Annual Financial Statements 2011 of Bank Austria

Consolidated Financial Statements in accordance with IFRSs
C – Notes to the statement of financial position (CoNTINuED)
C.3 – Financial assets at fair value through profit or loss
fair Value
leVel 1
fair Value
leVel 2
This item shows assets in respect of which Bank Austria used the option to designate financial instruments as at fair value through profit or loss in
order to avoid inconsistencies in the valuation of assets and liabilities which are connected with each other. Most of these assets are complex structures
with embedded derivatives.
Financial assets at fair value through profit or loss: annual changes (€ m)
debt securities
equity
iNstrumeNts
2011
uNits iN
iNVestmeNt
fuNds lOaNs tOtal
Opening balance 131 15 158 – 304
increases 5 – 20 – 24
Purchases 1 – 9 – 10
Positive changes in fair value 2 – 9 – 11
Other increases 2 – 1 – 3
decreases –44 –15 –55 – –113
Sales –4 – –9 – –13
Redemptions –32 –15 –42 – –89
Negative changes in fair value –7 – –2 – –9
Other decreases –1 – –2 – –3
clOsiNg balaNce 92 0 122 – 214
C.4 – Available-for-sale financial assets
31 dec. 2011 31 dec. 2010
fair Value
leVel 3 tOtal
fair Value
leVel 1
fair Value
leVel 2
Bank Austria · Annual Financial Statements 2011
(€ m)
fair Value
leVel 3 tOtal
Debt securities 11 45 36 92 12 73 46 131
Structured securities – – – – – – – –
Other debt securities 11 45 36 92 12 73 46 131
Equity instruments – – – – 15 – – 15
Units in investment funds 15 – 106 122 – – 157 158
Loans – – – – – – – –
Structured – – – – – – – –
Other – – – – – – – –
tOtal 26 45 143 214 27 73 204 304
cOst 23 45 143 211 27 73 201 301
fair Value
leVel 1
fair Value
leVel 2
31 dec. 2011 31 dec. 2010
fair Value
leVel 3 tOtal
fair Value
leVel 1
fair Value
leVel 2
(€ m)
fair Value
leVel 3 tOtal
Debt securities 5,464 6,876 1,449 13,789 4,844 10,441 1,606 16,892
Structured securities – 24 419 443 – 1 419 420
Other 5,464 6,852 1,030 13,346 4,844 10,440 1,187 16,472
Equity instruments 45 15 623 684 53 113 295 461
Measured at fair value 45 15 594 655 53 113 256 421
Carried at cost – – 29 29 – – 40 40
Units in investment funds 31 87 86 205 11 99 81 191
Loans – – – – – – – –
tOtal 5,540 6,979 2,158 14,677 4,908 10,654 1,982 17,544
109