As at 31 December 2009, cash and cash equivalents totalled Euro 350,332 thousand (Euro 193,635 thousand as at 31 December 2008), and include cash, cash equivalents, and bank cheques and drafts held in centralised and decentralised accounts for a total of Euro 183 thousand; and bank and financial institution deposits available for current transactions and post office accounts totalling Euro 350,149 thousand.
The increase compared to the previous year is attributable to the financial resources contributed by the bond issued in November 2009.
Classification of financial assets and liabilities pursuant to IFRS 7
The following table illustrates the composition of Group assets by measurement class. The fair value of the derivatives is instead itemized in Note 22.
| 31-Dec-09 | Fair value in income statement | Receivables and Loans | Held to maturity | Held for sale | Total |
|---|---|---|---|---|---|
| Non-current assets | 10,534 | 1 | 10,535 | ||
| Financial assets measured at fair value | 1 | 1 | |||
| Non-current receivables due from related parties | 10,108 | 10,108 | |||
| Receivables | 426 | 426 | |||
| Current assets | 32,057 | 1,298,427 | 7,274 | 1,337,758 | |
| Trade receivables | 1,137,076 | 1,137,076 | |||
| Financial assets measured at fair value | 7,274 | 7,274 | |||
| Financial receivables | 14,516 | 14,516 | |||
| Other assets | 32,057 | 146,835 | 178,892 | ||
| 31-Dec-08 | Fair value in income statement | Receivables and Loans | Held to maturity | Held for sale | Total |
| Non-current assets | 8,575 | 22 | 8,597 | ||
| Financial assets measured at fair value | 22 | 22 | |||
| Non-current receivables due from related parties | 8,466 | 8,466 | |||
| Receivables | 109 | 109 | |||
| Current assets | 21,091 | 1,274,690 | 6,794 | 1,302,575 | |
| Trade receivables | 1,161,295 | 1,161,295 | |||
| Financial assets measured at fair value | 6,794 | 6,794 | |||
| Financial receivables | 861 | 861 | |||
| Other assets | 21,091 | 112,534 | 133,625 |
With regard to "non-current assets", please see the itemization in Note 20.
With regard to "current assets", please see the itemization in Notes 24, 26 and 27.
The following table illustrates the composition of Group liabilities by measurement class. The fair value of the derivatives is instead itemized in Note 22.
| 31-Dec-09 | Hedged items (fair value hedge) | Amortised Cost | Total |
|---|---|---|---|
| Non-current liabilities | 141,111 | 2,013,125 | 2,154,236 |
| Loans | 141,111 | 2,003,746 | 2,144,857 |
| Financial leasing payables | 9,379 | 9,379 | |
| Current liabilities | 1,168,401 | 1,168,401 | |
| Loans | 113,039 | 113,039 | |
| Financial leasing payables | 7,148 | 7,148 | |
| Trade payables | 1,048,214 | 1,048,214 | |
| 31-Dec-08 | Fair value in income statement | Receivables and loans | Total |
| Non-current liabilities | 1,571,833 | 1,571,833 | |
| Loans | 1,560,658 | 1,560,658 | |
| Financial leasing payables | 11,175 | 11,175 | |
| Current liabilities | 1,293,982 | 1,293,982 | |
| Loans | 204,818 | 204,818 | |
| Financial leasing payables | 4,737 | 4,737 | |
| Trade payables | 1,084,427 | 1,084,427 |
With regard to "non-current liabilities", please see the itemization in Notes 30 and 34.
With regard to "current liabilities", please see the itemization in Notes 30, 34 and 35.
