(33) Financial liabilities at fair value through profit and loss

This item shows liabilities in respect of which BA-CA used the option to designate financial instruments as at fair value through profit and loss in order to avoid inconsistencies in the valuation of assets and liabilities which are connected with each other. Most of these liabilities are complex structures with embedded derivatives. On balance, a negative change of € 0.7 m in the fair values of other debt securities totalling € 1,731 m was recognised in the income statement. In 2006, changes in fair values resulting from changes in our own credit rating were + € 2.9 m.