Analysis of financial assets and liabilities by measurement basis

The significant accounting policies summary describes how the classes of financial instruments are measured, and how income and expenses, including fair value gains and losses, are recognized. The following table gives a breakdown of the carrying amounts of the financial assets and financial liabilities by category as defined in under IFRS 9 and by balance sheet heading.

IFRS 9 December 31, 2018	FVPL - mandatory	FVPL-designated	Fair value hedging instruments	FVOCI-equity instruments	Amortized cost	Financial liabilities used as hedged items	Total
Financial assets measured at fair value
Short-term deposits	756,216	-	-	-	-	-	756,216
Derivative financial instruments	-	172,602	75,221	-	-	-	247,823
Loans to the private sector	685,799	-	-	-	-	-	685,799
Equity investments	1,504,427	-	-	77,553	-	-	1,581,980
Total	2,946,442	172,602	75,221	77,553	-	-	3,271,818
Financial assets not measured at fair value
Banks	-	-	-	-	54,642	-	54,642
Short-term deposits	-	-	-	-	391,635	-	391,635
Interest-bearing securities	-	-	-	-	402,380	-	402,380
Loans to the private sector	-	-	-	-	4,085,022	-	4,085,022
Current accounts with state funds and other programs	-	-	-	-	494	-	494
Other receivables	-	-	-	-	20,597	-	20,597
Total	-	-	-	-	4,954,770	-	4,954,770
Financial liabilities measured at fair value
Derivative financial instruments	-	210,209	6,965	-	-	-	217,174
Total	-	210,209	6,965	-	-	-	217,174
Financial liabilities not measured at fair value
Short-term credits	-	-	-	-	76,051	-	76,051
Debentures and notes	-	-	-	-	2,442,786	2,697,095	5,139,881
Current accounts with state funds and other programs	-	-	-	-	4,173	-	4,173
Other liabilities	-	-	-	-	1,331	-	1,331
Accrued liabilities	-	-	-	-	10,086	-	10,086
Total	-	-	-	-	2,534,427	2,697,095	5,231,522

IAS 39 December 31, 2017	Held for trading	Designated as at FVPL	Loans and receivables and financial liabilities at AC	Available for sale	Financial liabilities used as hedged items	Fair value hedging instruments	Total
Financial assets measured at fair value
Short-term deposits	-	1,544,089	-	-	-	-	1,544,089
Interest-bearing securities	-	-	-	364,905	-	-	364,905
Derivative financial instruments	222,015	-	-	-	-	60,492	282,507
Equity investments	-	-	-	1,502,833	-	-	1,502,833
Total	222,015	1,544,089	-	1,867,738	-	60,492	3,694,334
Financial assets not measured at fair value
Banks	-	-	71,763	-	-	-	71,763
Interest-bearing securities	-	-	-	-	-	-	-
Loans to the private sector	-	-	4,200,948	-	-	-	4,200,948
Current accounts with state funds and other programs	-	-	274	-	-	-	274
Other receivables	-	-	117,217	-	-	-	117,217
Total	-	-	4,390,202	-	-	-	4,390,202
Financial liabilities measured at fair value
Derivative financial instruments	161,246	-	-	-	-	12,455	173,701
Total	161,246	-	-	-	-	12,455	173,701
Financial liabilities not measured at fair value
Short-term credits	-	-	125,935	-	-	-	125,935
Debentures and notes	-	-	2,602,676	-	2,520,470	-	5,123,146
Current accounts with state funds and other programs	-	-	182	-	-	-	182
Other liabilities	-	-	2,143	-	-	-	2,143
Accrued liabilities	-	-	8,586	-	-	-	8,586
Total	-	-	2,739,522	-	2,520,470	-	5,259,992