CFM INDOSUEZ Wealth Management - 2019 annual report

105 Macro-hedges at 31/12/2019 (in thousands of euros) Book value Cumulative fair value revaluations related to hedging to be carried forward on terminated hedges Debt instruments recognised at fair value through other comprehensive income recyclable to income Debt instruments recognised at amortised cost 1,120 Total - Assets 0 1,120 Debt instruments recognised at amortised cost 1,039,151 19,864 Total - Liabilities 1,039,151 20,984 Macro-hedges at 31/12/2018 (in thousands of euros) Book value Cumulative fair value revaluations related to hedging to be carried forward on terminated hedges Debt instruments recognised at fair value through other comprehensive income recyclable to income Debt instruments recognised at amortised cost 2,345 Total - Assets 2,345 Debt instruments recognised at amortised cost 950,691 13,126 Total - Liabilities 950,691 13,126 The fair value of the hedged portions of fair value macro-hedged financial instruments is recorded in the item “Revaluation differences on portfolios hedged against interest rate risk” in the balance sheet. Changes in the fair value of hedged portions of fair value macro-hedged financial instruments are recognised in “Net gains or losses on financial instruments at fair value through profit or loss” in the income statement. G a i n s a n d l o s s e s f r o m h e d g e a c c o u n t i n g a t 3 1 / 1 2 / 2 0 1 9 Net income (gains and losses from hedge accounting) (in thousands of euros) Change in fair value of hedging instruments (including hedge terminations) Change in fair value of hedged items (including hedge terminations) Ineffective portion of hedging Interest rates 8,179 -8,179 Currencies Other Total 8,179 -8,179 0 G a i n s a n d l o s s e s f r o m h e d g e a c c o u n t i n g a t 3 1 / 1 2 / 2 0 1 8 Net income (gains and losses from hedge accounting) (in thousands of euros) Change in fair value of hedging instruments (including hedge terminations) Change in fair value of hedged items (including hedge terminations) Ineffective portion of hedging Interest rates -1,865 1,865 0 Currencies 0 0 0 Other Total -1,865 1,865 0 Annual Financial Statements 2019