24. Financial instruments measured at fair value through profit or loss

Debt instruments measured at fair value through profit or loss	31.12.2019	31.12.2018
	Balance sheet value
Bonds issued by central governments	–	11,941
Bonds issued by non-financial entities	53,902	53,612
Bonds convertible for non-financial entities bonds	24,191	58,201
Equity instruments	163,334	80,059
Participation units	327	608
Financial instruments measured at fair value through profit or loss	241,754	204,421

Change in financial instruments measured at fair value through profit or loss:	12 months ended 31.12.2019	12 months ended 31.12.2018
Opening balance	204,421	–
Change resulting from IFRS 9 implementation	–	105,635
Purchase of securities	24,995	35,919
Sale of securities	(11,873)	(147)
Change in measurement at fair value through profit or loss	20,629	7,597
Change in interest due, foreign exchange differences, discounts and bonuses	582	4,799
Debt instruments acquired as a result of merger	–	47,318
Other changes	3,000	3,300
Closing balance	241,754	204,421

Financial instruments measured at fair value through profit or loss by maturity:	31.12.2019	31.12.2018
No maturity	163,661	127,168
Up to 1 month	3,148	468
From 1 year to 5 years	15,708	13,232
Over 5 years	59,237	63,796
Total financial instruments measured at fair value through profit or loss	241,754	204,664

The table below presents the value of securities measured at fair value through profit or loss, divided into designated at fair value through profit or loss and obligatorily measured at fair value through profit and loss.

	12 months ended 31.12.2019	12 months ended 31.12.2018
Classified as obligatory measured at fair value through profit or loss as at the moment of initial recognition	78,093	77,496
Classified as measured at fair value through profit or loss as at the moment of initial recognition	163,661	126,925
Total financial instruments measured at fair value through profit or loss	241,754	204,421

23. Securities measured at amortised cost

Annual report 2019

25. Securities measured at fair value through other comprehensive income