12 Results from financial transactions
|
June 30, 2026 |
June 30, 2025 |
|
|
Gains/(losses) on remeasurement on valuation of hedged items |
49,206 |
-80,336 |
|
Gains/(losses) on remeasurement of hedging instruments |
-49,316 |
76,522 |
|
Result on hedge accounting |
-110 |
-3,814 |
|
Result on sale and valuation of treasury derivatives not under hedge accounting |
15,062 |
-18,864 |
|
Result on sale and valuation of derivatives related to asset portfolio |
-317 |
-276 |
|
Result on sale and valuation of loans at FVPL |
-1,879 |
-7,022 |
|
Result on sale and valuation of securities at FVPL |
-1,052 |
682 |
|
Result on financial instruments mandatorily at FVPL |
11,814 |
-25,480 |
|
Foreign exchange results loans at FVPL |
17,648 |
-75,284 |
|
Foreign exchange results derivatives |
-36,755 |
171,288 |
|
Foreign exchange results on other financial assets/liabilities |
15,576 |
-85,754 |
|
Foreign exchange results |
-3,531 |
10,250 |
|
Other financial results |
-73 |
-12 |
|
Other changes |
4,169 |
23,170 |
|
Total result from financial transactions |
12,269 |
4,114 |
The movement of 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).
'Other changes' relate majorly to the remeasurement of 'Dutch government program liabilities' for FMO's obligations to the public fund programs managed on behalf of the Dutch Government.