105 TOTAL GAINS (LOSSES) FROM HEDGE ACCOUNTING 31/12/2022 31/12/2021 Net income (gains and losses from hedge accounting) Net income (gains and losses from hedge accounting) Change in fair value of hedging instruments (including discontinued hedges) Change in fair value of hedged items (including discontinued hedges) Ineffective portion of hedging Change in fair value of hedging instruments (including discontinued hedges) Change in fair value of hedged items (including discontinued hedges) Ineffective portion of hedging Interest rate -33804 33,877 73 -9686 9,687 1 Currencies Other Total -33804 33,877 73 -9686 9,687 1 CASH FLOW HEDGES AND HEDGES OF NET INVESTMENTS IN FOREIGN OPERATIONS HEDGING DERIVATIVE INSTRUMENTS ` (in thousands of euros) 31/12/2022 31/12/2021 Book value Changes in fair value over the period (including discontinued hedges during the period) Notional amount Book value Changes in fair value over the period (including discontinued hedges during the period) Notional amount Assets Liabilities Assets Liabilities Cash flow hedges Organised and over-the-counter markets 2,312 5,936 238 1,112,537 82 547 -76 445,825 Interest rate 413 Currencies 2,312 5,936 238 1,112,537 82 547 -76 445,412 Other Total cash flow micro-hedges 2,312 5,936 238 1,112,537 82 547 -76 445,825 Hedging the cash flow exposure of a portfolio of financial instruments to interest rate risk 15,881 -15131 134,000 2,491 1,507 -3735 139,380 Cash flow hedging of the currency risk exposure of a portfolio of financial instruments Total cash flow macro-hedges 0 15,881 -15131 134,000 2,491 1,507 -3735 139,380 Total cash flow hedges 2,312 21,817 -14893 1,246,537 2,573 2,054 -3811 585,205 Hedges of net investments in foreign operations Changes in the fair value of hedging derivatives are recognised as gains or losses under “Other comprehensive income” except for the ineffective portion of the hedging relationship which is recognised under “Net gains (losses) on financial instruments at fair value through profit or loss” in the Income Statement.
RkJQdWJsaXNoZXIy NzMxNTcx