15. Net change in the fair value of assets and liabilities measured at fair value

Net change in the fair value of assets and liabilities measured at fair value 1 January - 31 December 2015 1 January - 31 December 2014
Financial instruments measured at fair value through profit or loss – designated as such upon initial recognition, including: 299,235 415,951
- equity instruments 203,443 (160,394)
- debt instruments 100,616 615,929
- liabilities to participants of consolidated investment funds (7,522) (42,162)
- unit-linked investment contracts 2,698 2,578
Financial instruments held for trading, including: 16,432 22,945
- equity instruments (24,687) 42,707
- debt instruments 46,737 83,448
- derivatives (5,618) (103,210)
Investment property 75,581 1) 76,215
Total net change in the fair value of assets and liabilities measured to fair value 391,248 515,111

1) Including PLN 4,326 thousand of change in fair value of property represented as assets held for sale.