Notes to the Consolidated Financial Statements

23. Fair value reserve
       
MEUR Cash flow hedges Financial assets available-for-sale Total
Difference between fair value and carrying amount at 1 January 2010 22 109 131
Deferred tax liabilities/assets -3 -28 -31
Fair value reserve at 1 January 2010 19 80 99
Transferred to the statement of income, net of taxes -13 -110 -123
Fair value adjustments 9 40 49
Deferred tax liabilities/assets -3 -11 -14
Fair value reserve at 31 December 2010 12   12
Transferred to the statement of income, net of taxes -11   -11
Fair value adjustments -15 21 6
Deferred tax liabilities/assets 3 -5 -2
Fair value reserve at 31 December 2011 -11 16 5
       
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