ING Direct 2009 Annual Report Download - page 126

Changes in equipment
Data processing equipment
Fixtures and fittings
and other equipment Total
2009 2008 2009 2008 2009 2008
Opening balance 320 281 1,087 989 1,407 1,270
Additions 189 227 407 396 596 623
Changes in the composition of the group –9 –4 –88 10 –97 6
Disposals –13 –2 –32 –20 –45 –22
Depreciation –155 –146 –261 –263 –416 –409
Impairments –9 –9 –18
Exchange rate differences 6–13 4–28 10 – 41
Other changes 6–14 –19 12 –13 –2
Closing balance 344 320 1,098 1,087 1,442 1,407
Gross carrying amount as at 31 December 1,582 1,562 3,084 2,935 4,666 4,497
Accumulated depreciation as at 31 December –1,238 –1,231 –1,986 –1,840 –3,224 –3,071
Accumulated impairments as at 31 December –11 –8 –19
Net book value 344 320 1,098 1,087 1,442 1,407
Changes in assets under operating leases
Cars Other leased-out assets Total
2009 2008 2009 2008 2009 2008
Opening balance 3,140 2,886 812 3,148 2,898
Additions 1,034 1,401 1,034 1,401
Changes in the composition of the group 172 –2 170
Disposals –93 –123 –93 –123
Depreciation –789 –764 –3 –2 –792 –766
Impairments –3 –3
Exchange rate differences 28 –116 28 –116
Transfer and other changes –334 –313 –334 –313
Closing balance 2,986 3,140 582,991 3,148
Gross carrying amount as at 31 December 4,516 4,466 27 28 4,543 4,494
Accumulated depreciation as at 31 December –1,530 –1,324 –22 –20 –1,552 –1,344
Accumulated impairments as at 31 December –2 –2
Net book value 2,986 3,140 582,991 3,148
Transfer and other changes relates mainly to the transfer of cars under operating lease to Other assets due to the expiration of the
lease contract.
Depreciation of assets under operating leases is included in the profit and loss account in Other income as a deduction from operating
lease income.
No individual operating lease has terms and conditions that materially affect the amount, timing or certainty of the consolidated cash
flows of the Group.
The Group leases assets to third parties under operating leases as lessor. The future minimum lease payments to be received under
non–cancellable operating leases are as follows:
Future minimum lease payments by maturity
2009 2008
Within 1 year 1,094 1,072
More than 1 year but less than 5 years 1,893 2,072
More than 5 years 44
2,991 3,148
2.1 Consolidated annual accounts
ING Group Annual Report 2009
124
Notes to the consolidated balance sheet of ING Group (continued)