13 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, 2025 |
June 30, 2024 |
|
|
Gains/(losses) on remeasurement on valuation of hedged items |
-80,336 |
18,104 |
|
Gains/(losses) on remeasurement of hedging instruments |
76,522 |
-17,309 |
|
Net result on hedge accounting |
-3,814 |
795 |
|
Result on sale and valuation of treasury derivatives not under hedge accounting |
-21,515 |
5,066 |
|
Result on sale and valuation of derivatives related to asset portfolio |
-276 |
-719 |
|
Result on sale and valuation of interest bearing securities at FVPL |
-4,371 |
-1,673 |
|
Result on sale and valuation of loans at FVPL |
682 |
7,012 |
|
Net result on financial instruments mandatory at FVPL |
-25,480 |
9,686 |
|
Foreign exchange results loans at FVPL |
-75,284 |
15,496 |
|
Foreign exchange results derivatives |
171,288 |
-56,594 |
|
Foreign exchange results on other financial assets/liabilities |
-85,754 |
43,336 |
|
Net foreign exchange results |
10,250 |
2,238 |
|
Other financial results |
-12 |
-135 |
|
Other changes |
23,170 |
-5,847 |
|
Other results from financial transactions |
23,158 |
-5,982 |
|
Net results from financial transactions |
4,114 |
6,737 |
'Other changes' in the current period relate majorly to the remeasurement of 'Other financial liabilities' for FMO's obligations to the public fund programs managed on behalf of the Dutch State. Refer to Note 4.6 for further details on the nature of 'Other financial liabilities'.