Page 89 - KELAG Annual Report 2017

Bonds FLAAC 1 302.7 343.0
Financial liabilities to banks and others FLAAC 2 137.6 133.6
Derivative financial instruments for finance purposes FLHFT 2 2.0 2.0
NON-CURRENT AND CURRENT FINANCIAL
LIABILITIES 442.3 478.5
Other financial instruments FLAAC 16.8 16.8
OTHER NON-CURRENT LIABILITIES 16.8 16.8
Trade payables FLAAC 95.4 95.4
Liabilities to other investees and investors FLAAC 2.4 2.4
Liabilities to affiliates FLAAC 26.4 26.4
Derivative financial instruments relating to energy FLHFT 2 19.0 19.0
TRADE PAYABLES AND OTHER CURRENT
LIABILITIES 143.3 143.3

Aggregated by measurement category
Financial liabilities at amortised cost FLAAC 581.3 617.6
Financial liabilities held for trading FLHFT 20.9 20.9

FLAAC... Financial liabilities at amortised cost
FLHFT... financial liabilities held for trading

The fair value of the financial assets and liabilities is stated at the amount at which the instrument
could be exchanged in a current transaction between willing parties, other than in a forced or
liquidation sale.

Unless otherwise stated, the fair value of certain assets and liabilities approximates their carrying
amount on account of their short terms to maturity and the good credit rating of the KELAG Group
(“A/stable”). The following methods and assumptions were used to determine the fair values:

 Non-current, fixed-interest receivables and loans are measured by the Group based on
parameters such as interest rates, country-specific risk factors, individual creditworthiness of the