Daimler Annual Report 2011 - Alle jaarverslagen
Daimler Annual Report 2011 - Alle jaarverslagen
Daimler Annual Report 2011 - Alle jaarverslagen
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7 | Consolidated Financial Statements | Notes to the Consolidated Financial Statements<br />
16. Other financial assets<br />
The item “other financial assets” shown in the consolidated<br />
statement of financial position is comprised of the classes<br />
presented in table 7.34.<br />
In <strong>2011</strong>, equity instruments carried at cost with a carrying<br />
amount of €74 million (2010: €23 million) were sold. The realized<br />
gains from the sales were €16 million in <strong>2011</strong> (2010: gains<br />
of €23 million). As of December 31, <strong>2011</strong>, the Group principally<br />
did not intend to dispose of any reported equity instruments<br />
carried at cost.<br />
Financial liabilities recognized at fair value through profit<br />
or loss relate exclusively to derivative financial instruments<br />
which are not used in hedge accounting.<br />
As of December 31, <strong>2011</strong>, other receivables and financial<br />
assets include a loan and accumulated interest to Chrysler<br />
LLC of US$1.9 billion (December 31, 2010: US$1.8 billion).<br />
As in the previous year, the receivables were fully impaired.<br />
Further information on other financial assets is provided<br />
in Note 30.<br />
7.33<br />
Maturities of the finance lease contracts<br />
In millions of euros<br />
< 1 year<br />
1 year up to<br />
5 years<br />
At December 31, <strong>2011</strong><br />
At December 31, 2010<br />
> 5 years Total < 1 year<br />
1 year up to<br />
5 years > 5 years Total<br />
Contractual future lease payments 4,229 6,458 657 11,344 4,036 6,526 1,076 11,638<br />
Unguaranteed residual values 558 1,207 90 1,855 740 915 165 1,820<br />
Gross investment 4,787 7,665 747 13,199 4,776 7,441 1,241 13,458<br />
Unearned finance income -488 -853 -94 -1,435 -530 -846 -271 -1,647<br />
Gross carrying amount 4,299 6,812 653 11,764 4,246 6,595 970 11,811<br />
Allowances for doubtful accounts -194 -225 -12 -431 -189 -275 -19 -483<br />
Carrying amount, net 4,105 6,587 641 11,333 4,057 6,320 951 11,328<br />
7.34<br />
Other financial assets<br />
In millions of euros<br />
Current<br />
At December 31, <strong>2011</strong><br />
At December 31, 2010<br />
Non-current Total Current Non-current Total<br />
Available-for-sale financial assets – 1,940 1,940 – 2,199 2,199<br />
Thereof equity instruments recognized at fair value through profit or loss – 1,300 1,300 – 1,485 1,485<br />
Thereof equity instruments carried at cost – 640 640 – 714 714<br />
Derivative financial instruments used in hedge accounting 133 426 559 345 471 816<br />
Financial assets recognized at fair value through profit or loss 88 262 350 565 166 731<br />
Other receivables and financial assets 1,786 329 2,115 1,337 358 1,695<br />
2,007 2,957 4,964 2,247 3,194 5,441<br />
207
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