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, 2020

FVPL - mandatory

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

302,547

-

-

994,814

-

1,297,361

Derivative financial instruments

254,980

207,289

-

-

-

462,269

Loans to the private sector

585,716

-

-

-

-

585,716

Equity investments

1,688,437

-

115,504

-

-

1,803,941

Total

2,831,680

207,289

115,504

994,814

-

4,149,287

Financial assets not measured at fair value

      

Banks

-

-

-

46,775

-

46,775

Current accounts with state funds and other programs

-

-

-

678

-

678

Interest-bearing securities

-

-

-

371,076

-

371,076

Loans to the private sector

-

-

-

4,172,748

-

4,172,748

Current tax receivables

-

-

-

-

-

-

Other receivables

-

-

-

17,370

-

17,370

Total

-

-

-

4,608,647

-

4,608,647

Financial liabilities measured at fair value

      

Derivative financial instruments

129,228

364

-

-

-

129,592

Total

129,228

364

-

-

-

129,592

Financial liabilities not measured at fair value

      

Short-term credits

-

-

-

341,199

-

341,199

Debentures and notes

-

-

-

1,470,480

4,015,469

5,485,949

Current accounts with state funds and other programs

-

-

-

214

-

214

Accrued liabilities

-

-

-

429

-

429

Other liabilities

-

-

-

42,203

-

42,203

Total

-

-

-

1,854,525

4,015,469

5,869,994

December 31, 2019

FVPL - mandatory

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

-

4,822,474

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