14 Results from financial transactions

The movement for results from financial transactions can be mainly explained by changes in valuations for derivatives and FX results. This movement is primarily driven by changes in cross currency basis spreads and yield curves of various underlying currencies (e.g. USD, EUR, AUD). 

 

June 30, 2022

June 30, 2021

Gain/(losses) on remeasurement on valuation of hedged items

256,586

62,554

Gain/(losses) on remeasurement of hedging instruments

-251,557

-61,930

Result on hedge accounting

5,029

624

Result on sale and valuation of treasury derivatives not under hedge accounting

30,610

7,110

Result on sale and valuation of derivatives related to asset portfolio

-5,328

-3,753

Result on sale and valuation of loans at FVPL

-13,439

-5,061

Result on financial instruments mandatory at FVPL

11,842

-1,704

Foreign exchange results Loans at FVPL

39,125

13,078

Foreign exchange results Derivatives

21,789

20,723

Foreign exchange results on other financial assets/liabilities

-65,777

-35,812

Foreign exchange results

-4,863

-2,011

Other financial results

-483

361

Total result from financial transactions

11,524

-2,729