The ATP Group Annual Report 2012
The ATP Group Annual Report 2012
The ATP Group Annual Report 2012
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Management's Review Business Model Risk Pension Hedging and Investment Hedging Investment Administration Social Responsibility <strong>The</strong> <strong>ATP</strong> <strong>Group</strong> Financial StatementsNote 17 Financial derivatives, continuedDKK million <strong>2012</strong> 2011<strong>Group</strong> Fair value Fair valuePrincipal Positive Negative Principal Positive NegativeUnsettled forward-exchange transactions for the hedging of foreign-currency investments, calculated as contractual principals.Foreign-exchange contractsUSDPurchased under forward contracts 6,380 8 (117) 21,392 193 (270)Sold under forward contracts 0 0 0 0 0 0Total 6,380 8 (117) 21,392 193 (270)EurosPurchased under forward contracts 70,942 1,039 (27) 65,905 1 (2,227)Sold under forward contracts 0 0 0 0 0 0Total 70,942 1,039 (27) 65,905 1 (2,227)OtherPurchased under forward contracts 93,788 699 (225) 43,299 15 (1,145)Sold under forward contracts 0 0 0 0 0 0Total 93,788 699 (225) 43,299 15 (1,145)Total forward contractsPurchased under forward contracts 171,110 1,746 (369) 130,596 209 (3,642)Sold under forward contracts 0 0 0 0 0 0Total 171,110 1,746 (369) 130,596 209 (3,642)Total, <strong>Group</strong> 1,288,821 85,232 (46,854) 1,258,163 82,113 (41,092)Positive fair values are included in assets 85,232 82,113Negative fair values are included in liabilities (46,854) (41,092)<strong>The</strong> <strong>ATP</strong> <strong>Group</strong> – <strong>Annual</strong> <strong>Report</strong> <strong>2012</strong>96
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