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5.C Change in Fair Value Through Profit or Loss Assets and Liabilities
Change in fair value through profit or loss assets and liabilities recorded to net income for the years ended December 31 consist of the
following:
2012 2011
Cash, cash equivalents and short-term securities $ (1) $4
Debt securities 1,181 3,178
Equity securities 254 (302)
Derivative investments (69) 1,102
Other invested assets 41 (15)
Investment properties 322 290
Total change in fair value through profit or loss assets and liabilities $ 1,728 $ 4,257
5.D Cash, Cash Equivalents, and Short-Term Securities
Cash, cash equivalents and short-term securities presented in the Consolidated Statements of Financial Position and Net cash, cash
equivalents and short-term securities presented in the Consolidated Statements of Cash Flows consist of the following:
As at December 31, 2012 2011
Cash $ 1,475 $ 1,506
Cash equivalents 1,983 2,953
Short-term securities 3,576 4,378
Cash, cash equivalents and short-term securities 7,034 8,837
Less: Bank overdraft, recorded in Other liabilities 3106
Net cash, cash equivalents and short-term securities $ 7,031 $ 8,731
5.E Gross Unrealized Gains and Gross Unrealized Losses on Available-For-Sale Debt
and Equity Securities
Gross unrealized gains and gross unrealized losses included in accumulated OCI on AFS debt and equity securities are comprised as
follows:
As at December 31, 2012
Amortized
cost
Gross
unrealized
gains
Gross
unrealized
(losses)
Fair
value
Debt securities:
Canadian federal government $ 1,307 $ 1 $ (2) $ 1,306
Canadian provincial and municipal government 163 5 – 168
U.S. government and agency 493 16 (1) 508
Other foreign government 317 73 – 390
Corporate 7,165 585 (17) 7,733
Asset-backed securities:
Commercial mortgage-backed securities 151 15 (6) 160
Residential mortgage-backed securities 109 3 – 112
Collateralized debt obligations 28 – (1) 27
Other 185 1 (1) 185
Total debt securities 9,918 699 (28) 10,589
Equity securities 774 94 (11) 857
Total AFS debt and equity securities $ 10,692 $ 793 $ (39) $ 11,446
114 Sun Life Financial Inc. Annual Report 2012 Notes to Consolidated Financial Statements