Porsche 2009 Annual Report Download - page 242

242 Financials
The net gains or losses of the respective measurement categories are as follows:
Net gains or losses
2009/101 2008/09 thereof
€ million
continuing
operations
Financial instruments at fair value through profit or loss – 135 – 2,285 – 2,443
Designated upon initial recognition (FVtPL) 0 – 57 0
Held for trading (HfT) – 135 – 2,228 – 2,443
Held to maturity investments (HtM) 0 1 0
Loans and receivables (LaR) 121 1,599 106
Available-for-sale financial assets (AfS) 0 – 54 20
Financial liabilities measured at amortized cost (FLAC) – 755 – 2,595 – 517
1 Continuing operations only
The net gains or losses from financial instruments at fair value through profit or loss are
derived from the fair value measurement including interest and in discontinued operations addition-
ally exchange gains or losses.
The net gains or losses from available-for-sale financial assets in the prior year in discontin-
ued operations mostly related to income and expenses from securities including gains or losses on
disposal, impairment losses on investments as well as currency translation effects.
The net gains or losses from the loans and receivables category include interest income. In
the comparative period, net gains or losses from the loans and receivables category in discontinued
operations also included interest expenses according to the effective interest method pursuant to
IAS 39, interest income and expenses from the loans and leasing business in financial services and
currency translation effects.
The net gains or losses from financial liabilities at amortized cost essentially comprise in-
terest expenses and currency translation effects.