Annual Report 2012

Notes to the financial statements(Expressed in millions of RMB, unless otherwise stated)63 Risk Management (continued)(2) Market risk (continued)(d) Currency riskThe Group’s foreign exchange exposure mainly comprises exposures that arise from the foreign currency portfolio within theTreasury Department’s proprietary investments, and currency exposures originated by the Group’s overseas businesses.The Group manages currency risk by spot and forward foreign exchange transactions and by matching its foreign currencydenominated assets with corresponding liabilities in the same currency, and also uses derivatives (principally foreign exchangeswaps and cross currency swaps) in the management of its own foreign currency asset and liability portfolios and structuralpositions.The currency exposures of the Group’s and the Bank’s assets and liabilities as at the end of the reporting period are as follows:Group2012NoteRMBUSD(RMBequivalent)Others(RMBequivalent)TotalAssetsCash and deposits with central banks 2,367,297 71,040 19,732 2,458,069Deposits and placements with banks andnon-bank financial institutions (i) 965,168 37,253 29,815 1,032,236Loans and advances to customers 6,776,966 362,894 170,019 7,309,879Investments 2,791,334 26,502 51,178 2,869,014Other assets 218,268 18,729 66,633 303,630Total assets 13,119,033 516,418 337,377 13,972,828LiabilitiesBorrowings from central banks 419 5,789 73 6,281Deposits and placements from banks andnon-bank financial institutions (ii) 859,782 143,732 96,589 1,100,103Financial liabilities at fair value through profit or loss 32,214 2,077 2,960 37,251Deposits from customers 10,943,649 210,074 189,356 11,343,079Debt securities issued 200,704 41,251 21,036 262,991Other liabilities 243,440 4,881 25,193 273,514Total liabilities 12,280,208 407,804 335,207 13,023,219Net position 838,825 108,614 2,170 949,609Net notional amount of derivatives 25,805 (81,825) 56,931 911190 China Construction Bank Corporation annual report 2012