Consolidated financial statements
1
3
54
I
LISI 2014FINANCIALREPORT
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, 2014
(in€'000)
Level 1
Level 2
Level 3
Long-term financial assets
9,357
Other long-termassets
976
Tradeandother receivables
1,493
214,614
Cashandcashequivalents
110,818
Total financialassets
122,644
214,614
Long-termborrowings
245,690
Other long-term financial liabilities (excl.PCA)
5,856
Short-termborrowings
46,363
Tradeandotheraccountspayable
4,831
239,430
Total financial liabilities
302,740
239,430
2.5.1.4Long-term financial assets
(in€'000)
Investments in
associates
Other long-term
investments
Other financial
assets
TOTAL
GrossvaluesatDecember31,2013
5,232
1,174
6,406
Othernet changes
31
(80)
(49)
Acquisitions
305
46
351
Disposals
(137)
(137)
Scopechanges
1,303
612
1,915
Exchange ratespreads
148
736
7
891
GrossvaluesatDecember31,2014
1,482
6,273
1,622
9,377
ImpairmentatDecember31,2013
8
11
19
Othernet changes
Provisions for impairmentofassets
Reversalsof impairmentprovisions
Scopechanges
Exchange ratespreads
ImpairmentatDecember31,2014
8
11
19
NetvaluesatDecember31,2014
1,482
6,264
1,611
9,357
ThescopemovementsconcerntheentryoftheManoirGroup in June2014.
2.5.1.5Other long-termassets
(in€'000)
12/31/2014
12/31/2013
Otherdebtors
976
936
Totalother long-termfinancialassets
976
936
Thedebton thebalancesheetatDecember31,2013andDecember31,2014
primarilycoversa long-termmaturitytaxasset.
