MILLIRE_2019_Annual Report

240 Milli Re Annual Report 2019 Millî Reasürans Türk Anonim Şirketi NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS AS OF DECEMBER 31, 2019 (Currency: Turkish Lira (TL)) (Convenience Translation of Financial Statements and Related Disclosures and Footnotes Originally Issued in Turkish, See Note 2.1.1) December 31, 2018 Nominal value Cost Fair value Book value Debt instruments: Other TL - 7.795.343 7.800.426 7.800.426 - 7.795.343 7.800.426 7.800.426 Non-fixed income financial assets: Investment funds 108.810.773 146.293.529 146.293.529 Equity shares 22.802.751 19.110.609 19.110.609 Derivative guarantees 6.259.952 6.348.182 6.348.182 137.873.476 171.752.320 171.752.320 Total financial assets held for trading 145.668.819 179.552.746 179.552.746 As of December 31, 2019 and 2018, the Group’s available for sale financial assets are detailed as follows: December 31, 2019 Nominal value Cost Fair value Book Value Debt instruments: Government bonds - TL 203.645.804 200.229.115 216.169.741 216.169.741 Government bonds - USD 19.880.400 57.683.355 63.085.074 63.085.074 Government bonds - EUR 4.000.000 26.072.226 28.789.772 28.789.772 Private sector bonds - USD 318.470.984 353.401.000 386.505.158 386.505.158 Private sector bonds- TL 150.640.000 150.381.407 153.255.978 153.255.978 Impairment loss on private sector bonds (6.954.540) (6.954.540) 787.767.103 840.851.183 840.851.183 Non-fixed income financial assets: Equity shares 165.537.729 240.347.804 240.347.804 Investment funds 1.108.128.409 1.159.455.139 1.159.455.139 1.273.666.138 1.399.802.943 1.399.802.943 Total available for sale financial assets 2.061.433.241 2.240.654.126 2.240.654.126 December 31, 2018 Nominal value Cost Fair value Book Value Debt instruments: Government bonds - TL 198.089.739 189.770.611 176.440.026 176.440.026 Government bonds - USD 87.330.940 98.641.422 79.242.874 79.242.874 Private sector bonds - TL 93.990.000 93.358.310 95.339.659 95.339.659 Private sector bonds- USD 228.707.105 219.165.166 212.712.655 212.712.655 Private sector bonds - EUR 30.350.980 30.138.814 30.896.016 30.896.016 Impairment loss on private sector bonds (6.954.540) (6.954.540) 631.074.323 587.676.690 587.676.690 Non-fixed income financial assets: Investment funds 165.508.575 158.931.638 158.931.638 Equity shares 243.137.401 261.433.640 261.433.640 408.645.976 420.365.278 420.365.278 Total available for sale financial assets 1.039.720.299 1.008.041.968 1.008.041.968