Company: SNY
Filing Date: 2025-02-13
Form Type: 20-F
Source: 0001121404-25-000010
Chunk: 400

Company: Sanofi
Filing Date: 2025-02-13
Form: 20-F
Chunk 400
---
   517 |
| Total                                                        | 3,826 | 3,455 | 3,532 |

(a) This line mainly comprises advance payments to suppliers, and receivables relating to Sanofi's activities as agent under a transitional services

agreement.

(b) This item mainly comprises bank loans and receivables maturing in less than one year with high-grade counterparties .

| SANOFIFORM 20-F2024 | F-49 |

| NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS |

D.12. Financial assets and liabilities measured at fair value

Under IFRS 7 (Financial Instruments: Disclosures), fair value measurements must be classified using a fair value hierarchy with the

following levels:

• level 1: quoted prices in active markets for identical assets or liabilities (without modification or repackaging);

• level 2: quoted prices in active markets for similar assets and liabilities, or valuation techniques in which all important inputs are

derived from observable market data; and

• level 3: valuation techniques in which not all important inputs are derived from observable market data.

The valuation techniques used are described in Note B.8.5.

The table below shows the balance sheet amounts of assets and liabilities measured at fair value.

|                                                                                   |               |                             2024 |         |         |                             2023 |         |         |                             2022 |         |         |
|                                                                                   |               | Level in the fair valuehierarchy |         |         | Level in the fair valuehierarchy |         |         | Level in the fair valuehierarchy |         |         |
| (€ million)                                                                       | Note          |                          Level 1 | Level 2 | Level 3 |                          Level 1 | Level 2 | Level 3 |                          Level 1 | Level 2 | Level 3 |
| Financial assets measured at fair value                                           |               |                                  |         |         |                                  |         |         |                                  |         |         |
| Quoted equity investments                                                         | D.7.1.        |                              467 |       — |       — |                              470 |       — |       — |                              387 |       — |       — |
| Unquoted equity investments                                                       | D.7.1.        |                                — |       — |   1,092 |                                — |       — |     618 |                                — |       — |     549 |
| Quoted debt securities                                                            | D.7