 6.  FINANCIALASSETS AND LIABILITIES AT FAIR VALUE THROUGH PROFIT OR LOSS The Company entered into currency swap contracts, forward exchange contracts and index future contracts to reduce its  exposure to foreign currency risk and variability in operating results due to fluctuations in exchange rates and stock prices.  However, the aforementioned derivatives did not meet the criteria for hedge accounting and were classified as financial assets  or financial liabilities held for trading. Outstanding currency swap contracts and forward exchange contracts as of December 31, 2010 and 2011: Contract Amount Currency Maturity Period (In Millions) December 31, 2010 Currency swap contracts US$/NT$ 2011.01-2011.03 US$25/NT$767 Forward exchange contracts - buy NT$/US$ 2011.01 NT$18/US$1 December 31, 2011 Currency swap contracts US$/NT$ 2012.01-2012.03 US$43/NT$1,307 Currency swap contracts US$/NT$ 2012.01-2012.02 US$19/NT$571 Forward exchange contracts - buy NT$/US$ 2012.01 NT$60/US$2 December 31 2010 2011 NT$ NT$ (In Millions) Derivatives - financial assets Currency swap contracts $  34 $  6 Forward exchange contracts ─ ─ 34 6 Designated financial assets at fair value through profit or loss Convertible bonds 43 40 $  77 $  46 Derivatives - financial liabilities Currency swap contracts $  ─ $  4 Index future contracts ─ Forward exchange contracts ─ $  ─ $  4 F-24 PART III