2022
Level
Fair value
through
profit or
loss
Amortised
acquisition
cost
Fair value
through
other
comprehen-
sive income
Fair
value
MEUR
Non-current financial assets
Other investments
2
0.3
0.3
Loan receivables
2
0.2
0.2
Other receivables
2
1.8
1.8
Non-current financial assets total
0.3
2.0
2.3
Current financial assets
Loan receivables
2
0.7
0.7
Trade and other receivables
2
21.8
21.8
Cash and cash equivalents
2
5.2
5.2
Current financial assets total
27.6
27.6
Carrying amount total
0.3
29.6
29.9
Non-current financial liabilities
Financial liabilities
2
98.0
98.0
Liabilities for right-of-use
assets
137.9
137.9
Liabilities for business
acquisitions
3
2.9
2.9
Other liabilities
2
3.1
3.1
Non-current financial liabilities total
241.9
241.9
Current financial liabilities
Financial liabilities
2
29.1
29.1
Liabilities for right-of-use
assets
30.8
30.8
Liabilities for business
acquisitions
3
1.1
1.1
Trade payables
2
21.4
21.4
Current financial liabilities total
82.4
82.4
Carrying amount total
324.3
0.0
324.3
When determining the fair values for the financial assets and liabilities presented in the
table, the following price quotations, assumptions and measurement models were used:
Financial assets measured at fair value through profit or loss
Financial assets measured at fair value through profit or loss mainly comprise Finnish
holdings and Finnish unquoted shares. Unquoted share investments are measured at fair
value. Financial assets measured at fair value are either sellable on the secondary market
or their measurement uses the bid price on the counterparty's closing date or other public
information. The Group exercises judgement in choosing the measurement method to apply
and the assumptions used in measurement based on prevailing market practices and
circumstances.
Trade and other receivables and interest-bearing receivables
The amortised acquisition cost of the receivables corresponds to their fair value because the
effects of discounting are not relevant when considering the maturity of the receivables.
Financial liabilities, trade payables and other liabilities
The amortised acquisition cost of trade and other payables corresponds to their fair value
because the effects of discounting are not relevant when considering the maturity of the
receivables.
Fair value hierarchy for financial assets measured at fair value
Level 1
The fair values are based on the quoted prices of similar asset items
or liabilities on the market.
Level 2
The fair values for the instruments are based on significantly different
input information than the quoted prices at level 1, but they are,
nevertheless, based on information (i.e. prices) or indirect information
(i.e. derived from prices). In determining the fair value of these
instruments, the Group uses generally accepted measurement
models whose input information is largely based on verifiable market
data.
Level 3
The fair values of the instruments are based on input data concerning
the asset item or liability that is not based on verifiable market data;
instead, they are largely based on the management's estimates and
their use in generally accepted measurement models.