4.3 NET GAINS OR LOSSES ON FINANCIAL INSTRUMENTS AT FAIR VALUE THROUGH PROFIT OR LOSS (in thousands of euros) 31/12/2023 31/12/2022 Dividends received Unrealised or realised gains or losses on assets/liabilities held for trading 670 2,083 Unrealised or realised gains or losses on equity instruments at fair value through profit or loss Unrealised or realised capital gains or losses on debt instruments that do not meet SPPI criteria 46 -528 Unrealised and realised gains and losses on other debt instruments at fair value through profit or loss by nature Net gains or losses on assets representing unit-linked policies Unrealised or realised gains or losses on assets/liabilities at fair value through profit or loss under option (1) Balance of foreign exchange transactions and similar financial instruments (excluding gains or losses from hedges of net investments in foreign operations) 45,998 16,675 Total gains (losses) from hedge accounting -2 73 Net gains (losses) on financial instruments at fair value through profit or loss 46,712 18,303 (1) Excluding issuer credit spread for liabilities at fair value through profit or loss under option (unless the standard allows for an exception to eliminate or reduce a mismatch in the income statement). The breakdown of gains and losses from hedge accounting is as follows: 31/12/2023 31/12/2022 (in thousands of euros) Profits Losses Net Profits Losses Net Fair value hedges 23,164 -23,166 -2 56,173 -56,100 73 Changes in the fair value of hedged items attributable to hedged risks 22,932 -258 22,674 332 -55,841 -55,509 Changes in the fair value of hedging derivatives (including discontinued hedges) 232 -22,908 -22,676 55,841 -259 55,582 Cash flow hedges 0 0 0 0 0 0 Changes in the fair value of hedging derivatives - ineffective portion Hedges of net investments in foreign operations 0 0 0 0 0 0 Changes in the fair value of hedging derivatives - ineffective portion Fair value hedging of the interest rate risk exposure of a portfolio of financial instruments 45,704 -45,704 0 89,554 -89,554 0 Changes in fair value of hedged items 36 -45,668 -45,632 89,470 -84 89,386 Changes in fair value of hedging derivatives 45,668 -36 45,632 84 -89,470 -89,386 Hedging the cash flow exposure of a portfolio of financial instruments to interest rate risk 0 0 0 0 0 0 Changes in the fair value of the hedging instrument - ineffective portion Total gains and losses from hedge accounting 68,868 -68,870 -2 145,727 -145,654 73 Details of gains (losses) from hedge accounting by type of relationship (fair value hedges, cash flow hedges, etc.) are presented in Note 3.5 “Hedge accounting”. CFM Indosuez Wealth Management 112
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