Corporates
Bailed-out Uniper suffered €14bn derivatives markdown in H1
Company cut value of gas forwards contracts due to risk of reduced deliveries from Russia
Shell derivatives exposure rose by $15bn in 2021
Over 93% of the oil giant’s derivatives instruments were designated as current
Berkshire Hathaway’s put option liabilities climb
Fair value liability climbed to $1.6 billion at end-June
At Apple, derivatives notionals top $178bn
Credit loss amounts rocket on rate and currency fluctuations
Ford reaps derivatives gains following interest rates dip
Swap assets of automaker’s financial services unit hit $1.2 billion
Berkshire Hathaway dinged $300m by equity index options
Derivatives have netted conglomerate $2.2 billion in gains since 2004
On hedging, BP and Shell set different timelines
Shell has much larger share of derivatives classified as current than BP
Apple derivatives use surges
Hedging derivatives notionals hit $99 billion, up from $6 billion in 2008
In ongoing drive, Shell slashes debt by almost $8 billion
Gearing ratio down 220 basis points year to year
BP net derivative assets top $1.5 billion
Hedging instruments fair values rise while oil prices surge
General Motors embraces hedge accounting change
Automaker ramps up cash flow hedging in wake of FASB update
Ford reports $204 million derivatives charge
Foreign exchange and commodity contracts fall in value