Consolidated Financial Statements >
CONSOLIDATED FINANCIAL STATEMENTS AND EXPLANATORY NOTES
214
| 2012 annual report prysmian group
8. DERIVATIVES
These are detailed as follows:
(in millions of Euro)
31 December 2012
Asset
Liability
Non-current
Interest rate swaps (cash flow hedges)
-
35
Forward currency contracts on commercial transactions (cash flow hedges)
3
3
Total hedging derivatives
3
38
Metal derivatives
-
3
Total other derivatives
-
3
Total non-current
3
41
Current
Forward currency contracts on financial transactions (cash flow hedges)
-
3
Forward currency contracts on commercial transactions (cash flow hedges)
6
8
Total hedging derivatives
6
11
Forward currency contracts on commercial transactions
3
3
Forward currency contracts on financial transactions
3
4
Metal derivatives
4
6
Total other derivatives
10
13
Total current
16
24
Total
19
65
(in millions of Euro)
31 December 2011
Asset
Liability
Non-current
Interest rate swaps (cash flow hedges)
-
27
Forward currency contracts on commercial transactions (cash flow hedges)
-
5
Forward currency contracts on financial transactions (cash flow hedges)
-
3
Total hedging derivatives
-
35
Forward currency contracts on commercial transactions
1
-
Forward currency contracts on financial transactions
1
1
Total other derivatives
2
1
Total non-current
2
36
Current
Interest rate swaps (cash flow hedges)
-
2
Forward currency contracts on financial transactions (cash flow hedges)
-
-
Forward currency contracts on commercial transactions (cash flow hedges)
18
20
Total hedging derivatives
18
22
Forward currency contracts on commercial transactions
5
7
Forward currency contracts on financial transactions
4
22
Metal derivatives
1
20
Total other derivatives
10
49
Total current
28
71
Total
30
107
