43.2 Financial liabilities by category

 

The following table shows the carrying amount for each category of financial liability provided for under IFRS 9, broken down into current and non-current financial liabilities, showing hedging derivatives and derivatives measured at fair value through profit or loss separately.

 

Millions of euro

Notes

Non-current

Current

  

at Dec. 31, 2019

at Dec. 31, 2018

at Dec. 31, 2019

at Dec. 31, 2018

Financial liabilities measured at amortized cost

43.2.1

54,931

49,824

28.261

27,567

Financial liabilities at fair value through profit or loss

     

Derivative financial liabilities at FVTPL

43.4

20

34

2,981

3,135

Total financial liabilities at fair value through profit or loss

 

20

34

2,981

3,135

Derivative financial liabilities designated as hedging instruments

     

Fair value hedge derivatives

43.4

1

-

-

-

Cash flow hedge derivatives

43.4

2,386

2,575

573

1,208

Total derivative financial liabilities designated as hedging instruments

 

2,387

2,575

573

1,208

TOTAL

 

57,338

52.433

31,815

31,910

For more information on fair value measurement, please see note 48 “Liabilities measured at fair value”.

 

43.2.1 Financial liabilities measured at amortized cost

The following table shows financial liabilities at amortized cost by nature, broken down into current and non-current financial liabilities. 

Millions of euro

 

Non-current

 

Current

 

Notes

at Dec. 31, 2019

at Dec. 31, 2018

Notes

at Dec. 31, 2019

at Dec. 31, 2018

Long-term borrowings

43.3

54,174

48,983

43.3

3,409

3,367

Short-term borrowings

 

-

-

43.3

3,917

3,616

Trade payables

39

638

669

39

12,322

12,718

Other financial liabilities

38

119

172

42

8,613

7,866

Total

 

54,931

49,824

 

28,261

27,567