observable data (Level 2) Colyzeo and Colyzeo II Fair value according to valuation techniques based on non-observable data (Level 3) Eurazeo Croissance
49,195
49,195
-
49,195
-
167,031 148,672 247,211 612,109
167,031 148,672 247,211 612,109 612,109
- - - -
167,031 148,672 172,996 537,894
- -
Eurazeo Development Other unlisted assets
74,215 74,215 74,215
Unlisted securities FINANCIAL ASSETS
1,437,853
825,744
1,363,638
1,437,853
1,437,853
As of December 31, 2017, the fair value of financial assets breaks down as follows:
Change in fair value (cumulative)
12/31/2016 Net carrying amount
4
12/31/2017 Net carrying amount
Acquisition cost
through profit or loss
fair value reserve impairment
(In thousands of euros)
Fair value by direct reference to published prices in an active market (Level 1) AccorHotels
523,968 352,866
406,684 194,335
117,284 158,531 275,815
- - -
- - -
431,725 394,019 825,744
Moncler
Listed securities
876,834 601,019
Fair value according to valuation techniques based on observable data (Level 2) Colyzeo and Colyzeo II Fair value according to valuation techniques based on non-observable data (Level 3) Eurazeo Croissance
29,811
36,456
5,062
1,106
(12,813)
49,195
237,151 157,139 148,118
188,096 149,403 953,362
40,900
14,000
(5,846)
167,031 148,672 172,996 537,894
Eurazeo Development Other unlisted assets
7,736 3,615
-
-
(6)
(808,852)
Unlisted securities
572,219 1,327,317
57,313
15,100 (827,511) 15,100 (827,511)
Financial assets at fair value through profit or loss
1,449,053 1,928,336 333,128
1,363,638
Debt instruments at amortized cost
77,624
116,245
-
-
(38,621)
74,215
FINANCIAL ASSETS
1,526,677 2,044,581
333,128
15,100 (866,132)
1,437,853 1,392,442
Financial assets – non-current Financial assets – current
1,507,894
18,783
45,411
229
Eurazeo
2017 Registration document
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