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Notes to the Group’s Financial Statements

19 Sensitivity analysis of level 3 financial instruments measured at fair value
2014 2013
EURm Carrying
amount
Effect of
reasonably
possible
alternative
assumptions
(+ / -)
Carrying
amount
Effect of
reasonably
possible
alternative
assumptions
(+ / -)
Financial assets
Financial assets available-for-sale
Equity securities 228 -18 243 -23
Debt securities 77 -4 39 -2
Mutual funds 748 -148 720 -138
Total 1,054 -170 1,002 -163
The value of financial assets regarding the debt security instruments has been tested by assuming a rise of 1 per cent unit in interest rate level in all maturities. For other financial assets, the prices were assumed to go down by 20 %. The Sampo Group bears no investment risks relatted to unit-linked insurance, so a change in assumptions regarding these assets does not affect profit or loss. On the basis of the these alternative assumptions, a possible change in interest levels would cause descend of EURm 4 (2) for the debt instruments, and EURm 166 (161) valuation loss for other instruments in the Group's other comprehensive income. The reasonably possible effect, proportionate to the Group's equity, would thus be 1.6 % (1.5).
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