Note 6 Available-for-sale financial assets
€ million | |
Carrying amount as at 1 January 2015 | 359 |
Movements 2015 | |
Currency translation differences | 28 |
Fair value movements | 15 |
Termination of financial asset on maturity | -173 |
Total | -130 |
Carrying amount as at 31 December 2015 | 229 |
Movements 2016 | |
Currency translation differences | 5 |
Fair value movements | -10 |
Total | -5 |
Carrying amount as at 31 December 2016 | 224 |
Available-for-sale financial assets as at year-end 2016 comprises investments in a debt instrument issued by a large financial institution which serves to cover obligations arising from two cross-border lease contracts (2015: €229 million). The carrying amount of the related lease obligations was €168 million at year-end 2016 (2015: €162 million).