NIB - 4. Net profit/loss on financial operations

Nordic Investment Bank – Annual Report 2010

Download full report | Text size A A A | Home

Tools Tools

Material bank
Download page (PDF)

Share this:

Email Facebook LinkedIn Twitter

(4) NET PROFIT/LOSS ON FINANCIAL OPERATIONS

Net profit/loss on financial operations included in profit or loss for the period in the table below are presented in the statement of comprehensive income as follows:

(Amounts in EUR 1,000)	2010	2009
Bonds in trading portfolio, realised gains and losses	4,077	3,952
Floating Rate Notes in trading portfolio, realised gains and losses	2,224	-5,066
Derivatives in trading portfolio, realised gains and losses	-5,717	1,892
Financial instruments in trading portfolio, realised gains and losses, total	584	777
Bonds in trading portfolio, unrealised gains and losses ¹	164	6,379
Floating Rate Notes in trading portfolio, unrealised gains and losses ³	22,698	120,598
Derivatives in trading portfolio, unrealised gains and losses ²	3,735	8,501
Commercial paper in trading portfolio, unrealised gains and losses ¹	-171	264
Financial instruments in trading portfolio, unrealised gains and losses, total	26,427	135,742
Adjustment in fair value of hedged loans ²	48,331	-892
Adjustment in fair value of derivatives hedging loans ²	-47,676	-1,839
Adjustment in fair value of hedged debts evidenced by certificates ²	-485,373	325,607
Adjustment in fair value of derivatives hedging debts evidenced by certificates ²	489,746	-285,215
Adjustment to hedge accounting, unrealised gains and losses of fair value hedges, total	5,029	37,661
Repurchase of NIB bonds, other items	7,277	3,574
Total, net profit/loss on financial operations	39,317	177,754

¹ Fair value is determined according to market quotes for identical instruments (Level 1).

² Fair value adjustment is determined using valuation techniques with observable market inputs (Level 2).

³ The fair value adjustments are mainly determined using market quotes for identical instruments (Level 1). Regarding the fair value measurements of treasury claims, these have been determined using valuation techniques with unobservable market inputs (Level 3).

Back to the top