133
132
Annual Financial Statements
It must be noted that the above table does not include liabilities to clients from the performance of construction projects,
as the maturity of such values cannot be assessed.
Moreover, cash-advances from customers, construction contacts liabilities as well as the provisions and accrued
expenses are not included.
MYTILINEOS GROUP
Liquidity Risk Analysis - Liabilities
(Amounts in thousands
€
)
2014
up to 6 months 6 to 12 months 1 to 5 years after 5 years
Total
Long Term Loans
74
7,432
413,688
102,828
524,023
Short Term Loans
28,084
92,664
-
-
120,748
Trade and other payables
234,917
33,388
24,906
-
293,212
Other payables
(202,703)
251,552
58
-0
48,907
Current portion of non - current liabilities
42,090
42,090
Total
60,373
427,126
438,653
102,828
1,028,980
MYTILINEOS GROUP
Liquidity Risk Analysis - Liabilities
(Amounts in thousands
€
)
2013
up to 6 months 6 to 12 months 1 to 5 years after 5 years
Total
Long Term Loans
1,371
3,149
426,131
4,464
435,115
Short Term Loans
16,643
75,000
-
-
91,643
Trade and other payables
240,662
44,461
-
-
285,123
Other payables
26,218
1,324
4,897
-
32,439
Current portion of non - current liabilities
-
164,668
-
-
164,668
Total
284,894
288,602
431,028
4,464
1,008,988
MYTILINEOS S.A.
Liquidity Risk Analysis - Liabilities
(Amounts in thousands
€
)
2014
up to 6 months 6 to 12 months 1 to 5 years after 5 years
Total
Long Term Loans
-
7,432
144,549
-
151,981
Short Term Loans
-
3,832
-
-
3,832
Trade and other payables
4,294
-
11,061
-
15,355
Other payables
250
125,064
-
-
125,314
Current portion of non - current liabilities
9,167
Total
4,544
145,495
155,610
-
305,649
MYTILINEOS S.A.
Liquidity Risk Analysis - Liabilities
(Amounts in thousands
€
)
2013
up to 6 months 6 to 12 months 1 to 5 years after 5 years
Total
Long Term Loans
-
-
159,308
-
159,308
Short Term Loans
-
3,329
-
-
3,329
Trade and other payables
6,132
149
-
-
6,281
Other payables
119,854
255
-
-
120,109
Total
125,986
3,733
159,308
-
289,027
4.31 Fair Value Measurements
The following table presents financial assets and liabilities
measured at fair value in the statement of financial position in
accordance with the fair value hierarchy. This hierarchy groups
financial assets and liabilities into three levels based on the
significance of inputs used in measuring the fair value of the
financial assets and liabilities. The fair value hierarchy has the
following levels:
- Level 1: quoted prices (unadjusted) in active markets for identi-
cal assets or liabilities;
- Level 2: inputs other than quoted prices included within Level
1 that are observable for the asset or liability, either directly (i.e.
as prices) or indirectly (i.e. derived from prices); and
- Level 3: inputs for the asset or liability that are not based on
observable market data (unobservable inputs).
The level within which the financial asset
or liability is classified is determined based
on the lowest level of significant input to the
fair value measurement.
The Group’s financial assets and liabilities
measured at fair value in the statement
of financial position are grouped into the
fair value hierarchy for 31/12/2014 and
31/12/2013 as follows:
MYTILINEOS GROUP
(Amounts in thousands
€
)
31/12/2014 Level 1 Level 2 Level 3
Financial Assets
Financial assets at fair value through profit or loss
Stock Shares
3,025
3,025
-
-
Bank Bonds
55
55
-
-
Financial Assets Available For Sale
507
364
31
112
Foreign Exchange Contracts For Cash Flow Hedging (Forward)
555
-
555
-
Financial Assets
4,142
3,444
586
112
Financial Liabilities
Foreign Exchange Swap Contracts (Swaps)
3,655
-
3,655
-
Foreign Exchange Contracts For Cash Flow Hedging (Forward)
404
-
404
-
Options
890
-
890
-
Financial Liabilities
4,949
-
4,949
-
MYTILINEOS GROUP
(Amounts in thousands
€
)
31/12/2013 Level 1 Level 2 Level 3
Financial Assets
Financial assets at fair value through profit or loss
Stock Shares
2,313
2,313
-
-
Bank Bonds
341
341
-
-
Financial assets of the investment portfolio
Equity Securities Non - Listed Companies
32
-
32
-
Financial Assets Available For Sale
112
-
-
112
Financial Assets
2,798
2,654
32
112
Financial Liabilities
Foreign Exchange Swap Contracts (Swaps)
503
-
503
-
Foreign Exchange Contracts For Cash Flow Hedging (Forward)
312
-
312
-
Foreign Exchange Contracts (Forward)
307
307
-
-
Options
442
-
442
-
Financial Liabilities
1,564
307
1,257
-
In the financial year 2014 there existed no transfer between levels 1 and 2.
