ourexpertise - Crédit Agricole CIB

4CONSOLIDATED FINANCIAL STATEMENTS10.1 Fair value of assets and liabilities valued on the basis ofamortised cost method€ millionBookvalue31.12.2010 31.12.2009EstimatedMarket valueBookvalueEstimatedMarket valueAssetsDue from banks 71,581 71,581 65,874 65,829Loans and advances to customers 157,667 156,962 149,033 147,878Held-to-maturity fi nancial assetsLiabilitiesDue to banks 75,339 75,339 69,474 69,474Customer accounts 143,489 143,489 122,836 122,836Debt securities in issue 61,925 61,907 64,005 64,027Subordinated debt 8,672 8,672 8,029 8,029In some cases, market values are close to book values. This isparticularly the case for:• fl oating-rate assets or liabilities where changes in interest rateshave no signifi cant infl uence on fair value, as the rates on theseinstruments are frequently adjusted to market rates;• fl oating-rate assets or liabilities where changes in interest rateshave no signifi cant infl uence on fair value, as the rates on theseinstruments are frequently adjusted to market rates;• sight liabilities;• transactions for which there are no reliable observable data.204SHELF-REGISTRATION DOCUMENT CRÉDIT AGRICOLE CIB 2010