EFTA Document EFTA01377166

Derivatives exposure - headline numbers materially overstate the economic risk IFRS Derivative trading assets and the impact of netting and collateral In EUR bn, as of 30 Sept 2016 Interest Rate in Currency Equity/index Credit / Other Note: (t) (2) 542 36 IFRS Impact of Cash Financial Net amount Master Collateral Instrument Netting collateral() Agreements Figures may not add up due to rounding differences Excludes real estate and other non-financial intrument collateral