ourexpertise - Crédit Agricole CIB

PARENT-COMPANY STATEMENTS 5• NOTE 4: SECURITIES – ANALYSIS BY TYPE€ millionTradingsecuritiesAvailablefor-salesecurities31.12.2010 31.12.2009PortfoliosecuritiesHeld-tomaturitysecuritiesTreasury bills and similar items 26,066 7,452 33,518 43,242- of which premiums to be amortised (10) (10) (12)- of which discounts to be amortised 1 1 1Accrued interest 45 45 52ImpairmentNet book value 26,066 7,497 0 0 33,563 43,294Bonds and other fi xed-income securitiesIssued by public-sector entities 252 811 20 1,083 2,362Other issuers 31,180 8,416 7,665 47,261 43,941- of which premiums to be amortised (262) (2,501) (2,764) (2,957)- of which discounts to be amortised 19 5 24 16Accrued interest 74 12 86 110Impairment (271) (215) (486) (533)Net book value 31,432 9,030 0 7,482 47,944 45,880TotalTotalEquities and other variable-incomesecurities14,665 261 132 15,058 13,857Accrued interest 3Impairment (17) (52) (69) (90)Net book value 14,665 244 80 14,989 13,770Total 72,163 16,771 80 7,482 96,496 102,944Estimated value 72,163 17,100 109 5,935 95,307 102,4274.1 ReclassificationCrédit Agricole CIB carried out reclassifi cations of securitiesto 1 October 2008 as permitted by CRC regulation 2008-17.Information about these reclassifi cations is provided below. Therewere no additional reclassifi cations of securities in 2009 and 2010.• Reclassifi cations: type, reason and amount€ millionBook Value31.12.2010Total reclassified assetsEstimated marketvalue at 31.12.2010From «held-for-trading« to «held-to-maturity« 6,362 5,805Trading book securities transferred to investment securitiescorrespond to those securities that, at the date of the transfer,can no longer be traded on an active market and for which CréditAgricole CIB has changed its investment intention, which is nowto hold the fi nancial assets for the foreseeable future or untilmaturity. The inactive nature of the market is assessed primarilyon the basis of a signifi cant reduction in the trading volume andlevel of activity, and/or signifi cant disparity in available prices overtime and between various market operators.SHELF-REGISTRATION DOCUMENT CRÉDIT AGRICOLE CIB 2010 231