and regularly occurring market transactions on an arm's length basis.
December 31, 2010
Financial assets measured
at amortized cost
Financial assets measured
at fair value
Av ailable for
Derivatives - Derivatives -
sale -
Loans and
through through
through
(in m
„ions of
Note Receivables
profit or loss equity
equity
Total
Non
-Current
Investments in securities
11
125
125
Other financial assets
12 17
17
Derivative instruments
19
61
61
Current
Receivables
14 637
637
Investments in securities
11
43
43
Other financial assets
12 3
3
Derivative instruments
19
5
5
Cash and cash equivalents
15 758
758
T ota
l financial ass ets
1 415
66
168
1 649
Financial Assets measured at fair value by Fair Va lue Hierarchy
Fair value is the amount for which an asset could be exchanged or a liability settled in an arm's length transaction. IFRS 7
requires, for financial instruments that are measured in the balance sheet at fair value, the disclosure of fair value measurements
by level of the following fair value measurement hierarchy:
Level 1: Th e fair value of a financial instrument that is traded in an active market is measured based on quoted (unadjusted)
prices for identical assets or liabilities. A market is considered as active if quoted prices are readily and regularly available
from an exchange, dealer, broker, industry group, pricing service, or regulatory agency, and those prices represent actual
Level 2: The fair value of financial instruments that are not traded in an active market is determined by using valuation
techniques. These valuation techniques maximize the use of observable market data where it is available and rely as little as
possible on entity specific estimates. If all significant inputs required to fair value an instrument are observable, either directly
(i.e., as prices) or indirectly (i.e., derived from prices), the instrument is included in level 2.
Level 3: I f one or more of the significant inputs used in applying the valuation technique is not based on observable market
data, the financial instrument is included in level 3.
December 31, 2012
(in m,ll,ons of
Non-Current
Available for sale - through equity 11 8 3 11
Derivatives - through profit or loss 19 61 61
Derivatives - through equity 19
Current
Available for sale - through equity 11 93 93
Derivatives - through profit or loss 19
Derivatives - through equity 19
Total financial assets measured at fair value 101 64 165
106 DELHAIZE GROUP FINANCIAL STATEMENTS'12
