ING Direct 2004 Annual Report Download - page 132

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130 ING Group Annual Report 2004
31 NET CASH FLOW FROM OPERATING ACTIVITIES
The net cash flow shown in respect of Lending only relates to transactions involving actual payments or receipts. The Additions
to the provision for loan losses which is deducted from the item Lending in the balance sheet has been adjusted for the profit
before tax and is shown separately in the cash flow statement.
32 NET CASH FLOW FROM INVESTING ACTIVITIES
MOST SIGNIFICANT COMPANIES ACQUIRED
Rodamco Asia Allianz Canada DiBa
GENERAL
Year of acquisition 2004 2004 2002
Primary line of business Real Estate Non-life insurance Direct banking
PURCHASE PRICE
Purchase price 0.4 0.2 0.6
Assumed debt in purchase price 0.1
ASSETS
Investments 0.8 0.6 7.7
Miscellaneous other assets 0.2 0.1
LIABILITIES
Insurance provisions 0.6
Funds entrusted to and debt securities of the banking operations 0.4 6.4
Miscellaneous other liabilities 0.1 1.2
NOTES TO THE CONSOLIDATED STATEMENT OF
CASH FLOWS OF ING GROUP
amounts in billions of euros, unless stated otherwise
2.1
ANNUAL ACCOUNTS