The item “Securities” includes the following categories of securities:
|
(in thousands of euro) |
31.12.2010 |
31.12.2009 |
|
Bonds |
60,675 |
101,584 |
|
Italian Government securities or similar securities |
-- |
-- |
|
Sundry securities |
-- |
-- |
|
Investment funds and similar funds |
-- |
-- |
|
Total |
60,675 |
101,584 |
The measurement at fair value of the item “securities” involved a negative adjustment to the income statement of € 1,518 thousand.
Starting
from the financial statements as of December 31 2009 the company must indicate
whether fair values are determined, entirely or partly, with reference to
prices quoted by an active market (“Level
The following chart shows the breakdown of the item “Securities” and “Other financial assets” valued at fair value:
Financial year 2009
|
Balance sheet items |
Level 1 |
Level 2 |
Level 3 |
Total in |
|
|
|
|
|
balance sheet |
|
Securities – 5.c. |
|
|
|
|
|
(measured at fair value through profit and loss) |
|
|
|
|
|
- Bonds |
99,581 |
2,003 |
-- |
101,584 |
|
- Italian Government securities and similar securities |
-- |
-- |
-- |
-- |
|
- Sundry securities |
-- |
-- |
-- |
-- |
|
- Investment funds and similar funds |
-- |
-- |
-- |
-- |
|
Total securities |
99,581 |
2,003 |
-- |
101,584 |
|
Financial receivables – 5.b. |
|
|
|
|
|
(valued at fair value through profit and loss) |
|
|
|
|
|
- Derivatives |
-- |
1,085 |
-- |
1,085 |
|
Total financial receivables |
-- |
1,085 |
-- |
1,085 |
|
Total assets |
99,581 |
3,088 |
-- |
102,669 |
Financial year 2010
|
Balance sheet items |
Level 1 |
Level 2 |
Level 3 |
Total in |
|
|
|
|
|
balance sheet |
|
Securities – 5.c. |
|
|
|
|
|
(measured at fair value through profit and loss) |
|
|
|
|
|
- Bonds |
60,675 |
-- |
-- |
60,675 |
|
- Italian Government securities and similar securities |
-- |
-- |
-- |
-- |
|
- Sundry securities |
-- |
-- |
-- |
-- |
|
- Investment funds and similar funds |
-- |
-- |
-- |
-- |
|
Total securities |
60,675 |
-- |
-- |
60,675 |