59 / 164
CONSOLIDATED FINANCIAL STATEMENTS
59
LISI 2015 FINANCIAL REPORT
The IFRS 7 standard requires the hierarchical ordering of the
different valuation techniques used for each of the financial
instruments. The categories are defined as follows:
Level 1:
Direct reference to published prices of a market asset,
Level 2:
Valuation technique based on measurable data,
Level 3:
Valuation technique based on non-observable data.
Classification of fair value by hierarchical level:
December 31, 2015
(in €'000)
Level 1
Level 2
Level 3
Non-current financial assets
10,585
Other non-current assets
924
Trade and other receivables
2,151
213,140
Cash and cash equivalents
125,812
Total financial assets
139,472
213,140
Non-current borrowings
230,145
Other non-current financial liabilities (excl. PCA)
5,015
Current borrowings
52,285
Trade and other accounts payable
14,052
264,129
Total financial liabilities
301,497
264,129
2.6.1.4 Non-current financial assets
(in €'000)
Investments in
associates
Other non-current
investments
Other financial
assets
TOTAL
Gross values at December 31, 2014
1,482
6,273
1,622
9,377
Other net changes
(71)
751
680
Acquisitions
73
73
Disposals
(97)
(249)
(346)
Exchange rate spreads
98
709
2
809
Gross values at December 31, 2015
1,509
7,636
1,448
10,593
Impairment at December 31, 2014
8
11
19
Other net changes
Provisions for impairment of assets
Reversals of impairment provisions
(11)
(11)
Impairment at December 31, 2015
8
8
Net values at December 31, 2015
1,509
7,628
1,448
10,585
2.6.1.5 Other non-current assets
(in €'000)
12/31/2015
12/31/2014
Other debtors
924
976
Total other non-current financial
assets
924
976
The debt on the balance sheet at December 31, 2015 primarily covers a non-current maturity tax asset.