11. Financial instruments

The tables below show the carrying amounts and fair values of financial assets and financial liabilities, including their level in the fair value hierarchy.

Download

Financial Assets as of 30 June 2018 (valuations according to IFRS 9)
in € thousand	Carrying amount				Fair Value
	Amortised cost	Fair value through profit or loss	Fair value through other comprehensive income	Balance sheet value	Level 1	Level 2	Level 3	Total
Financial assets measured at fair value
Financial assets (securities)		70	5,775	5,845	5,845			5,845
Other financial receivables		289	17,276	17,565	17,565			17,565
	0	359	23,051	23,410
Financial assets not measured at fair value
Financial assets	9,567			9,567
Trade receivables	174,371			174,371
Receivables from related parties	39,316			39,316
Other financial receivables	3,994			3,994
Cash, cash equivalents and short-term deposits	97,829			97,829
	325,077	0	0	325,077

Download

Financial Liabilities as of 30 June 2018 (valuations according to IFRS 9)
in € thousand	Carrying amount			Fair Value
	Fair value through profit or loss	Amortised cost	Balance sheet value	Level 1	Level 2	Level 3	Total
Financial liabilities measured at fair value
Financial liabilities			0				0
	0	0	0
Financial liabilities not measured at fair value
Financial liabilities (liabilities from bank loans)		260,808	260,808		264,646		264,646
Financial liabilities (finance lease liabilities)		40,171	40,171		40,171		40,171
Financial liabilities (settlement obligation)		22,620	22,620		22,620		22,620
Financial liabilities (other)		35,100	35,100		35,100		35,100
Trade liabilities		85,915	85,915				0
Liabilties to related parties (finance lease liabilties)		105,695	105,695		141,034		141,034
Liabilities to related parties (other)		9,142	9,142
	0	559,451	559,451

Download

Financial Assets as of 31 December 2017 (valuations according to IAS 39)
in € thousand	Carrying amount			Fair Value
	Loans and receivables	Available for sale	Balance sheet value	Level 1	Level 2	Level 3	Total
Financial assets measured at fair value
Financial assets		6,844	6,844	6,844			6,844
Other financial receivables		677	677	677			677
	0	7,521	7,521
Financial assets not measured at fair value
Financial assets	11,834	2,901	14,735
Trade receivables	149,115		149,115
Receivables from related parties	81,527		81,527
Other financial receivables	1,974		1,974
Cash, cash equivalents and short-term deposits	201,514		201,514
	445,964	2,901	448,865

Download

Financial Liabilities as of 31 December 2017 (valuations according to IAS 39)
in € thousand	Carrying amount				Fair Value
	Held for trading	Fair value – hedging instruments	Other financial liabilities	Balance sheet value	Level 1	Level 2	Level 3	Total
Financial liabilities measured at fair value
Financial liabilities				0				0
	0	0	0	0
Financial liabilities not measured at fair value
Financial liabilities (liabilities from bank loans)			256,879	256,879		260,869		260,869
Financial liabilities (finance lease liabilities)			37,422	37,422		37,422		37,422
Financial liabilities (settlement obligation, long-term)			22,620	22,620		22,620		22,620
Financial liabilities (settlement obligation, short-term)			30,900	30,900
Financial liabilities (other)			37,736	37,736		37,736		37,736
Trade liabilities			77,246	77,246
Liabilties to related parties (finance lease liabilties)			105,914	105,914		141,722		141,722
Liabilities to related parties (other)			7,614	7,614
	0	0	576,331	576,331

In the first half of 2018, losses of € 359 thousand (30 June 2017: € 742 thousand) were recognised in the Income Statement on financial assets and/or liabilities held at fair value through profit and loss. In the previous year and in the first half of 2018, these relate to currency hedging instruments that do not pertain to effective hedging relationships as per IAS 39 and IFRS 9.

Currency futures contracts concluded in the previous year covering a total amount of € 28,500 thousand have a remaining term of approximately two years.

The valuation methods and key unobservable input factors for calculating fair value are described in the Notes to the Consolidated Financial Statements as of 31 December 2017.