The fair value of a financial instrument is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date.
The fair values and carrying amounts of financial assets categorized as loans and receivables and available for sale securities as well as of financial liabilities for the considered reporting periods were as follows:
| 03/31/2016 | I. | II. | III. | IV. | V. | Fair Value | Level | ||||||||
| Assets | |||||||||||||||
| Non-current assets | |||||||||||||||
| Restricted cash | -- | -- | -- | 206 | -- | 206 | Level 1 | ||||||||
| Current assets | |||||||||||||||
| Bond funds | -- | -- | 29,730 | -- | -- | 29,730 | Level 1 | ||||||||
| Note receivable | -- | -- | 997 | -- | -- | 997 | Level 1 | ||||||||
| Cash and cash equivalents | -- | -- | -- | 1,589 | -- | 1,589 | Level 1 | ||||||||
| Liabilities | |||||||||||||||
| Non-current liabilities | |||||||||||||||
| Long-term debt | -- | -- | -- | -- | 492 | 470 | Level 2 | ||||||||
| Finance lease obligation | -- | -- | -- | -- | 642 | 599 | Level 2 | ||||||||
| Current liabilities | |||||||||||||||
| Bank overdraft | -- | -- | -- | -- | 294 | 294 | |||||||||
| Long-term debt | -- | -- | -- | -- | 208 | 206 | Level 2 | ||||||||
| Finance lease obligation | -- | -- | -- | -- | 529 | 553 | Level 2 | ||||||||
| 12/31/2015 | I. | II. | III. | IV. | V. | Fair Value | Level | ||||||||
| Assets | |||||||||||||||
| Non-current assets | |||||||||||||||
| Restricted cash | -- | -- | -- | 206 | -- | 206 | Level 1 | ||||||||
| Current assets | |||||||||||||||
| Customer loan | -- | -- | -- | 10 | -- | 10 | Level 2 | ||||||||
| Bond funds | -- | -- | 30,661 | -- | -- | 30,661 | Level 1 | ||||||||
| Note receivable | -- | -- | 1,075 | -- | -- | 1,075 | Level 1 | ||||||||
| Cash and cash equivalents | -- | -- | -- | 2,086 | -- | 2,086 | Level 1 | ||||||||
| Liabilities | |||||||||||||||
| Non-current liabilities | |||||||||||||||
| Long-term debt | -- | -- | -- | -- | 545 | 520 | Level 2 | ||||||||
| Finance lease obligation | -- | -- | -- | -- | 746 | 701 | Level 2 | ||||||||
| Current liabilities | |||||||||||||||
| Bank overdraft | -- | -- | -- | -- | 384 | 384 | |||||||||
| Long-term debt | -- | -- | -- | -- | 207 | 206 | Level 2 | ||||||||
| Finance lease obligation | -- | -- | -- | -- | 559 | 589 | Level 2 |
