ING Direct 2009 Annual Report Download - page 133

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The unrealised revaluations after taxation relate to changes in the value of hedging instruments that are designated as net investment hedges.
Changes in other reserves
2009
Retained
earnings
Share of
associates
reserve
Treasury
shares
Other
reserves Total
Opening balance 23,232 726 –866 –5,015 18,077
Result for the year –935 –935
Unrealised revaluations after taxation –273 –5 –278
Changes in treasury shares 129 129
Transfer to share of associates reserve 76 –76
Dividend and repayment premium –259 –346 –605
Employee stock options and share plans 64 64
Closing balance 21,905 645 –737 –5,361 16,452
Dividend and repayment premium includes the coupon (EUR 259 million) and repayment premium (EUR 346 million) on the repayment
of EUR 5 billion non-voting equity securities.
Changes in other reserves
2008
Retained
earnings
Share of
associates
reserve Treasury shares Other reserves Total
Opening balance 27,025 1,202 –3,740 –135 24,352
Result for the year –360 –369 –729
Unrealised revaluations after taxation –77 106 29
Changes in treasury shares –2,030 –2,030
Dividend –3,387 –213 –3,600
Employee stock options and share plans 31 31
Issuance costs incurred –20 –20
Cancellation of shares 4,904 –4,860 44
Closing balance 23,232 726 –866 –5,015 18,077
Changes in other reserves
2007
Retained
earnings
Share of
associates
reserve Treasury shares Other reserves Total
Opening balance 20,700 1,181 –1,436 –37 20,408
Result for the year 8,894 347 9,241
Unrealised revaluations after taxation –98 –98
Changes in treasury shares –2,304 –2,304
Dividend –2,826 –173 –2,999
Employee stock options and share plans 104 104
Other 153 –153
Closing balance 27,025 1,202 –3,740 –135 24,352
Changes in treasury shares
Amount Number
2009 2008 2007 2009 2008 2007
Opening balance 866 3,740 1,436 36,457,118 126,759,829 53,859,235
Purchased/sold 47 2,159 2,505 11,648,765 94,105,700 79,652,109
Rights issue –64
Cancelled –4,904 –183,158,017
Share-based payments –27 –22 –201 –1,058,658 –1,250,394 – 6,751,515
Other –85 –107
Closing balance 737 866 3,740 47,047,225 36,457,118 126,759,829
2.1 Consolidated annual accounts
ING Group Annual Report 2009 131
Notes to the consolidated balance sheet of ING Group (continued)