11. Net charges from commodity risk management - €(378) million

Net income from commodity risk management reflects €264 million in net income realized on positions closed during the year and €114 million in unrealized net charges on open positions in derivatives at December 31, 2013.

Millions of euro     
 2013 2012 restated Change 
Income         
Unrealized on positions open at the end of the period  1,815  1,368  447  32.7% 
Realized on positions closed during the period  739  220  519  -
Total income  2,554  1,588  966  60.8% 
Charges         
Unrealized on positions open at the end of the period  (1,929)  (1,549)  (380)  24.5% 
Realized on positions closed during the period  (1,003)  (1)  (1,002)  -
Total charges  (2,932)  (1,550)  (1,382)  89.2% 
NET INCOME/(CHARGES) FROM COMMODITY RISK MANAGEMENT  (378)  38  (416)  -
- of which trading/non-IFRS/IAS hedge derivatives  (265)  88  (353)  -
- of which ineffective portion of CFH  (2)  (3)  -33.3%