Notes to the consolidated interim financial statement

Information regarding the fair value of financial instruments

The carrying amounts of the cash and cash equivalents (as of June 30, 2023: € 4,651 million; as of December 31, 2022: € 5,138 million; as of June 30, 2022: € 3,827 million), trade receivables and other financial assets (as of June 30, 2023: € 9,527 million; as of December 31, 2022: € 9,580 million; as of June 30, 2022: € 10,343 million) approximate the fair values as of the balance sheet date.

The carrying amounts of the trade liabilities, the other and miscellaneous financial liabilities (as of June 30, 2023: € 9,956 million; as of December 31, 2022: € 10,656 million; as of June 30, 2022: € 9,657 million), as well as the current financial debt, approximate the fair values as of the closing date.

As of June 30, 2023, € 2,039 million (as of December 31, 2022: € 1,830 million; as of June 30, 2022: € 1,235 million) of the overall receivables and other assets related to non-financial assets. As of June 30, 2023, € 2,619 million (as of December 31, 2022: € 2,679 million; as of June 30, 2022: € 2,508 million) of the overall other liabilities related to non-financial liabilities.

The fair value of non-current financial debt with a carrying amount of € 31,006 million as of June 30, 2023, was € 26,568 million (as of December 31, 2022: carrying amount € 31,186 million, fair value € 26,491 million; as of June 30, 2022: carrying amount € 31,674 million, fair value € 28,213 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 were no reclassifications between the valuation levels in the first half of 2023.

Where would you most likely position yourself?How do you like our digital report?Thank you for your participation!

Where do you see room for improvement?

Sustainability indices

Filter report by: