|
Table V
Non-exchange Traded Commodity Contracts
| (Dollars in millions) |
|
Asset
Positions
|
| Liability
Positions
|
|
| Net fair value of contracts outstanding, January 1, 2005 |
|
$ |
2,195 |
| $ |
1,452 |
|
| Effects of legally enforceable master netting agreements |
| 4,449 |
| 4,449 |
|
|
|
|
|
|
|
|
|
| Gross fair value of contracts outstanding, January 1, 2005 |
| 6,644 |
| 5,901 |
|
| Contracts realized or otherwise settled |
| (1,990) |
| (1,947) |
|
| Fair value of new contracts |
| 1,763 |
| 1,887 |
|
| Other changes in fair value |
| 2,240 |
| 2,074 |
|
|
|
|
|
|
|
|
|
| Gross fair value of contracts outstanding, December 31, 2005 |
| 8,657 |
| 7,915 |
|
| Effects of legally enforceable master netting agreements |
| (5,636) |
| (5,636) |
|
|
|
|
|
|
|
|
|
| Net fair value of contracts outstanding, December 31, 2005 |
|
$ |
3,021 |
|
|
$ |
2,279 |
|
|
|
|
|
|
|
|
|
|
|
|
