2019 Annual financial report

/ At December 31, 2018

(in millions of euros)	Value in balance sheet	Fair value through profit and loss	Amortized cost	Fair value through OCI
Other financial assets	Other financial assets Value in balance sheet	Other financial assets Fair value through profit and loss	Other financial assets Amortized cost	Other financial assets Fair value through OCI
• innovation mutual funds	• innovation mutual funds Value in balance sheet 88	• innovation mutual funds Fair value through profit and loss 88	• innovation mutual funds Amortized cost	• innovation mutual funds Fair value through OCI
•other securities	•other securities Value in balance sheet 13	•other securities Fair value through profit and loss 13	•other securities Amortized cost -	•other securities Fair value through OCI -
• loans to associates and non-consolidated companies	• loans to associates and non-consolidated companies Value in balance sheet 29	• loans to associates and non-consolidated companies Fair value through profit and loss -	• loans to associates and non-consolidated companies Amortized cost 29	• loans to associates and non-consolidated companies Fair value through OCI -
• other	• other Value in balance sheet 85	• other Fair value through profit and loss -	• other Amortized cost 85	• other Fair value through OCI -
Trade receivables	Trade receivables Value in balance sheet 9,115	Trade receivables Fair value through profit and loss -	Trade receivables Amortized cost 9,115	Trade receivables Fair value through OCI -
Other current receivables and current assets⁽¹⁾	Other current receivables and current assets⁽¹⁾ Value in balance sheet	Other current receivables and current assets⁽¹⁾ Fair value through profit and loss	Other current receivables and current assets⁽¹⁾ Amortized cost	Other current receivables and current assets⁽¹⁾ Fair value through OCI
• derivatives hedging current assets and liabilities	• derivatives hedging current assets and liabilities Value in balance sheet 12	• derivatives hedging current assets and liabilities Fair value through profit and loss 12	• derivatives hedging current assets and liabilities Amortized cost -	• derivatives hedging current assets and liabilities Fair value through OCI -
• derivatives on intercompany loans and borrowingse	• derivatives on intercompany loans and borrowingse Value in balance sheet 18	• derivatives on intercompany loans and borrowingse Fair value through profit and loss 18	• derivatives on intercompany loans and borrowingse Amortized cost -	• derivatives on intercompany loans and borrowingse Fair value through OCI -
• other	• other Value in balance sheet 148	• other Fair value through profit and loss -	• other Amortized cost 148	• other Fair value through OCI -
Assets	Assets Value in balance sheet 9,508	Assets Fair value through profit and loss 131	Assets Amortized cost 9 377	Assets Fair value through OCI -
Long-term borrowings	Long-term borrowings Value in balance sheet 2,425	Long-term borrowings Fair value through profit and loss -	Long-term borrowings Amortized cost 2,425	Long-term borrowings Fair value through OCI -
Trade payables	Trade payables Value in balance sheet 12,176	Trade payables Fair value through profit and loss -	Trade payables Amortized cost 12,176	Trade payables Fair value through OCI -
Short-term borrowings	Short-term borrowings Value in balance sheet 449	Short-term borrowings Fair value through profit and loss -	Short-term borrowings Amortized cost 449	Short-term borrowings Fair value through OCI -
Other creditors and current liabilities⁽²⁾	Other creditors and current liabilities⁽²⁾ Value in balance sheet	Other creditors and current liabilities⁽²⁾ Fair value through profit and loss	Other creditors and current liabilities⁽²⁾ Amortized cost	Other creditors and current liabilities⁽²⁾ Fair value through OCI
• derivatives hedging current assets and liabilities	• derivatives hedging current assets and liabilities Value in balance sheet 16	• derivatives hedging current assets and liabilities Fair value through profit and loss 16	• derivatives hedging current assets and liabilities Amortized cost -	• derivatives hedging current assets and liabilities Fair value through OCI -
• derivatives on intercompany loans and borrowings	• derivatives on intercompany loans and borrowings Value in balance sheet 20	• derivatives on intercompany loans and borrowings Fair value through profit and loss 20	• derivatives on intercompany loans and borrowings Amortized cost -	• derivatives on intercompany loans and borrowings Fair value through OCI -
• Eurobond 2021 and 2024 derivatives	• Eurobond 2021 and 2024 derivatives Value in balance sheet 46	• Eurobond 2021 and 2024 derivatives Fair value through profit and loss -	• Eurobond 2021 and 2024 derivatives Amortized cost -	• Eurobond 2021 and 2024 derivatives Fair value through OCI 46
• other	• other Value in balance sheet 137	• other Fair value through profit and loss -	• other Amortized cost 137	• other Fair value through OCI -
Equity and Liabilities	Equity and Liabilities Value in balance sheet 15,269	Equity and Liabilities Fair value through profit and loss 36	Equity and Liabilities Amortized cost 15,187	Equity and Liabilities Fair value through OCI 46

(1) Excluding tax claims, advances to suppliers and prepayments (see Note 17).
(2) Excluding advances and deposits received, liabilities to employees and tax liabilities (see Note 24).

Financial instruments – assets

(in millions of euros)	December 31, 2019	December 31, 2018
Derivatives qualified as hedging instruments	Derivatives qualified as hedging instruments December 31, 2019	Derivatives qualified as hedging instruments December 31, 2018
• derivatives hedging current assets and liabilities	• derivatives hedging current assets and liabilities December 31, 2019 10	• derivatives hedging current assets and liabilities December 31, 2018 12
• derivatives on intercompany loans and borrowings	• derivatives on intercompany loans and borrowings December 31, 2019 28	• derivatives on intercompany loans and borrowings December 31, 2018 18
Instruments at fair value through profit and loss	Instruments at fair value through profit and loss December 31, 2019	Instruments at fair value through profit and loss December 31, 2018
• innovation mutual funds	• innovation mutual funds December 31, 2019 87	• innovation mutual funds December 31, 2018 88
• unconsolidated securities	• unconsolidated securities December 31, 2019 13	• unconsolidated securities December 31, 2018 13
Instruments at amortized cost	Instruments at amortized cost December 31, 2019	Instruments at amortized cost December 31, 2018
• other financial assets, receivables and other receivables	• other financial assets, receivables and other receivables December 31, 2019 10,405	• other financial assets, receivables and other receivables December 31, 2018 9,348
• loans to associates and non-consolidated companies	• loans to associates and non-consolidated companies December 31, 2019 21	• loans to associates and non-consolidated companies December 31, 2018 29
Total financial instruments – assets	Total financial instruments – assets December 31, 2019 10,564	Total financial instruments – assets December 31, 2018 9,508