Page 200 - ACCESS BANK ANNUAL REPORTS_eBook

4.1.1 Recurring fair value measurements
In thousands of Naira
Group
December 2017
Level 1 Level 2 Level 3 Total
Assets
Investment under management
Government bonds - 357,441 - 3,357,441
Placements - - 6,283,077 6,283,077
Commercial paper - 6,992,904 - 6,992,904
Nigerian treasury bills 1,972,963 - - 1,972,963
Mutual funds - 2,664,746 - 2,664,746
Eurobonds - 1,986,000 - 1,986,000
Non pledged trading assets
Treasury bills 37,743,819 - - 37,743,819
Bonds 9,031,525 19,369 - 9,050,894
Equity 59,348 - - 59,348
Derivative financial instrument - 93,419,293 - 93,419,293
Pledged assets
Treasury bills 157,172,849 - - 157,172,849
Bonds 30,748,762 - - 30,748,762
Investment securities
Available for sale
Treasury bills 29,977,451 - - 29,977,451
Bonds 35,684,865 18,394,503 - 54,079,368
Equity 1,147,387 8,760,176 59,673,535 69,581,098
Assets held for sale - - 9,479,967 9,479,967
303,538,969 132594432 75,436,579 511,569,980
Liabilities
Derivative financial instrument
- 5,332,177 - 5,332,177
- 5,332,177 - 5,332,177

Group
December 2016
Level 1 Level 2 Level 3 Total
Assets
Investment under management
Placements - - 1,070,385 1,070,385
Commercial paper - 6,454,067 - 6,454,067
Nigerian treasury bills 2,887,102 - 2,887,102
Mutual funds - 2,629,693 - 2,629,693
Eurobonds - 1,830,000 - 1,830,000
Non pledged trading assets
Treasury bills 34,381,635 - - 34,381,635
Bonds 10,170,293 18,304 - 10,188,597
Equity 59,348 - - 59,348
Derivative financial instrument - 156,042,984 - 156,042,984
Pledged assets -
Treasury bills 188,239,520 - - 188,239,520
Bonds 7,519,209 - 7,519,209
Investment securities
Available for sale
Treasury bills 69,346,601 - - 69,346,601
Bonds 29,252,094 3,431,482 - 32,683,576
Equity 1,147,387 7,451,138 59,673,535 68,272,061
Assets held for sale - - 140,727 140,727
343,000,189 177,857,668 60,884,647 581,742,503

Liabilities
Derivative financial instrument - 30,444,501 - 30,444,501
- 30,444,501 - 30,444,501

200 Access BAnk Plc
Annual Report & Accounts 2017