FINANCIAL REPORT 2016
2.5.2. MARKET RISK Management of these financial risk positions is centralised at the Foreign exchange Cash Department in CACEIS Bank. 2.5.2.1. Derivative instruments: analysis by remaining maturity 2.5.2.1.1. Hedging derivative instruments – fair value of assets
31.12.2016
31.12.2015
Exchange-traded
Over-the-counter
Total market value
Total market value
> 1 year ≤ 5 years > 5 years
> 1 year ≤ 5 years > 5 years
(in thousands of euros)
≤ 1 year
≤ 1 year
INTEREST RATE INSTRUMENTS:
0
0
0 1905
0 9059 10964
18180
• Interest rate swaps
1905
9059 10964
18180
TOTAL
0
0
0 1905
0 9059 10964
18180
2.5.2.1.2. Hedging derivative instruments – fair value of liabilities
31.12.2016
31.12.2015
Exchange-traded
Over-the-counter
Total market value
Total market value
> 1 year ≤ 5 years > 5 years
> 1 year ≤ 5 years > 5 years
(in thousands of euros)
≤ 1 year
≤ 1 year
INTEREST RATE INSTRUMENTS:
0
0
0 18990 102757 106272 228019
99567
• Interest rate swaps
18990 102757 106272 228019
99567
TOTAL
0
0
0 18990 102757 106272 228019
99567
2.5.2.1.3. Derivative instruments held for trading – fair value of assets
31.12.2016
31.12.2015
Exchange-traded
Over-the-counter
Total market value
Total market value
> 1 year ≤ 5 years > 5 years
> 1 year ≤ 5 years > 5 years
(in thousands of euros)
≤ 1 year
≤ 1 year
INTEREST RATE INSTRUMENTS:
0
0
0
0
0
0
0
0
• Interest rate swaps CURRENCY AND GOLD: • Currency options
0
0
0
0
0
0
0
0
OTHER:
0
0
0
465
221
6
692
7
• Equity and index derivatives
458
221
6
685
• Commodities derivatives
7
7
7
SUBTOTAL
0
0
0
465
221
6
692
7
• Forward currency transactions
404060
95
404155 339035
TOTAL
0
0
0 404525
316
6 404847 339042
22
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