to download Telecom Italia Annual Report 2011 - Company Reporting

Fair value hierarchy level for each class of financial asset/liability at 12/31/2011
(millions of euros) IAS 39
Categories
note
Carrying
amounts in
financial
statements at
12/31/2011
Hierarchy Levels
Level 1(*) Level 2(*) Level 3(*)
ASSETS
Non-current assets
Other investments AfS 8) 38 2 10
Securities, financial receivables and
other non-current financial assets
of which securities AfS 9) 12 12
of which hedging derivatives HD 9) 2,701 2,701
of which non-hedging derivatives FAHfT 9) 27 27
Current assets
Securities
(a) 2,778 14 2,738
of which available-for-sale AfS 9) 1,006 1,006
of which held for trading FAHfT 9) 1 1
Financial receivables and other current
financial assets
of which hedging derivatives HD 9) 244 244
of which non-hedging derivatives FAHfT 9) 24 24
(b) 1,275 1,006 269
Total (a+b) 4,053 1,020 3,007
LIABILITIES
Non-current liabilities
of which hedging derivatives HD 15) 2,513 2,513
of which non-hedging derivatives FLHfT 15) 40 40
Current liabilities
(c) 2,553 2,553
of which hedging derivatives HD 15) 196 196
of which non-hedging derivatives FLHfT 15) 36 36
(d) 232 232
Total (c+d) 2,785 2,785
(*) Level 1: quoted prices in active markets.
Level 2: prices calculated using observable market inputs.
Level 3: prices calculated using inputs that are not based on observable market data.
Telecom Italia Group
Consolidated Financial Statements
Note 19 – Supplementary disclosure on financial instruments 232