| (in millions of euros) | 31/12/2017 | Change of method | Net | Changes in fair value | Discount effect | Changes in scope | Translation adjustments | Other | 31/12/2018 |
|---|---|---|---|---|---|---|---|---|---|
| Available-for-sale financial assets | Available-for-sale financial assets 31/12/2017 40,924 | Available-for-sale financial assets Change of method (40,924) | Available-for-sale financial assets Net - | Available-for-sale financial assets Changes in fair value - | Available-for-sale financial assets Discount effect - | Available-for-sale financial assets Changes in scope - | Available-for-sale financial assets Translation adjustments - | Available-for-sale financial assets Other - | Available-for-sale financial assets 31/12/2018 - |
| Instruments at fair value through OCI with recycling | Instruments at fair value through OCI with recycling 31/12/2017 - | Instruments at fair value through OCI with recycling Change of method 20,828 | Instruments at fair value through OCI with recycling Net 2,060 | Instruments at fair value through OCI with recycling Changes in fair value (102) | Instruments at fair value through OCI with recycling Discount effect - | Instruments at fair value through OCI with recycling Changes in scope - | Instruments at fair value through OCI with recycling Translation adjustments 112 | Instruments at fair value through OCI with recycling Other 40 | Instruments at fair value through OCI with recycling 31/12/2018 22,938 |
| Instruments at fair value through OCI with no recycling | Instruments at fair value through OCI with no recycling 31/12/2017 - | Instruments at fair value through OCI with no recycling Change of method 444 | Instruments at fair value through OCI with no recycling Net (9) | Instruments at fair value through OCI with no recycling Changes in fair value (37) | Instruments at fair value through OCI with no recycling Discount effect - | Instruments at fair value through OCI with no recycling Changes in scope 7 | Instruments at fair value through OCI with no recycling Translation adjustments - | Instruments at fair value through OCI with no recycling Other 8 | Instruments at fair value through OCI with no recycling 31/12/2018 413 |
| Instruments at fair value through profit and loss | Instruments at fair value through profit and loss 31/12/2017 - | Instruments at fair value through profit and loss Change of method 19,652 | Instruments at fair value through profit and loss Net 1,489 | Instruments at fair value through profit and loss Changes in fair value (847) | Instruments at fair value through profit and loss Discount effect - | Instruments at fair value through profit and loss Changes in scope (6) | Instruments at fair value through profit and loss Translation adjustments - | Instruments at fair value through profit and loss Other (128) | Instruments at fair value through profit and loss 31/12/2018 20,160 |
| Loans and financial receivables | Loans and financial receivables 31/12/2017 14,622 | Loans and financial receivables Change of method - | Loans and financial receivables Net (1,362) | Loans and financial receivables Changes in fair value - | Loans and financial receivables Discount effect 460 | Loans and financial receivables Changes in scope (34) | Loans and financial receivables Translation adjustments (96) | Loans and financial receivables Other 359 | Loans and financial receivables 31/12/2018 13,949 |
Cash and cash equivalents comprise cash in hand and at bank and investments in money market instruments. Cash and cash equivalents as stated in the cash flow statements include the following amounts recorded in the balance sheet:
| (in millions of euros) | 31/12/2019 | 31/12/2018 |
|---|---|---|
| Cash | Cash 31/12/2019 3,698 | Cash 31/12/2018 2,855 |
| Cash equivalents* | Cash equivalents *31/12/2019 236 | Cash equivalents *31/12/2018 435 |
| Financial current accounts | Financial current accounts 31/12/2019 - | Financial current accounts 31/12/2018 - |
| CASH AND CASH EQUIVALENTS | CASH AND CASH EQUIVALENTS 31/12/2019 3,934 | CASH AND CASH EQUIVALENTS 31/12/2018 3,290 |
*Items stated at fair value amount to €236 million at 31 December 2019 (€435 million at 31 December 2018).
Cash and cash equivalents include €213 million of cash subject to restrictions at 31 December 2019 (€235 million at 31 December 2018) (see note 1.3.25).
Current and non-current financial liabilities break down as follows:
| 31/12/2019 | 31/12/2018 | |||||
|---|---|---|---|---|---|---|
| (in millions of euros) | Non-current | Current | Total | Non-current | Current | Total |
| Loans and other financial liabilities | Loans and other financial liabilities 31/12/2019 56,306 | Loans and other financial liabilities 31/12/2018 11,074 | 67,380 | 50,901 | 8,287 | 59,188 |
| Negative fair value of derivatives held for trading | Negative fair value of derivatives held for trading 31/12/2019 - | Negative fair value of derivatives held for trading 31/12/2018 6,327 | 6,327 | - | 7,160 | 7,160 |
| Negative fair value of hedging derivatives | Negative fair value of hedging derivatives 31/12/2019 696 | Negative fair value of hedging derivatives 31/12/2018 1,134 | 1,830 | 1,228 | 1,720 | 2,948 |
| FINANCIAL LIABILITIES | FINANCIAL LIABILITIES 31/12/2019 57,002 | FINANCIAL LIABILITIES 31/12/2018 18,535 | 75,537 | 52,129 | 17,167 | 69,296 |
