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19 Other financial assets


In CHF million
  Loans and
receivables
  Available-
for-sale
  Valued
at fair value
 
Total
Balance at 31 December 2013   305   42   6   353
Additions   24   8     32
Disposals   (159)   (15)     (174)
Additions from business combinations   20   15     35
Change in fair value       5   5
Foreign currency translation adjustments   15       15
Balance at 31 December 2014, restated   205   50   11   266
Additions   21   17   61   99
Disposals   (33)   (19)     (52)
Additions from business combinations   4       4
Change in fair value     4   3   7
Foreign currency translation adjustments   (1)       (1)
Balance at 31 December 2015   196   52   75   323
Thereof other current financial assets   20   2   63   85
Thereof other non-current financial assets   176   50   12   238

Loans and receivables

As of 31 December 2015, term deposits totalled CHF 8 million (prior year: CHF 11 million). Financial assets as of 31 December 2015 in the amount of CHF 149 million were not freely available. These assets serve as security for bank loans.

Available-for-sale financial assets

Available-for-sale financial assets primarily include financial investments in equity instruments. Shares not quoted on stock exchanges are recorded at cost if their fair value cannot be reliably determined. As of 31 December 2015, the carrying amount of investments in shares recorded at cost totalled CHF 37 million (prior year: CHF 27 million).

Financial assets measured at fair value

Financial assets measured at fair value through profit and loss include quoted debt securities with a carrying amount of CHF 61 million (prior year: none) and a remaining term of less than one year. These financial assets were not freely available since the assets serve as collateral to secure off-balance liabilities arising from cross-border lease agreements. See Note 33. As at 31 December 2015, derivative financial instruments with a positive market value of CHF 14 million were recognised (prior year: CHF 11 million). Derivative financial instruments include forward foreign currency transactions, foreign currency swaps and interest rate swaps. See Note 33.