Investments

Breakdown of investments by asset classes of the financial segment
 
31.12.2011 30.09.2011 31.12.2010
 Total
book value
% of totalTotal
book value
% of totalTotal
book value
% of total
Equity instruments (*) 465.1 1.7 522.6 2.0 423.6 1.9
Available for sale financial assets 308.0 1.1 358.7 1.3 261.8 1.2
Financial assets at fair value through profit or loss 157.1 0.6 163.9 0.6 161.9 0.7
Fixed income instruments (**) 13,038.3 48.0 11,976.3 44.9 11,972.2 52.8
Bonds 6,518.4 24.0 5,878.6 22.0 5,895.8 26.0
Other fixed income instruments (**) 6,520.0 24.0 6,097.8 22.8 6,076.3 26.8
Held to maturity inv estments 1,415.7 5.2 546.2 2.0 608.1 2.7
Loans 7,358.6 27.1 6,998.3 26.2 7,087.6 31.3
Available for sale financial assets 3,437.3 12.6 3,573.6 13.4 3,572.8 15.8
Financial assets at fair value through profit or loss 826.6 3.0 858.2 3.2 703.6 3.1
Land and buildings (investment properties) (***) 24.3 0.1 24.4 0.1 24.5 0.1
Other investments 9,124.6 33.6 9,718.6 36.4 7,553.2 33.3
Investments in subsidiaries, associated companies and joint ventures 97.1 0.4 92.6 0.3 41.9 0.2
Derivatives (****) 18.1 0.1 79.0 0.3 -76.4 -0.3
Receivables from banks or customers 8,858.6 32.6 9,442.8 35.4 7,486.5 33.0
Other investments  150.7 0.6 104.2 0.4 101.2 0.4
Cash and cash equivalents (*****) 4,538.9 16.7 4,449.3 16.7 2,698.7 11.9
Total (*****) 27,191.2 100.0 26,691.2 100.0 22,672.2 100.0

(*) Investment fund units amounted to € 73.2 million (€ 14.7 milion at 30 September 2011 and € 17.3 milion at 31 December 2010).          

(**) Investment fund units amounted to € 42.1 million (€ 35.9 milion at 30 September 2011 and € 41 milion at 31 December 2010).          

(***) Taking into account derivative instruments booked as liabilities which amount to € 1,085.1 million (€ 1,447.9 milion at 30 September 2011 and € 914.5 milion at 31 December 2010).          

(****) Taking into account Reverse REPO which amount to € 1.2 million (€ 3.9 milion at 30 September 2011 and € 281.1 milion at 31 December 2010) and REPO which amount to € 755.3 million (€ 722.1 milion at 30 September 2011 and € 850.3 milion at 31 December 2010). 

(*****) Taking into account derivative instruments booked as liabilities and REPO.