The impact and the breakdown of the Group’s financial instruments in the statement of financial position as of December 31, 2017 are as follows:
| December 31, 2017 | ||||||||||||||||||||||||||||||
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Fair value |
Carrying Amount |
Fair Value |
Fair value in income statement |
Available-for- sale assets |
Loans, receivables |
Debts at amortized cost |
Derivatives | |||||||||||||||||||||||
| (In millions of US$) | ||||||||||||||||||||||||||||||
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Non-consolidated investments |
Level 3 | 3.8 | 3.8 | — | 3.8 | — | — | — | ||||||||||||||||||||||
| Financial and non-current assets | Level 3 | 58.8 | 58.8 | — | — | 58.8 | — | — | ||||||||||||||||||||||
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Notes receivables |
Level 3 | 522.6 | 522.6 | — | — | 522.6 | — | — | ||||||||||||||||||||||
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Financial instruments |
Level 2 | — | — | — | — | — | — | — | ||||||||||||||||||||||
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Cash equivalents |
Level 2 | 85.8 | 85.8 | 85.8 | — | — | — | — | ||||||||||||||||||||||
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Cash |
Level 2 | 229.6 | 229.6 | 229.6 | — | — | — | — | ||||||||||||||||||||||
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Total assets |
900.6 | 900.6 | 315.4 | 3.8 | 581.4 | — | — | |||||||||||||||||||||||
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Financial debts (see note 13) |
Level 2 | 2,840.5 | 2,023.8 | — | — | — | 2,023.8 | — | ||||||||||||||||||||||
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Bank overdraft facilities |
Level 2 | 0.2 | 0.2 | 0.2 | — | — | — | — | ||||||||||||||||||||||
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Notes payables |
Level 3 | 169.9 | 169.9 | — | — | 169.9 | — | — | ||||||||||||||||||||||
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Financial instruments |
Level 2 | — | — | — | — | — | — | — | ||||||||||||||||||||||
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Total liabilities |
3,010.6 | 2,193.9 | 0.2 | — | 169.9 | 2,023.8 | — | |||||||||||||||||||||||
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| (1) |
Level 1 — Quoted (unadjusted) market prices in active markets for identical assets or liabilities |
Level 2 — Valuation techniques for which the lowest level input that is significant to the fair value measurement is directly or indirectly observable
Level 3 — Valuation techniques for which the lowest level input that is significant to the fair value measurement is unobservable