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 provides a breakdown of the carrying amounts of the financial assets and financial liabilities by category as defined by balance sheet heading.

December 31, 2019

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

926,769

-

-

-

446,708

-

1,373,477

Derivative financial instruments

157,177

-

144,060

-

-

-

301,237

Loans to the private sector

696,513

-

-

-

-

-

696,513

Equity investments

1,756,644

-

-

122,921

-

-

1,879,565

Total

3,537,103

-

144,060

122,921

446,708

-

4,250,792

Financial assets not measured at fair value

       

Banks

-

-

-

-

64,626

-

64,626

Current accounts with state funds and other programs

-

-

-

-

1,194

-

1,194

Interest-bearing securities

-

-

-

-

350,237

-

350,237

Loans to the private sector

-

-

-

-

4,334,109

-

4,334,109

Current tax receivables

-

-

-

-

46,484

-

46,484

Other receivables

-

-

-

-

25,824

-

25,824

Total

-

-

-

-

4,822,474

-

4,826,474

Financial liabilities measured at fair value

       

Derivative financial instruments

244,447

-

12,724

-

-

-

257,171

Total

244,447

-

12,724

-

-

-

257,171

Financial liabilities not measured at fair value

       

Short-term credits

-

-

-

-

94,339

-

94,339

Debentures and notes

-

-

-

-

2,035,002

3,773,180

5,808,182

Current accounts with state funds and other programs

-

-

-

-

2,832

-

2,832

Accrued liabilities

-

-

-

-

22,983

-

22,983

Other liabilities

-

-

-

-

43,959

-

43,959

Total

-

-

-

-

2,199,115

3,773,180

5,972,295

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

3,119,044

-

75,221

77,553

-

-

3,271,818

Financial assets not measured at fair value

       

Banks

-

-

-

-

54,642

-

54,642

Current accounts with state funds and other programs

-

-

-

-

494

-

494

Interest-bearing securities

-

-

-

-

402,380

-

402,380

Loans to the private sector

-

-

-

-

4,085,022

-

4,085,022

Current tax receivables

-

-

-

-

10,192

-

10,192

Other receivables

-

-

-

-

20,597

-

20,597

Total

-

-

-

-

4,573,327

-

4,573,327

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

Accrued liabilities

-

-

-

-

10,086

-

10,086

Other liabilities

-

-

-

-

1,331

-

1,331

Total

-

-

-

-

2,534,427

2,697,095

5,231,522