48
I LISI FINANCIALREPORT2013
CONSOLIDATEDFINANCIALSTATEMENTS
3
The IFRS 7 standard requires the hierarchical ordering of the different
valuation techniques used for each of the financial instruments. The
categoriesaredefinedas follows:
Level1:
Directreferencetopublishedpricesofamarketasset,
Level2:
Valuationtechniquebasedonmeasurabledata,
Level3:
Valuationtechniquebasedonnon-observabledata.
Classificationof fairvaluebyhierarchical level:
December 31, 2013
(in€'000)
Level 1
Level 2
Level 3
Long-term financial assets
6,385
Other long-termassets
936
Tradeandother receivables
3,430
166,049
Cashandcashequivalents
94,000
Total financialassets
104,751
166,049
Long-termborrowings
118,640
Other long-term financial liabilities (excl.PCA)
5,632
Short-termborrowings
43,178
Tradeandotheraccountspayable
2,621
204,646
Total financial liabilities
170,071
204,646
2.5.1.4Long-term financial assets
(in€'000)
Other long-term
investments
Other financial
assets
TOTAL
GrossvaluesatDecember31,2012
4,854
1,144
5,998
Othernet changes
2
2
Acquisitions
609
95
704
Disposals
(60)
(60)
Scopechanges
Exchange ratespreads
(231)
(6)
(237)
GrossvaluesatDecember31,2013
5,232
1,174
6,406
ImpairmentatDecember31,2012
8
11
19
Othernet changes
Provisions for impairmentofassets
Reversalsof impairmentprovisions
Scopechanges
Exchange ratespreads
(0)
(0)
ImpairmentatDecember31,2013
8
11
19
NetvaluesatDecember31,2013
5,223
1,163
6,385
2.5.1.5Other long-term financial assets
(in€'000)
12/31/13
12/31/12
Otherdebtors
937
Totalother long-termfinancialassets
937
The receivable recognized on the balance sheet at December 31, 2012
covered long-termmaturity tax assets; it was reclassified into "Other
non-currentassets"atDecember31,2013.
2.5.1.6Other long-termassets
(in€'000)
12/31/13
12/31/12
Otherdebtors
936
Totalother long-termassets
936
