Net gains/(losses) on foreign exchange related derivative financial instruments not qualifying for hedge accounting
-3 055
-16 000
Net foreign exchange transaction gains/(losses)
13
-1 121
-13 643
Others
-250
568
342
-18 901
Change in fair value of kCHF -165 (2008: kCHF -275) for available-for-sale financial assets were recognized directly in equity while kCHF 0 (2008: kCHF -63) were removed from equity and recognized in the income statement.
Foreign exchange derivative financial instruments are classified as held for trading financial instruments. Change in fair value of held for trading financial assets amounting to kCHF -3 055 (2008: -16 000) are disclosed under Net gains on foreign derivative financial instruments not qualifying for hedge accounting.
