NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 131 Write-downs (impairments) on securities held-to-maturity totaled ¤ 10 (2002: 31; 2001: 35) mn and are included in other expenses for investments. Reversal of impairments on securities held-to-maturity totaled  ¤ 3 (2002: 2; 2001:  7) mn and are included in other income from investments. Securities available-for-sale Amortized cost Market values 12/31/2003 12/31/2002 12/31/2003 12/31/2002 ¤ mn ¤ mn ¤ mn ¤ mn Contractual term to  maturity due in 1 year or less 363 1,505 365 1,558 due after 1 year and in  less than 5 years 1,963 1,341 2,015 1,409 due after 5 years and  in less than 10 years 1,874 2,626 1,944 2,662 due after 10 years 483 1,061 508 1,132 Total 4,683 6,533 4,832 6,761 Amortized cost Unrealized gains Unrealized losses Market values 12/31/2003 12/31/2002 12/31/2003 12/31/2002 12/31/2003 12/31/2002 12/31/2003 12/31/2002 ¤  mn ¤  mn ¤  mn ¤  mn ¤  mn ¤  mn ¤  mn ¤  mn Equity securities 43,014 53,045 6,363 5,193 1,107 10,067 48,270 48,171 Government bonds 131,486 120,913 4,744 5,972 627 106 135,603 126,779 Corporate bonds 86,238 81,353 3,722 3,727 300 326 89,660 84,754 Other 4,280 6,061 69 256 11 24 4,338 6,293 Total 265,018 261,372 14,898 15,148 2,045 10,523 277,871 265,997 Proceeds of sales Realized gains Realized losses 2003 2002 2001 2003 2002 2001 2003 2002 2001 ¤  mn ¤  mn ¤  mn ¤  mn ¤  mn ¤  mn ¤  mn ¤  mn ¤  mn Equity securities 34,809 39,371 37,844 5,544 6,124 6,632 4,711 7,210 6,153 Government bonds 62,137 50,063 43,724 980 1,040 768 259 354 295 Corporate bonds 29,986 22,451 21,690 829 768 238 271 487 363 Other 7,751 3,289 7,404 20 40 100 10 12 77 Total 134,683 115,174 110,662 7,373 7,972 7,738 5,251 8,063 6,888