2018 Registration document and annual fi nancial report - BNP PARIBAS220

4 CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2018

4

Notes to the fi nancial statements

Level 2: this level includes shares, certain Government or corporate bonds, other shares in funds and UCITS and over-the-counter derivatives.

Level 3: this level includes fund units and unlisted shares which are mainly investments in companies and in venture capital funds.

➤ TABLE OF MOVEMENTS IN LEVEL 3 FINANCIAL INSTRUMENTS

For Level 3 fi nancial instruments, the following movements occurred during the period:

In millions of euros

Financial assets

Available-for- sale fi nancial

instruments

Financial instruments as at fair value through

profi t or loss Total

AT 1 JANUARY 2018 1,132 5,581 6,713

Purchases 276 2,392 2,668

Sales (435) (1,184) (1,619)

Settlements (642) (281) (923)

Transfers to Level 3 - 70 70

Transfers from Level 3 (51) (144) (195)

Gains recognised in profi t or loss 46 373 419

Items related to exchange rate movements (1) 13 12

Changes in fair value of assets and liabilities recognised in equity (49) - (49)

AT 31 DECEMBER 2018 276 6,820 7,096

During the year ended 31 December 2018, transfers between Level 1 and Level 2 were not signifi cant.