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Consolidated Financial Statements as of December 31, 2015
Notes to the Consolidated Financial Statements
Cash and cash equivalents
12.2.4
Accounting policies
Cash includes cash on hand and demand deposits.
Cash equivalents are highly liquid investments with an original maturity of less than three months that are readily convertible to a known amount of
cash and are subject to an insignificant risk of changes in value.
December 31, 2015
December 31, 2014
(in millions of euros)
Cash
1,286
2,027
Cash equivalents
1,439
1,086
TOTAL CASH AND CASH EQUIVALENTS
2,724
3,113
There are no material restrictions on the Group's ability to recover or use the assets and settle the liabilities of foreign operations, except for those
resulting from local regulations in its host countries. The local supervisory authorities may require banking subsidiaries to comply with certain
capital, liquidity and other ratios and to limit their exposure to other Group parties.
Other current financial assets
12.2.5
December 31, 2015
December 31, 2014
(in millions of euros)
Available-for-sale financial assets
0
96
Derivative instruments
151
111
Deposits with maturities of more than three months
186
222
Other
22
76
TOTAL OTHER CURRENT FINANCIAL ASSETS
358
504
208
2015 REGISTRATION DOCUMENT