72. Derivatives
About this
Report
Chairman's
Foreword
Management Report Appendices
Corporate
Governance
Consolidated Financial
Statements
Company Financial
Statements
The notes to the derivatives are included below.
Amounts in millions of euros
2018
2017
Assets
This item can be broken down as follows:
Derivative contracts with third parties
22,393
25,747
Derivative contracts with group companies
2,859
3,200
Total derivatives
25,252
28,947
Liabilities
This item can be broken down as follows:
Derivative contracts with third parties
23,794
28,025
Derivative contracts with group companies
431
436
Total derivatives
24,225
28,461
The table belowshowsthe notional amountsandthe positiveand
negative fair values of Rabobank's derivative contracts with third
parties.
Amounts in millions of euros
Balance on December 31,2018
Derivatives held for trading
Interest rate contracts
OTC
Listed
Currency contracts
OTC
Listed
Credit derivatives
Other contracts
OTC
Listed
Derivatives designated as hedging
instrument
Derivatives designated as hedging instrument
in fair value hedges
Interest rate contracts
Currency contracts
Notional
amounts
Fair values
Assets Liabilities
2,984,214 15,165 13,319
2,894,546 15,164 13,319
89,668 1
388,586 3,917 5,068
388,586 3,917 5,068
1,071
3,629 251
3,629 251
224
224
114,455
3,052
5,169
105,633
1,621
4,684
8,822
1,431
485
86
Derivatives designated as hedging
instrument in cash flow hedges
Currency contracts 86
Total derivative contracts with third parties 3,492,041
12
12
22,393 23,794
Amounts in millions of euros
Balance on December 31,2017
Derivatives held for trading
Interest rate contracts
OTC
Listed
Notional
amounts
2,496,409
2,447,319
49,090
Fair values
Assets Liabilities
17,882
17,882
16,819
16,819
Currency contracts
OTC
Listed
338,889 3,550 4,037
338,889 3,550 4,037
Credit derivatives
1,580
Other contracts
OTC
Listed
2,307
2,307
123
123
221
221
Derivatives designated as hedging
instrument
Derivatives designated as hedging instrument
in fair value hedges
Interest rate contracts
Currency contracts
111,867 3,893 5,673
58,129
53,738
2,361
1,532
5,668
5
4,777
Derivatives designated as hedging
instrument in cash flow hedges
Currency contracts 4,777
Total derivative contracts with third parties 2,955,829
299 1,271
299
25,747
1,271
28,025
Annual Report 2018 - Company Financial Statements
226