Financial statements of JSW S.A. for 2012
12. Financial derivatives
Financial assets:
31 Dec 2012
31 Dec 2011
FX forward:
– EUR
3.9
3.2
Total, of which: 3.9 3.2
long-term part
-
-
short-term part
3.9
3.2
Financial liabilities:
31 Dec 2012
31 Dec 2011
FX forward:
– EUR
0.1
-
Total, of which: 0.1 -
long-term part
-
-
short-term part
0.1
-
A derivative financial instrument is classified as a short-term financial instrument if the settlement date of that instrument of its part is within one year from the final day of the reporting period. If the settlement date of the financial instrument is over one year from the final day of the reporting period then such an instrument or part thereof is classified as a long-term financial instrument.
The nominal values of contracts in respective currencies are presented in the table below:
Contract
Currency
31 Dec 2012
31 Dec 2011
FX forward
EUR
36.6
41.6
FX forward
CZK
2.3
-
Statement of financial position Statement of comprehensive income Statement of changes in equity Cash flow statement 1.1. Name, registered office and line of business 1.2. Approval of the financial statements 1.3. Going concern assumption 2. Description of significant accounting policies applied 2.1. Basis for drawing up the financial statements 2.2. Measurement of items in foreign currencies 2.3. Property, plant and equipment 2.4. Investment property 2.5. Intangible assets 2.6. Impairment of non-financial assets 2.7. Investments in subsidiaries, associates and joint ventures 2.8. Financial assets 2.9. Derivatives 2.10. Inventories 2.11. Cash and cash equivalents 2.12. Share capital 2.13. Trade liabilities and other liabilities 2.14. Loans and borrowings 2.15. Current and deferred income tax 2.16. Employee benefits 2.17. Provisions 2.18. Subsidies 2.19. Contingent items 2.20. Revenues 2.21. Costs 2.22. Cost of external funding 2.23. Lease 2.24. Dividend payment 3.1. Financial risk factors 3.2. Capital risk management 3.3. Estimation of fair value 4. Significant accounting estimations and judgments 5.1. Employee package for eligible employees 5.2. Employee package for ineligible employees 6. Property, plant and equipment 7. Intangible assets 8. Investment property 9. Investments in subsidiaries, co-subsidiaries and associates 10. Financial instruments by type 11. Other long-term assets 12. Financial derivatives 13. Inventories 14. Trade receivables and other receivables 15. Other short-term financial assets 16. Cash and cash equivalents 17. Share capital 18. Retained earnings 19. Deferred income tax 20. Employee benefit liabilities 21. Provisions 22. Trade liabilities and other liabilities 23. Future contractual liabilities and operating lease liabilities 24. Sales revenues 25. Costs by type 26. Other income 27. Disputed property tax on underground mine workings 28. Other costs 29. Other net profits 30. Financial income and costs 31. Income tax 32. Dividends paid and proposed 33. Net cash inflows on operating activity 34. Contingent items 35. Transactions with related entities 36. Events taking place after the final day of the reporting period
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