All assets and liabilities, as described in Paragraph CA-11.3.1, must be included at closing mid-market spot exchange rates. Marked-to-market items must be included on the basis of the current market value of the positions. However, conventional bank licensees which base their normal management accounting on net present values must use the net present values of each position, discounted using current interest rates and valued at current spot rates, for measuring their forward currency and gold positions.