About this
Report
Chairman's
Foreword
Management Report Appendices
Corporate
Governance
Consolidated Financial
Statements
Company Financial
Statements
Notional Amount and Fair Values of Derivatives
On December 31,2018 On December 31,2017
Amounts in millions of euros Notional amounts Fair values Notional amounts Fair values
Assets Liabilities Assets Liabilities
Derivatives held for trading 3,395,342 19,379 18,745 2,851,309 21,109 21,158
Derivatives designated as hedging
instrument
Total derivatives
114,541
3,509,883
3,281
22,660
5,182
23,927
116,644
2,967,953
4,396
25,505
6,945
28,103
Derivatives held for trading
Currency derivatives
Currency swaps
Currency options - purchased and
sold
Listed tradeable contracts
Currency futures
Total currency derivatives
388,686
3,437
5,582
296
398,001
3,949
47
7
4,003
5,116
30
6
8
5,160
336,792
3,694
3,718
241
344,445
3,556
29
2
2
3,589
4,021
48
3
4
4,076
Interest rate derivatives
OTC interest rate swaps
OTC interest rate options
Listed interest rate swaps
Total interest rate derivatives
2,828,432
72,417
91,454
2,992,303
12,908
2,212
1
15,121
11,108
2,238
1
13,347
2,375,700
77,409
49,676
2,502,785
14,800
2,593
1
17,394
14,088
2,758
16,846
Credit derivatives
Equity instruments/index
derivatives
Other derivatives
Total derivatives held for trading
1,071
3,967
3,395,342
253
19,379
2
1
235
18,745
1,580
63
2,436
2,851,309
118
21,109
4
7
225
21,158
Derivatives designated as
hedging instrument
Derivatives designated as hedging
instrument in fair value hedges
Interest rate swaps and cross-
currency interest rate swaps
Derivatives designated as hedging
instrument in cash flow hedges
Currency swaps and cross-currency
interest rate swaps
Derivatives designated as hedging
instrument as net investment
hedges
Currency futures contracts
Total derivatives designated as
hedging instrument
108,606
5,848
114,541
3,243
32
3,281
3,463
1,706
5,182
110,033
4,777
1,834
116,644
4,128
(31)
4,396
5,674
1,271
6,945
Annual Report 2018 - Consolidated Financial Statements
183
