Annual Accounts and Report as at 30 June 2011 Draft - Mediobanca

2.3 Financial assets held for trading: derivative productsDebt securities Equities UCITS unitsLoans andadvancesTotalA. Balance at start of period 9,277,558 1,069,244 349,014 — 10,695,816B. Additions 25,462,030 8,341,740 31,221 — 33,834,991B.1 Acquisitions 25,051,521 8,179,214 28,555 — 33,259,290B.2 Increases in fair value 43,953 19,098 2,512 — 65,563B.3 Other additions 366,556 143,428 154 — 510,138C. Reductions 29,924,715 7,696,765 11,872 — 37,633,352C.1 Disposals 23,371,352 7,543,212 11,814 — 30,926,378C.2 Redemptions 6,403,841 — — — 6,403,841C.3 Reductions in fair value 77,317 78,175 51 — 155,543C.4 Transfers to other portfolios — — — — —C.5 Other reductions 72,205 75,378 7 — 147,590D. Balance at end of period 4,814,873 1,714,219 368,363 — 6,897,455Section 4Heading 40: Available for sale (AFS) securities4.1 AFS securities: composition30/6/11 30/6/10Item/valueLevel 1 Level 2 Level 3 * Level 1 Level 2 Level 3 *1. Debt securities 4,591,176 462,333 1 3,143,354 583,934 —1.1 Structured — — — — — —1.2 Other debt securities 4,591,176 462,333 1 3,143,354 583,934 —2. Equities 558,185 — 994,837 396,359 64,879 1,024,7662.1 Recognized at fair value 558,185 — 994,837 396,359 64,879 1,024,7662.2 Recognized at cost — — — — — —3. UCITS units — — 78,142 — — 23,8894. Loans and advances — — — — — —Total 5,149,361 462,333 1,072,980 3,539,713 648,813 1,048,655* Includes shares in non-listed companies based on internal rating models.310 –