C18. Interest-bearing receivables, cash and cash equivalents

Interest-bearing receivables

The total carrying value of interest-bearing receivables was distributed as follows.

SEK in millions

Dec 31, 2015

Dec 31, 2014

Interest rate swaps and cross currency interest rate swaps at fair value

804

821

of which designated as fair value hedges

305

of which held-for-trading

804

516

Subtotal (see Fair value hierarchy levels – Note C25)

804

821

Short-term investments with maturities over 3 months

5,635

3,144

of which bonds available for sale

5,635

279

of which bonds and commercial papers held-to-maturity

of which bank deposits at amortized cost

2,866

Loans and receivables at amortized cost

3,916

6,850

Subtotal (see Categories – Note C25)

10,355

10,815

Finance lease receivables

324

178

Total (see Credit risk – Note C26)

10,679

10,993

Carrying values for items measured at amortized cost and finance lease receivables are assumed to approximate fair values as the risk of changes in value is insignificant. Refer to Note C25 “Financial assets and liabilities by category and level” and section “Credit risk management” in Note C26 “Financial risk management” for more information on financial instruments classified by category/fair value hierarchy level and exposed to credit risk, respectively. For information on leases, see Note C27 “Leasing agreements.”

Cash and cash equivalents

Cash and cash equivalents were distributed as follows.

SEK in millions

Dec 31, 2015

Dec 31, 2014

Short-term investments with maturities up to and including 3 months

3,718

16,103

of which bonds available for sale

1,262

of which bank deposits at amortized cost

2,456

16,103

Cash and bank

10,929

12,632

Total (see Categories – Note C25 and Credit risk – Note C26)

14,647

28,735

Former segment region Eurasia is classified as held for sale and discontinued operations as of December 31, 2015 and therefore not included in the figures for 2015. The comparative year 2014 has not been restated. For further information, see Note C34 “Discontinued operations and assets classified as held for sale.”

The carrying values are assumed to approximate fair values as the risk of changes in value is insignificant. Refer to Note C25 “Financial assets and liabilities by category and level” and section “Credit risk management” in Note C26 “Financial risk management” for more information on financial instruments classified by category and exposed to credit risk, respectively, and to Note C29 “Contingencies, other contractual obligations and litigation” for information on blocked funds in bank accounts.

© TeliaSonera 2015
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