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3.11 Marketable securities and derivative financial instruments

in CHF thousand at 31 December   2020   2019
Marketable securities & bank deposits    
Derivative financial instruments   407  
Total marketable securities and derivative financial instruments   407  

As of 31 December 2020, there are outstanding foreign exchange forwards used for currency hedging of future cash flows that have not yet been recognised in the balance sheet. Consequently, there is an off-balance-sheet item in the amount of CHF 12,000 (2019: CHF 17,000). The total notional amount of foreign currencies that are hedged is CHF 20,323,000 (2019: CHF 25,144,000).