Accounting policies and classification
Net gain/(loss) on financial instruments measured at fair value through profit or loss includes gains and losses arising from disposal of financial instruments designated as financial assets / liabilities measured at fair value through profit or loss (both held for trading and designated at fair value through profit or loss at initial recognition) and the effect of their measurement at fair value. This item also includes the ineffective portion of cash flow hedges in the case of hedging strategies in which IRS contracts are the hedging instrument, as well as gains and losses on the hedging instrument and hedged item relating to the hedged risk (fair value hedges).
Financial information
| NET GAIN/(LOSS) ON FINANCIAL INSTRUMENTS MEASURED AT FAIR VALUE | 2017 | 2016 |
|---|---|---|
| Debt instruments | 3 | (15) |
| Equity instruments | 2 | 3 |
| Derivative instruments (of which an ineffective portion of cash flow hedges) | 4 | 11 |
Other, including gains and losses on the hedging instrument and the hedged | (1) | 5 |
| Total | 8 | 4 |