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 The ATP Group Financial StatementsNote 17 Financial derivatives, continuedDKK million 2012 2011Group 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, Group 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)The ATP Group – Annual Report 201296
Management's Review Business Model Risk Pension Hedging and Investment Hedging Investment Administration Social Responsibility The ATP Group Financial StatementsNote 17 Financial derivatives, continuedDKK million 2012 2011ATP Fair value Fair valuePrincipal Positive Negative Principal Positive NegativeInterest-rate contractsInterest-rate swaps 806,846 82,212 (44,720) 755,003 75,562 (34,430)806,846 82,212 (44,720) 755,003 75,562 (34,430)Interest-rate swaptions 190,627 968 (1,068) 224,829 3,911 (2,358)190,627 968 (1,068) 224,829 3,911 (2,358)Interest-rate futures, purchase 0 0 0 3,407 27 0Interest-rate futures, sale 102,576 18 (321) 106,889 0 (474)102,576 18 (321) 110,296 27 (474)Equity contractsEquity futures, purchase 150 0 0 33,449 2,397 0Equity futures, sale 150 2 0 0 0 0300 2 0 33,449 2,397 0Equity-indexed options, purchase 13,618 286 0 0 0 0Equity-indexed options, sale 0 0 0 0 0 013,618 286 0 0 0 0Inflation contractsInflation swaps 3,738 0 (376) 3,724 0 (188)Total return swaps 6 0 0 0 0 06 0 0 0 0 0The ATP Group – Annual Report 201297
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