Information regarding the faire value of financial instruments

The carrying amounts of the cash and cash equivalents (as of June 30, 2021: € 3,434 million; as of December 31, 2020: € 3,411 million; as of June 30, 2020: € 3,696 million), trade receivables and other financial assets (as of June 30, 2021: € 8,268 million; as of December 31, 2020: € 7,505 million; as of June 30, 2020: € 7,042 million) approximate the fair values as of the balance sheet date.

The carrying amounts of the trade payables, the other and miscellaneous financial liabilities (as of June 30, 2021: € 8,485 million; as of December 31, 2020: € 8,047 million; as of June 30, 2020: € 7,211 million) as well as the current financial debt approximate the fair values as of the closing date.

Of the figure stated for receivables and other assets as of June 30, 2021, € 721 million was attributable to non-financial assets (as of December 31, 2020: € 689 million; as of June 30, 2020: € 739 million). Of the figure stated for other liabilities of June 30, 2021, € 2,273 million was attributable to non-­financial assets (as of December 31, 2020: € 2,307 million; as of June 30, 2020: € 2,499 million).

The fair value of the non-current financial debt amounted to € 30,544 million as of June 30, 2021 (as of December 31, 2020: € 29,825 million; as of June 30, 2020; € 28,383 million).

The derivative financial instruments recognized at fair value are classified under valuation level 2 and to a lesser extent under valuation level 1. There have been no reclassifications between the valuation levels in the first half of 2021.