This figure has been replaced. See Foreign net assets currency split and carrying sensitivity rev2 — supersedes and the carrying line of, 31-Dec-2024 to 31-Dec-2025.
What this is
Two equations, two unknowns (USD net assets U, EUR net assets E), fx at 100% = fx/0.32, Δ = December monthly averages. Solve: U = 2668 m$, E = 22 m€.
The values
- $ NA bn: 2.67
- EUR NA bn: 0.022
Some detail is too fine to show here; it is kept in the trainer’s notes.
Where it comes from
Our calculation from other figures in the trainer’s notes:
Show the working
- Two equations, two unknowns (USD net assets U, EUR net assets E), fx at 100% = fx/0.32, Δ = December monthly averages
- Solve: U = 2668 m$, E = 22 m€
- C on C: Dec averages proxy Dec 31
- GBP/AUD/KRW omitted
- opening-vs-avera
Related figures
Built from this one