to download Telecom Italia Annual Report 2011 - Company Reporting

Fair value hierarchy level for each class of financial asset/liability at 12/31/2011
(thousands of euros) IAS 39
Categories
note
Carrying
amount in
financial
statements
at
12/31/2011
Hierarchy Levels
Level 1(*) Level 2(*) Level 3(*)
ASSETS
Non-current assets
Other investments AfS 6) 34,713 2,163 9,724
Securities, financial receivables and other noncurrent
financial assets
of which hedging derivatives HD 7) 633,965 633,965
of which non-hedging derivatives FAHfT 7) 1,945,857 1,945,857
Current assets
Securities, financial receivables and other current
financial assets
(a) 2,614,535 2,163 2,589,546
of which available-for-sale financial assets AfS 7) 863,892 863,892
of which hedging derivatives HD 7) 160,765 160,765
of which non-hedging derivatives FAHfT 7) 188,524 188,524
(b) 1,213,181 863,892 349,289
Total (a+b) 3,827,716 866,055 2,938,835
LIABILITIES
Non-current liabilities
of which hedging derivatives HD 13) 2,231,740 2,231,740
of which non-hedging derivatives FAHfT 13) 1,945,857 1,945,857
Current liabilities
(c) 4,177,597 4,177,597
of which hedging derivatives HD 13) 116,739 116,739
of which non-hedging derivatives FLHfT 13) 188,163 188,163
(d) 304,902 304,902
Total (c+d) 4,482,499 4,482,499
(*) 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 S.p.A. Separate Financial Statements Note 17 – Supplementary disclosures on financial instruments 375