115 ANNUAL REPORT 2010 MOVEMENTS IN LEVEL III FINANCIAL INSTRUMENTS  MEASURED AT FAIR VALUE 1  Includes impairments and movements related to fair value hedges. 2  Total gains / (losses) for the period during which the financial instrument was in Level III. SHARPENING OUR FOCUS Financial  assets carried  at fair value At January 1, 2010 Total  gains /  (losses)  in  income  state  ment  1 Total gains /  (losses) in OCI Pur- chases Sales Settle- ments Net ex- change  differ- ences Trans- fers  from  Levels I  and II Trans- fers to  Levels I  and II At  Decem- ber  31, 2010 Total gains  or losses for  the period  included in  profit and loss  for assets held  at December  31, 2010  2 Available-  for-sale  investments Shares 443 3 52 163 (159) – 16 37 – 555 – Debt securities 4,334 (85) 475 460 (339) (418) 311 375 (1,325) 3,788 – Money market  and other  short-term  instruments 10 – – –  (10) – – – – – – Other  investments at  fair value  842   (140)  (73)  172   (47)  (17) 68  –   –   805  – 5,629   (222) 454  795   (555)  (435) 395 412   (1,325) 5,148  – Fair value  through profi t  or loss Shares 14 1 – –  (15) – 1 – – 1 – Debt securities 142  –  2  1   (25)  (1) 1 19   (7) 132  (2) Other  investments at  fair value 1,080  66  –  159   (149) –  84 77   (112) 1,205  62 Investments for  account of  policyholders  2,776   153   –   396  (1,108)  –  100  191   (156)  2,352  106 Derivatives 170   (28) –  18   (6)  (6) 7 23 –  178  (2) 4,182  192  2  574   (1,303)  (7) 193 310   (275) 3,868  164 Financial  liabilities  carried at fair  value Investment  contracts (1,145)  (511) – – – – – – –  (1,656) (511) Investment  contracts for  account of  policyholders  (521)  (18)  –   (24)  430   –  (45)  –   –   (178) – Derivatives (1,683) 720 1 (1) 9 – (96) – –  (1,050) – (3,349) 191  1   (25) 439 –  (141) –  –   (2,884) (511)