Sun Life 2012 Annual Report Download - page 123
Download and view the complete annual report
Please find page 123 of the 2012 Sun Life annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
1 -
2
-
3
-
4
-
5
-
6
-
7
-
8
-
9
-
10
-
11
-
12
-
13
-
14
-
15
-
16
-
17
-
18
-
19
-
20
-
21
-
22
-
23
-
24
-
25
-
26
-
27
-
28
-
29
-
30
-
31
-
32
-
33
-
34
-
35
-
36
-
37
-
38
-
39
-
40
-
41
-
42
-
43
-
44
-
45
-
46
-
47
-
48
-
49
-
50
-
51
-
52
-
53
-
54
-
55
-
56
-
57
-
58
-
59
-
60
-
61
-
62
-
63
-
64
-
65
-
66
-
67
-
68
-
69
-
70
-
71
-
72
-
73
-
74
-
75
-
76
-
77
-
78
-
79
-
80
-
81
-
82
-
83
-
84
-
85
-
86
-
87
-
88
-
89
-
90
-
91
-
92
-
93
-
94
-
95
-
96
-
97
-
98
-
99
-
100
-
101
-
102
-
103
-
104
-
105
-
106
-
107
-
108
-
109
-
110
-
111
-
112
-
113 -
114 -
115 -
116 -
117 -
118 -
119 -
120 -
121 -
122 -
123 -
124 -
125 -
126 -
127 -
128 -
129 -
130 -
131 -
132 -
133 -
134
-
135
-
136
-
137
-
138
-
139
-
140
-
141
-
142
-
143
-
144
-
145
-
146
-
147
-
148
-
149
-
150
-
151
-
152
-
153
-
154
-
155
-
156
-
157
-
158
-
159
-
160
-
161
-
162
-
163
-
164
-
165
-
166
-
167
-
168
-
169
-
170
-
171
-
172
-
173
-
174
-
175
-
176
 |
 |
Notional amounts of derivative financial instruments are the basis for calculating payments and are generally not the actual amounts
exchanged. The following tables provide the notional amounts of derivative instruments outstanding by type of derivative and term to
maturity:
Term to Maturity
As at December 31, 2012
Under
1 Year
1to5
Years
Over 5
Years Total
Over-the-counter contracts:
Interest rate contracts:
Swap contracts $ 1,359 $ 3,678 $ 9,990 $ 15,027
Options purchased 186 2,780 3,735 6,701
Options written(1) – 1,191 992 2,183
Foreign exchange contracts:
Forward contracts 2,329 – 157 2,486
Swap contracts 272 4,639 5,777 10,688
Other contracts:
Options purchased 12–3
Forward contracts 57 104 – 161
Swap contracts 200 11 – 211
Options written ––––
Credit derivatives 10 324 8 342
Exchange-traded contracts:
Interest rate contracts:
Future contracts 1,110 – – 1,110
Foreign exchange contracts:
Futures contracts 102 – – 102
Equity contracts:
Futures contracts 3,083 – – 3,083
Options purchased 381 – – 381
Options written ––––
Total notional amount $ 9,090 $ 12,729 $ 20,659 $ 42,478
(1) These are covered short derivative positions that may include interest rate options, swaptions or floors.
Term to Maturity
As at December 31, 2011
Under
1 Year
1to5
Years
Over 5
Years Total
Over-the-counter contracts:
Interest rate contracts
Swap contracts $ 565 $ 4,928 $ 14,029 $ 19,522
Options purchased 219 2,099 3,798 6,116
Options written(1) – 815 1,427 2,242
Foreign exchange contracts:
Forward contracts 1,902 – 161 2,063
Swap contracts 245 3,631 5,113 8,989
Other contracts:
Options purchased 1,332 96 – 1,428
Forward contracts 63 88 – 151
Swap contracts 177 31 – 208
Options written ––––
Credit derivatives – 169 – 169
Exchange-traded contracts:
Interest rate contracts:
Future contracts 2,358 148 – 2,506
Foreign exchange contracts:
Futures contracts 613 – – 613
Equity contracts:
Futures contracts 5,902 – – 5,902
Options purchased 903 26 – 929
Options written 21 – – 21
Total notional amount $ 14,300 $ 12,031 $ 24,528 $ 50,859
(1) These are covered short derivative positions that may include interest rate options, swaptions or floors.
Notes to Consolidated Financial Statements Sun Life Financial Inc. Annual Report 2012 121