Registration document 2011 - tota - Total.com

D) Fair value hierarchy
The fair value hierarchy for financial instruments excluding commodity contracts is as follows:
As of December 31, 2011
(M€)
Fair value hedge instruments - 2,217 - 2,217
Cash flow hedge instruments - (46) - (46)
Net investment hedge instruments - (26) - (26)
Assets and liablities held for trading - 72 - 72
Assets available for sale 2,575 - - 2,575
Total 2,575 2,217 - 4,792
As of December 31, 2010
(M€)
Fair value hedge instruments - 1,916 - 1,916
Cash flow hedge instruments - 56 - 56
Net investment hedge instruments - 6 - 6
Assets and liablities held for trading - (109) - (109)
Assets available for sale 3,631 - - 3,631
Total 3,631 1,869 - 5,500
As of December 31, 2009
(M€)
Quoted prices
in active markets
for identical
assets
(level 1)
Quoted prices
in active markets
for identical
assets
(level 1)
Quoted prices
in active markets
for identical
assets
(level 1)
Prices based
on observable
data
(level 2)
Prices based
on observable
data
(level 2)
Fair value hedge instruments - 748 - 748
Cash flow hedge instruments - 136 - 136
Net investment hedge instruments - 5 - 5
Assets and liablities held for trading - 28 - 28
Assets available for sale 232 - - 232
Total 232 917 - 1,149
The description of each fair value level is presented in Note 1 paragraph M(v) to the Consolidated Financial Statements.
Consolidated Financial Statements 9
Notes to the Consolidated Financial Statements
Prices based
on observable
data
(level 2)
Prices based
on non
observable
data
(level 3)
Prices based
on non
observable
data
(level 3)
Prices based
on non
observable
data
(level 3)
Total
Total
Total
Registration Document 2011. TOTAL
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