T HE G ROUP ’ S INTERE S T BE ARING LIABILITIE S AND AS SE T S PER CURRENCY AS PER DECEMBER 31, 2011–2012 Currenc y Amount , M SEK Dur ation (da ys) Current book c o s t (incl. credit margin) Int ere s t rat e s, +1% Net impact on income s t ate - ment due to 1% increase 1 Int ere s t rat e s, -1% Net impact on income s t ate - ment due to 1% decrease 1 December 31, 2012 u SD liabilities -4 147 123 2.53% 3.26% -22 1.81% 22 E u R liabilities -5 935 908 3.58% 3.63% -2 3.53% 2 GBP liabilities -1 073 32 2.75% 3.75% -8 1.75% 8 SEK liabilities -3 468 50 2.50% 3.50% -26 1.50% 26 Other currencies liabilities -463 30 8.69% 9.69% -3 7.69% 3 T ot al liabilities -15 086 406 3.14% 3.69% -61 2.59% 61 u SD assets 248 0 0.03% 1.03% 2 0.00% 0 E u R assets 2 499 16 0.13% 1.13% 18 0.00% -2 GBP assets 69 7 0.00% 1.00% 1 0.00% 0 SEK assets 1 831 3 0.55% 1.55% 13 0.00% -7 Other currencies assets 574 7 8.69% 9.69% 4 7.69% -4 T ot al assets 5 221 10 1.21% 2.21% 38 0.85% -13 T ot al -9 865 – 4.18% – -23 – 48 December 31, 2011 u SD liabilities -4 254 448 2.55% 3.14% -18 1.95% 19 E u R liabilities -4 454 260 5.81% 6.26% -15 5.37% 14 GBP liabilities -926 1 3.03% 4.03% -7 2.03% 7 SEK liabilities -3 039 67 2.01% 3.01% -22 1.11% 20 Other currencies liabilities -392 1 9.42% 10.42% -3 8.42% 3 T ot al liabilities -13 065 250 3.78% 4.46% -65 3.12% 63 u SD assets 296 7 0.00% 1.00% 2 0.00% 0 E u R assets 536 15 0.39% 1.39% 4 0.09% -1 GBP assets 32 1 1.08% 2.08% 0 0.08% 0 SEK assets 1 370 3 1.54% 2.54% 10 0.84% -7 Other currencies assets 482 7 9.42% 10.42% 4 8.42% -4 T ot al assets 2 716 6 2.54% 3.54% 20 1.94% -12 T ot al -10 349 – 4.10% – -45 – 51 1 The 1 percent increase / decrease in interes t r ates is calculated b y adjus tin g the foatin g r ate accor din g ly and applyin g this r ate to the liabilit y to es t ablish the impact on net fnancial items in the income s t atement . This is further adjus ted b y the efectiv e corpor ation t ax r ate . Interes t r ate fxin g It is the polic y of Securit as to use interes t r ate deriv ativ es if required to mana g e its interes t r ate risk and as a consequence the Group ’ s fnancin g cos ts. The dur ation for these deriv ativ es does not normally e x ceed fv e y ear s. Group polic y allo ws for the use of both options -based and fx ed-r ate products. I NTERE S T f IXING PER C u RRENC y 1 December 31, 2012 December 31, 2013 December 31, 2014 Currenc y Amount M SEK Amount m L OC Rat e 2 % Amount M SEK Amount m L OC Rat e 2 % Amount M SEK Amount m L OC Rat e 2 % f inal maturit y u S D 1 153 177 2.56% 261 40 3.10% 0 0 0.00% M a y 2014 E u R 3 237 377 2.73% 3 237 377 2.73% 3 237 377 2.73% December 2017 T ot al 4 390 – – 3 498 – – 3 237 – – 1 R efer s to interes t r ate fxin g with a maturit y in e x cess of three months. 2 A v er a g e r ate includin g credit mar g in. 86 Annual R eport Notes and comments to the consolidated fnancial s t atements Securit as Annual R eport 2012