ING Direct 2009 Annual Report Download - page 195

Interest income (external) and interest expense (external) breakdown by business lines
2008
Retail
Banking ING Direct
Commercial
Banking
Insurance
Europe
Insurance
Americas
Insurance
Asia/Pacific Other Total
Interest income 15,754 13,293 67,83 4 2,543 4,311 912 444 105,091
Interest expense 12,792 10,501 60,855 87 333 42,375 86,947
2,962 2,792 6,979 2,456 3,978 908 –1,931 18,14 4
Interest income (external) and interest expense (external) breakdown by business lines
2007
Retail
Banking ING Direct
Commercial
Banking
Insurance
Europe
Insurance
Americas
Insurance
Asia/Pacific Other Total
Interest income 15,068 12,040 49,753 3,026 4,603 975 68 85,533
Interest expense 12,442 9,963 43,583 85 376 42,422 68,875
2,626 2,077 6,170 2,941 4,227 971 –2,354 16,658
52 INFORMATION ON GEOGRAPHICAL AREAS
ING Group’s six business lines operate in seven main geographical areas: the Netherlands, Belgium, Rest of Europe, North America, Latin
America, Asia and Australia. The Netherlands is ING Group’s country of domicile. Geographical distribution of income is based on the
origin of revenue. A geographical area is a distinguishable component of the Group engaged in providing products or services within a
particular economic environment that is subject to risks and returns that are different from those of segments operating in other economic
environments. The geographical analyses are based on the location of the office from which the transactions are originated.
Geographical areas
2009 Netherlands Belgium
Rest of
Europe
North
America
Latin
America Asia Australia Other Eliminations Total
Total income 13,165 4,569 7,658 15,222 1,210 8,322 838 –150 –3,069 47,765
Total assets 526,248 156,059 317,312 291,658 15,671 80,594 33,889 28,871 –286,659 1,163,643
Geographical areas
2008 Netherlands Belgium
Rest of
Europe
North
America
Latin
America Asia Australia Other Eliminations Total
Total income 13,888 4,070 7,9 42 24,958 2,498 14,224 786 –513 –1,562 66,291
Total assets 740,436 173,064 428,722 290,340 25,199 108,074 37,124 45,139 –516,435 1,331,663
Geographical areas
2007 Netherlands Belgium
Rest of
Europe
North
America
Latin
America Asia Australia Other Eliminations Total
Total income 16,263 5,149 7,151 27,777 3,364 14,303 1,025 3,526 –1,972 76,586
Total assets 676,676 177,716 363,178 313,263 23,631 89,079 40,915 36,243 –408,191 1,312,510
2.1 Consolidated annual accounts
ING Group Annual Report 2009 193
Segment reporting (continued)