Registration Document 2005 - Total.com
Registration Document 2005 - Total.com
Registration Document 2005 - Total.com
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Appendix 1 – Consolidated financial statements<br />
Notes to the consolidated financial statements 9<br />
The classification by strategy and the notional amount of the derivative instruments included in the table above is as follows:<br />
As of December 31, <strong>2005</strong> (in millions of euros) Notional amount (1)<br />
ASSETS/(LIABILITIES) Fair Value <strong>Total</strong> 2006 2007 2008 2009 2010 2011 and after<br />
Financial instruments hedging<br />
non-current financial debt<br />
Issue swaps and swap hedging debenture<br />
issues - non-current (liabilities) (128) 4,387<br />
Issue swaps and swap hedging debenture<br />
issues - non-current (assets) 450 6,166<br />
Issue swaps and swap hedging debenture<br />
issues - non-current 322 10,553 1,854 1,960 2,137 1,782 2,820<br />
Non-current currency and interest rate<br />
swaps hedging bank loans 27 76 76<br />
Issue swaps and swap hedging debenture<br />
issues - less than one year (liabilities) (6) 167<br />
Issue swaps and swap hedging debenture<br />
issues - less than one year (assets) 44 381<br />
Issue swaps and swap hedging debenture<br />
issues - less than one year 38 548 548<br />
Financial instruments hedging net<br />
investment<br />
N/A<br />
Financial instruments held for trading<br />
Other interest rate swaps - assets 7 4,960<br />
Other interest rate swaps - liabilities (4) 9,022<br />
Other swaps assets and liabilities 3 13,982 13,976 5 1<br />
Currency swaps and forward exchange<br />
contracts - assets 283 8,579<br />
Currency swaps and forward exchange<br />
contracts - liabilities (23) 2,372<br />
Currency swaps and forward exchange<br />
contracts - assets and liabilities 260 10,951 10,542 77 44 88 16 184<br />
(1) These amounts set the levels of notional involvement and are not indicative of a contingent gain or loss.<br />
TOTAL - <strong>Registration</strong> <strong>Document</strong> <strong>2005</strong><br />
211