Note 24 - Categories of financial assets and financial liabilities

Shares, sertificates, bonds and derivatives are classified at fair value through profit/loss.

All financial instruments classified at fair value through profit/loss are measured at fair value, and any change in value from the opening balance is recognised as gain or losses from other financial investments. Financial assets held for trading purposes are characterised by the fact that instruments in the portfolio are traded frequently and that positions are established with the aim of short-term gain. Other such financial assets at fair value through profit or loss are investments which, on initial recognition, are designated at fair value through profit or loss.

Financial derivatives are presented as assets when fair value is positive, and as liabilities when fair value is negative.

Group Financial instruments at fair value through profit or loss Financial instruments at fair value through other comprehensive income Financial instruments measured at amortised cost Total
31 Dec 2023 (NOKm) Designated as such upon initial recognition Mandatorily Held for trading
Assets            
Cash and receivables from central banks - - - - 1,172 1,172
Deposits with and loans to credit institutions - - - - 8,746 8,746
Loans to and receivables from customers 5,582 - - 92,263 71,110 168,955
Shares, units and other equity interests - 774 363 - - 1,137
Fixed-income CDs and bonds -   34,163 - - 34,163
Derivatives 744 - 5,915 - - 6,659
Earned income not yet received - - - - 153 153
Accounts receivable, securities - - - - 66 66
Total financial assets 6,326 774 40,441 92,263 81,247 221,051
             
Liabilities            
Deposits from credit institutions  - - - - 13,160 13,160
Deposits from and debt to customers - - - - 132,888 132,888
Debt created by issue of securities - - - - 45,830 45,830
Derivatives 1,630 - 5,359 - - 6,989
Subordinated loan capital - - - - 2,247 2,247
Lease liabilities - - - - 403 403
Debt from securities - - - - -15 -15
Total financial liabilities  1,630 - 5,359 - 194,512 201,501
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Group Financial instruments at fair value through profit or loss Financial instruments at fair value through other comprehensive income Financial instruments measured at amortised cost Total
31 Dec 2022 (NOKm) Designated as such upon initial recognition Mandatorily Held for trading
Assets            
Cash and receivables from central banks - - - - 1,171 1,171
Deposits with and loans to credit institutions - - - - 11,663 11,663
Loans to and receivables from customers 4,708 - - 81,901 64,940 151,549
Shares, units and other equity interests - 700 140 - - 840
Fixed-income CDs and bonds - 38,073 - - - 38,073
Derivatives 294 - 6,510 - - 6,804
Earned income not yet received - - - - 104 104
Accounts receivable, securities - - - - 262 262
Total financial assets 5,002 38,773 6,649 81,901 78,140 210,465
             
Liabilities            
Deposits from credit institutions  - - - - 14,636 14,636
Deposits from and debt to customers - - - - 122,010 122,010
Debt created by issue of securities - - - - 47,474 47,474
Derivatives 2,368 - 5,939 - - 8,307
Subordinated loan capital - - - - 2,058 2,058
Lease liabilities - - - - 339 339
Debt from securities - - - - 176 176
Total financial liabilities  2,368 - 5,939 - 186,693 195,000
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Annual report and notes

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