C18. Interest-bearing receivables, cash and cash equivalents

Interest-bearing receivables

The total carrying value of interest-bearing receivables was distributed as follows.

SEK in millions

Dec 31, 2016

Dec 31, 2015

Interest rate swaps and cross currency interest rate swaps at fair value

984

804

of which designated as fair value hedges

301

of which held-for-trading

683

804

Subtotal (see Fair value hierarchy levels – Note C25)

984

804

Short-term investments with maturities over 3 months

5,660

5,635

of which bonds available for sale

5,181

5,635

of which bank deposits at amortized cost

479

Loans and receivables at amortized cost

4,334

3,916

Subtotal (see Categories – Note C25)

10,978

10,355

Finance lease receivables

165

324

Total (see Credit risk – Note C26)

11,143

10,679

Carrying values for items measured at amortized cost and finance lease receivables are assumed to approximate fair values as the risk of changes in value is insignificant. Refer to Note C25 “Financial assets and liabilities by category and level” and section “Credit risk management” in Note C26 “Financial risk management” for more information on financial instruments classified by category/fair value hierarchy level and exposed to credit risk, respectively. For information on leases, see Note C27 “Leasing ­agreements.”