181
(in millions of Euro)
31 December 2013
Asset
Liability
Non-current
I
nterest rate swaps (cash flow hedges)
-
4
Forward currency contracts on commercial transactions (cash flow hedges)
1
1
Total hedging derivatives
1
5
Metal derivatives
1
2
Total other derivatives
1
2
Total non-current
2
7
Current
Interest rate swaps (cash flow hedges)
-
5
Forward currency contracts on commercial transactions (cash flow hedges)
4
3
Total hedging derivatives
4
8
Forward currency contracts on commercial transactions
9
3
Forward currency contracts on financial transactions
5
5
Interest rate swaps
-
9
Metal derivatives
5
17
Total other derivatives
19
34
Total current
23
42
Total
25
49
8.
DERIVATIVES
These are detailed as follows:
(in millions of Euro)
31 December 2012
Asset
Liability
Non-current
Interest rate swaps (cash flow hedges)
-
35
Forward currency contracts on commercial transactions (cash flow hedges)
3
3
Total hedging derivatives
3
38
Metal derivatives
-
3
Total other derivatives
-
3
Total non-current
3
41
Current
Forward currency contracts on financial transactions (cash flow hedges)
-
3
Forward currency contracts on commercial transactions (cash flow hedges)
6
8
Total hedging derivatives
6
11
Forward currency contracts on commercial transactions
3
3
Forward currency contracts on financial transactions
3
4
Metal derivatives
4
6
Total other derivatives
10
13
Total current
16
24
Total
19
65
