Registration document 2011 - tota - Total.com

9 Consolidated
Financial Statements
Notes to the Consolidated Financial Statements
As of December 31, 2009
(M€)
Assets/(Liabilities)
Equity affiliates: loans 2,367 - - - - - - - 2,367 2,367
Other investments - 1,162 - - - - - - 1,162 1,162
Hedging instruments of
non-current financial debt - - - - 889 136 - - 1,025 1,025
Other non-current assets 1,284 - - - - - - - 1,284 1,284
Accounts receivable, net - - - - - - - 15,719 15,719 15,719
Other operating receivables - - 1,029 - - - - 4,116 5,145 5,145
Current financial assets 55 - 53 - 197 - 6 - 311 311
Cash and cash equivalents - - - - - - - 11,662 11,662 11,662
Total financial assets 3,706 1,162 1,082 - 1,086 136 6 31,497 38,675 38,675
Total non-financial assets - - - - - - - - 89,078 -
Total assets - - - - - - - - 127,753 -
Non-current financial debt (2,089) - - (17,107) (241) - - - (19,437) (19,905)
Accounts payable - - - - - - - (15,383) (15,383) (15,383)
Other operating liabilities - - (923) - - - - (3,783) (4,706) (4,706)
Current borrowings (4,849) - - (2,145) - - - - (6,994) (6,994)
Other current financial liabilities - - (25) - (97) - (1) - (123) (123)
Total financial liabilities (6,938) - (948) (19,252) (338) - (1) (19,166) (46,643) (47,111)
Total non-financial liabilities - - - - - - - - (81,110) -
Total liabilities - - - - - - - - (127,753) -
(a) Financial assets available for sale are measured at their fair value except for unlisted securities (see Note 1 paragraph M(ii) and Note 13 to the Consolidated Financial Statements).
(b) The financial debt is adjusted to the hedged risks value (currency and interest rate) as part of hedge accounting (see Note 1 paragraph M(iii) to the Consolidated Financial Statements).
29) Fair value of financial instruments (excluding commodity contracts)
A) Impact on the statement of income per nature of financial instruments
Operating assets and liabilities
The impact on the statement of income is detailed as follows:
For the year ended December 31,
(M€) 2011 2010 2009
Assets available for sale (investments):
– dividend income on non-consolidated subsidiaries 330 255 210
– gains (losses) on disposal of assets 103 60 6
– other (29) (17) (18)
Loans and receivables (34) 90 41
Impact on net operating income 370 388 239
The impact in the statement of income mainly includes:
Financial instruments related to financing and trading activities Other
financial
instruments
Amortized cost Fair value
Available
for sale (a)
Held
for
trading
Financial
debt (b)
Hedging
of
financial
debt
– Dividends and gains or losses on disposal of other investments classified as “Other investments”;
Total Fair
value
– Financial gains and depreciation on loans related to equity affiliates, non-consolidated companies and on receivables reported in “Loans
and receivables”.
252 TOTAL. Registration Document 2011
Cash
flow
hedge
Net
investment
hedge
and other