CITIC Limited Half-Year Report 2019

67 CITIC Limited Half-Year Report 2019 For the six months ended 30 June 2019 16 Derivative financial instruments (continued) The following tables and notes provide an analysis of the nominal amounts of derivatives and the corresponding fair values as at the balance sheet date. The nominal amounts of the derivatives indicate the volume of transactions outstanding as at the balance sheet date; they do not represent amounts at risk. Hedging instruments are derivatives qualified for hedge accounting, and non-hedging instruments are derivatives not qualified for hedge accounting. 30 June 2019 31 December 2018 Nominal amount Assets Liabilities Nominal amount Assets Liabilities HK$ million HK$ million HK$ million HK$ million HK$ million HK$ million Hedging instruments Fair value hedge – Interest rate derivatives 4,158 29 51 9,570 116 9 – Currency derivatives 444 – 25 446 – 22 Cash flow hedge – Interest rate derivatives 13,546 – 1,785 15,214 6 1,370 – Currency derivatives 278 1 2 386 7 – – Other derivatives 1,285 573 34 2,086 546 59 Non-hedging instruments – Interest rate derivatives 2,931,655 6,916 6,828 2,097,185 6,859 6,812 – Currency derivatives 2,514,450 13,565 13,024 2,965,101 28,449 28,061 – Precious metals derivatives 53,284 670 1,455 66,930 1,195 1,335 – Other derivatives 349 54 195 1,272 116 8 5,519,449 21,808 23,399 5,158,190 37,294 37,676 Notes to the Consolidated Financial Statements