Hedging derivatives boosts Volkswagen equity
Volkswagen's bottom line was helped in 2017 by a beneficial change in the fair value measure of its derivatives portfolio. The car manufacturer posted a net derivatives asset position of €4.7 billion, improving on a net derivatives liability position of €468 million in 2016.
The carrying amount of derivatives liabilities fell from €6.1 billion to €2.2 billion on the year, while the fair value of
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