The fair values of derivative financial instruments are analysed by year of maturity and by accounting designation as follows: CRH 105 25. Derivative Financial Instruments Fair value  hedges Cash flow  hedges Net investment  hedges Not designated  as hedges Total Total excluding  share of joint ventures  €m   €m   €m   €m   €m   €m  At 31 December 2012 Derivative assets Within one year - current assets  48   -  4   -  52   52  Between one and two years   24   -  -  -  24   24  Between two and three years  -  -  -  -  -  - Between three and four years  45   -  -  -  45   45  Between four and five years  -  -  -  -  -  - After five years  51   -  -  -  51   51  Non-current assets  120   -  -  -  120   120  Total derivative assets  168   -  4   -  172   172  Derivative liabilities Within one year - current liabilities  - (1) (5)  - (6) (6) Between one and two years   - (1)  -  - (1) (1) Between two and three years  - (13)  -  - (13) (13) Between three and four years  -  -  -  -  -  - Between four and five years  -  -  -  -  -  - After five years  -  -  -  -  -  - Non-current liabilities  - (14)  -  - (14) (14) Total derivative liabilities  - (15) (5)  - (20) (20) Net asset arising on derivative financial instruments  168  (15) (1)  -  152   152  The equivalent disclosure for the prior year is as follows: At 31 December 2011 Derivative assets Within one year - current assets  6   1   12   5   24   23  Between one and two years   62   -  -  -  62   62  Between two and three years  32   -  -  -  32   32  Between three and four years  -  -  -  -  -  - Between four and five years  46   -  -  -  46   46  After five years  41   -  -  -  41   41  Non-current assets  181   -  -  -  181   181  Total derivative assets  187   1   12   5   205   204  Derivative liabilities Within one year - current liabilities  - (2) (8)  - (10) (10) Between one and two years   - (1)  -  - (1) (1) Between two and three years  -  -  -  -  -  - Between three and four years  - (17)  -  - (17) (17) Between four and five years  -  -  -  -  -  - After five years  - (2)  -  - (2)  - Non-current liabilities  - (20)  -  - (20) (18) Total derivative liabilities  - (22) (8)  - (30) (28) Net asset arising on derivative financial instruments  187  (21)  4   5   175   176 