19 Sensitivity analysis of level 3 financial instruments measured at fair value | ||||
2013 | 2012 | |||
EURm | Carrying amount | Effect of reasonably possible alternative assumptions (+ / -) | Carrying amount | Effect of reasonably possible alternative assumptions (+ / -) |
Financial assets | ||||
Financial assets available-for-sale | ||||
Equity securities | 243 | -23 | 69 | -14 |
Debt securities | 39 | -2 | 73 | -3 |
Mutual funds | 720 | -138 | 894 | -163 |
Total | 1,002 | -163 | 1,036 | -180 |
The value of financial assets regarding the debt security instruments has been tested by assuming a rise of 1 per cent unit in interest rate level in all maturities. For other financial assets, the prices were assumed to go down by 20 per cent. The Sampo Group bears no investment risks relatted to unit-linked insurance, so a change in assumptions regarding these assets does not affect profit or loss. On the basis of the these alternative assumptions, a possible change in interest levels would cause descend of EURm 2 (3) for the debt instruments, and EURm 161 (177) valuation loss for other instruments in the Group's other comprehensive income. The reasonably possible effect, proportionate to the Group's equity, would thus be 1.5 per cent (1.8). |
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