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NOTES TO THE FINANCIAL STATEMENTS
For the financial year ended 31 December 2017
41. FAIR VALUES OF FINANCIAL INSTRUMENTS (continued)
41.3 FAIR VALUE HIERARCHY (continued)
Movements in the Group’s Level 3 financial assets and liabilities (continued)
GROUP
Gains/(losses) included in profit or loss are presented in the income statement as follows:
2017
Net
interest
income
$ million
Trading
income
2016
Other
income
Total gains/(losses) included in profit
or loss for the year ended – (3) (112)
Unrealised gains/(losses) included in
profit or loss for assets held at
the end of the year – 36 (36)
(1)

Total
Net
interest
income
(115)
#
Trading
income
Other
income
Total
– (11) (18) (29)
– 34 (19) 15
# represents amounts less than $0.5 million.
BANK
2017
Debt and
equity
securities
$ million
Financial assets measured at fair value
At 1 January
Purchases/transfer from associate
Settlements/disposals
Transfers in to/(out of) Level 3
Gains/(losses) recognised in
– profit or loss
– other comprehensive income
At 31 December
Unrealised gains/(losses) included in profit or loss
for assets held at the end of the year
2016
Derivative
receivables
Total
Debt and
equity
securities
72
506
(13)
1 (1) 36
3
–
(12) (2) 108
509
(13)
(11) 33
20
–
4 (1)
(6)
5
565 (5)
–
22 (11)
5
587 12
3
72
31 24 –
Total Trading
income
(7)
Derivative
receivables Total
47
4
–
– 80
24
–
4
(15)
–
36 (3)
3
108
30 30
Gains/(losses) included in profit or loss are presented in the income statement as follows:
2017
Trading
income
$ million
2016
Other
income
Other
income
Total
Total gains/(losses) included in profit
or loss for the year ended (4) (7) (11) (14) 11 (3)
Unrealised gains/(losses) included in profit or loss for assets
held at the end of the year 32 (8) 24 30 – 30
(1)

(2)
258
Relates to transfers from Level 2 to Level 3 due to use of inputs not based on market observable data.
Relates to transfers from Level 3 to Level 2 due to use of inputs based on market observable data.
OCBC ANNUAL REPORT 2017