Annual Report 2010 - AdP

7. Derivatives
7.1 Classification of financial assets and liabilities in accordance with IAS 39.
Assets and
Financial Financial liabilities
assets Loans and liabilities at Financial Total not classified
at fair value Accounts fair value liabilities at Financial as financial Balance Sheet
31.12. 2010 under results Receivable under results amortized cost Instruments instruments Total
Tangible fixed assets - 831,267,198 831,267,198
Intangible assets - 4,573,734,850 4,573,734,850
Investment properties - 1,261,033 1,261,033
Financial investments 92,427 105,576,202 105,668,629 105,668,629
Financial investments in associated companies 1,077,064 1,077,064 1,077,064
Deferred tax assets - 239,211,070 239,211,070
Derivatives 2,227,586 2,227,586 2,227,586
Tariff deficit assets - 310,762,868 310,762,868
Customers and other non-current assets 124,610,736 124,610,736 124,610,736
Inventory - 8,100,566 8,100,566
Customers 296,433,690 296,433,690 296,433,690
State and other public entities 12,385,344 12,385,344 12,385,344
Other current assets 227,815,360 227,815,360 227,815,360
Cash and cash equivalents 478,840,367 478,840,367 478,840,367
Total Assets 2,320,013 1,246,738,763 1,249,058,776 5,964,337,585 7,213,396,361
Provisions - 13,411,726 13,411,726
Pensions responsibilities - 12,640,738 12,640,738
Non-current loans 2,416,057,836 2,416,057,836 2,416,057,836
Suppliers and other non-current liabilities 170,811,987 170,811,987 170,811,987
Deferred tax liabilities - 248,662,999 248,662,999
Amortization of future investment - 571,054,561 571,054,561
Investment grants - 1,842,471,849 1,842,471,849
Tariff deficit liabilities - 135,317,264 135,317,264
Derivatives 14,914,691 14,914,691 14,914,691
Loans 509,375,118 509,375,118 509,375,118
Suppliers 158,784,662 158,784,662 158,784,662
Other current liabilities 119,158,242 119,158,242 119,158,242
Income tax of the year 43,219,244 43,219,244 43,219,244
State and other public entities 29,045,299 29,045,299 29,045,299
Total Liabilities 14,914,691 3,446,452,388 3,461,367,079 2,823,559,137 6,284,926,216
7.2 Fair value hierarchy
31 December 2010 31 December 2009
level 1 level 2 level 3 level 1 level 2 level 3
Financial assets at fair value under results
Financial investments in shares 92,427 - 181,927 -
Derivatives
Financial liabilities at fair value under results
- 2,227,586 2,477,311
Derivatives - 14,914,691 - - 9,334,823 -
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