LISI GROUP - 2018 Financial report

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At 12/31/2017 Breakdown by instrument category
Financial assets and liabilities
on the balance sheet
(in thousands of euros)
Net value
accounting Fair value
Fair value
via
earnings
Assets
available
for sale
Loans and
receivables
Debt at
depreciated
cost Derivatives
Non-current financial assets 9,982 9,982 9,982
Other non-current assets 429 429 429
Trade and other receivables 261,249 261,249 244,674 16,575
Cash and cash equivalents 197,576 197,576 197,576
Total financial assets 469,236 469,236 197,576 255,085 16,575
Non-current borrowings 317,757 317,757 316,448 1,309
Othernon-currentfinancial liabilities (excl.PCA) 4,678 4,678 4,678
Current borrowings 179,973 179,973 179,973
Trade and other accounts payable 297,109 297,109 296,504 605
Total financial liabilities 799,517 799,517 797,603 1,914
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 onmeasurable data;
Level 3: valuation technique based on non-observable data.
Classification of fair value by hierarchical level:
December 31, 2018
(in thousands of euros) Level 1 Level 2 Level 3
Non-current financial assets 8,923
Other non-current assets 480
Trade and other receivables 2,147 260,994
Cash and cash equivalents 156,879
Total financial assets 168,429 260,994
Non-current borrowings 337,354
Other non-current financial liabilities (excl. PCA) 1,734
Current borrowings 158,831
Trade and other accounts payable 2,272 296,197
Total financial liabilities 500,191 296,197