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The Bank entrusted the sum transferred to it by the Registrars in respect of unclaimed dividends with select Asset Manag-
ers who will ensure safekeeping and manage the funds for the benefit of the Bank. The investments by the Asset Managers
are as listed above (the corresponding liability which is due to the Registrar is reported as “unclaimed dividend” in Other
liabilities.
20 Non pledged trading assets
Group Group Bank Bank
In thousands of Naira December December December December
2017 2016 2017 2016
Government bonds 9,031,525 10,170,293 9,031,525 10,170,293
Eurobonds 19,369 18,304 19,369 18,304
Treasury bills 37,743,819 34,381,635 33,906,748 34,381,635
Equity securities 59,348 59,347 59,348 59,347
46,854,061 44,629,579 43,016,990 44,629,579
21 Derivative financial instruments
In thousands of Naira
Notional Fair Value Notional Fair Value
amount Assets/ amount Assets/
(Liabilities) (Liabilities)
Group
Foreign exchange derivatives December 2017 December 2016
Total derivative assets 426,342,495 93,419,293 709,617,854 156,042,984
Non-deliverable Future contracts 280,403,522 8,311,492 390,410,492 65,280,723
Forward and Swap contract 145,938,973 85,107,801 319,207,362 90,762,261
Total derivative liabilities 237,298,924 (5,332,177) 223,456,040 (30,444,501)
Non-deliverable Future contracts 145,200,611 (1,314,399) 41,349,705 (10,668,412)
Forward and Swap contract 92,098,313 (4,017,778) 182,106,335 (19,776,089)
Notional Fair Value Notional Fair Value
amount Assets/ amount Assets/
(Liabilities) (Liabilities)
Bank December 2017 December 2016
Foreign exchange derivatives
Total derivative assets 390,798,265 92,390,219 698,771,698 155,772,662
Non-deliverable Future contracts 145,938,973 8,311,492 319,207,362 65,280,723
Forward and Swap contract 244,859,292 84,078,727 379,564,336 90,491,939
Total derivative liabilities 233,911,428 (5,306,450) 201,664,660 (30,275,181)
Non-deliverable Future contracts 145,200,611 (1,314,399) 41,349,705 (10,668,411)
Forward and Swap contract 88,710,817 (3,992,051) 160,314,955 (19,606,770)
302 Access BAnk Plc
Annual Report & Accounts 2017
