25. Carrying amounts of financial assets and liabilities by measurement categories

2016 Note Financial assets/ liabilities at fair value through income statement Loans and receivables Financial liabilities measured at amortised cost Carrying amounts by balance sheet item Fair value







Current financial assets
Trade and other receivables 18
13,775
13,775 13,775
Cash and cash equivalents 19
3,503
3,503 3,503
Carrying amount by category

17,278
17,278 17,278







Current financial liabilities
Current interest-bearing liabilities 22

440 440 440
Trade and other payables 23

4,917 4,917 4,917
Derivative liabilities 23 314

314 314
Carrying amount by category
314
5,357 5,671 5,671







2015 Note Financial assets/ liabilities at fair value through income statement Loans and receivables Financial liabilities measured at amortised cost Carrying amounts by balance sheet item Fair value







Current financial assets
Trade and other receivables 18
12,053
12,053 12,053
Cash and cash equivalents 19
6,433
6,433 6,433
Carrying amount by category

18,486
18,486 18,486







Current financial liabilities
Current interest-bearing liabilities 22

31,781 31,781 31,781
Trade and other payables 23

6,060 6,060 6,060
Derivative liabilities 23 424

424 424
Carrying amount by category
424
37,841 38,265 38,265














The fair value of interest rate swap is determined by using market rates of the counterparty for instruments with similar maturity. The fair value of the short term investments is determined based on the price quotation of the counterparty. The carrtying amounts of the other financial assets and liabilities correspond to their fair value, since the impact of discounting being not material considering their maturity.


Fair value hierarchy







Items measured at fair value or for which fair value is disclosed in the financial statements, are categorised using a fair value hierarchy that reflects the significance of the inputs used in making the measurements. The fair value hierarchy includes the levels 1-3. Level 1: Quoted prices in active markets for identical assets or liabilities. Level 2: Inputs other than quoted prices included within level 1 that are observable for the asset or liability, either directly or indirectly. Level 3: Inputs for the asset or liability that are not based on observable market data.


Items measured at fair value or for which fair value is disclosed in the financial statements, are categorised into hierarchy level 2. During the reporting period, there were no transfers between the hierarchy levels.



Values of underlying instruments of derivative contracts




2016 2015
EUR 1,000 Note Value of underlying instruments Fair value Value of underlying instruments Fair value







Derivative liabilities
Currency derivatives 23



Interest rate swaps 23 11,588 314 13,054 424
Derivative liabilities total 314 424