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|
|
|
|
|
|
|
| ||||||
|
€ million |
current |
noncurrent |
Carrying amount Dec. 31, 2009 |
current |
noncurrent |
Carrying amount Dec. 31, 2008 | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Payments on account received in respect of orders |
1,222 |
0 |
1,222 |
1,158 |
35 |
1,193 | ||||||
|
Other liabilities to |
|
|
|
|
|
| ||||||
|
affiliated companies |
66 |
– |
66 |
141 |
– |
141 | ||||||
|
joint ventures |
255 |
– |
255 |
25 |
– |
25 | ||||||
|
associates |
– |
– |
– |
0 |
– |
0 | ||||||
|
other investees and investors |
0 |
– |
0 |
0 |
– |
0 | ||||||
|
Negative |
718 |
703 |
1,421 |
1,189 |
1,150 |
2,339 | ||||||
|
Liabilities relating to |
|
|
|
|
|
| ||||||
|
other taxes |
833 |
310 |
1,143 |
751 |
391 |
1,142 | ||||||
|
social security |
283 |
28 |
311 |
261 |
28 |
289 | ||||||
|
wages and salaries |
1,381 |
304 |
1,686 |
1,444 |
297 |
1,741 | ||||||
|
Miscellaneous liabilities |
3,478 |
1,683 |
5,161 |
3,576 |
1,334 |
4,910 | ||||||
|
|
8,237 |
3,028 |
11,265 |
8,545 |
3,235 |
11,780 |
fair valuesThe negative fair values of derivatives relate to the following items:
| Download |
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€ million |
Dec. 31, 2009 |
Dec. 31, 2008 | ||
|---|---|---|---|---|
|
Transactions for hedging against |
|
| ||
|
foreign currency risk from assets |
22 |
8 | ||
|
foreign currency risk from liabilities |
141 |
296 | ||
|
interest rate risk |
149 |
210 | ||
|
interest rate risk using cash flow hedges |
193 |
240 | ||
|
foreign currency and price risk from future cash flows |
351 |
1,178 | ||
|
Hedging transactions |
856 |
1,932 | ||
|
Liabilities arising from ineffective hedging derivatives |
565 |
407 | ||
|
|
1,421 |
2,339 |
The negative fair value of transactions for hedging against price risk from future cash flows (cash flow hedges) amounted to €7 million (previous year: €216 million).
Negative fair values of €73 million (previous year: €151 million) were recognized from transactions for hedging against interest rate risk (fair value hedges) used in portfolio hedges.
Further details on derivative financial instruments as a whole are given in note 32 Financial risk management and financial instruments.
