27. Derivative financial instruments

Derivative assets with maturities exceeding one year are included in long-term financial assets (note 20) and derivative assets with maturities less than one year are included in prepaid expenses and other current assets (note 18).

Derivative liabilities are included in financial liabilities (note 25).

Derivative assets and liabilities

 

Fair value assets

Fair value liabilities

Nominal amount

Fair value assets

Fair value liabilities

Nominal amount

Million CHF

2015

2015

2015

20141

20141

20141

1

Restated due to changes in accounting policies, see note 2.

Fair value hedges

 

 

 

 

 

 

Interest rate

44

0

1,581

42

0

477

Currency

0

0

16

0

0

0

Cross-currency

0

59

621

7

0

621

Total fair value hedges

44

59

2,218

50

0

1,098

 

 

 

 

 

 

 

Cash flow hedges

 

 

 

 

 

 

Interest rate

0

0

0

0

0

5

Currency

7

2

133

0

3

159

Commodity

1

22

116

0

0

0

Total cash flow hedges

8

24

249

0

3

164

 

 

 

 

 

 

 

Held for trading

 

 

 

 

 

 

Currency

71

26

3,084

0

0

0

Cross-currency

9

0

26

0

0

0

Total held for trading

80

26

3,110

0

0

0

 

 

 

 

 

 

 

Total

132

109

5,577

50

3

1,261