ING Direct 2009 Annual Report Download - page 260

for the years ended 31 December
amounts in millions of euros Share capital
Share
premium
Non-voting
equity
securities
Share of
associates
reserve
Currency
translation
reserve
Other
reserves (1) Total
Balance as at 1 January 2008 534 8,739 6,053 –950 22,832 37, 208
Unrealised revaluations after taxation –19,042 324 –18,718
Realised gains/losses transferred to profit and loss 2,476 2,476
Transfer to insurance liabilities/DAC 2,193 2,193
Change in cash flow hedge reserve revaluations 746 746
Unrealised revaluations from net investment hedges 388 388
Exchange rate differences –951 –1 –952
Total amount recognised directly in equity –14,190 –1 324 –13,867
Net result –369 –360 –729
–14,559 –1 –36 –14,596
Issuance costs incurred –20 –20
Employee stock option and share plans –76 –76
Issue of non-voting equity securities 10,000 10,000
Dividend –213 –3,387 –3,600
Purchases/sales of treasury shares –44 –1,986 –2,030
Exercise of warrants and options 5443 448
Balance as at 31 December 2008 495 9,182 10,000 –8,719 –951 17,327 27,334
Unrealised revaluations after taxation 12,344 –112 12,232
Realised gains/losses transferred to profit and loss 1,406 1,406
Transfer to insurance liabilities/DAC –2,079 –2,079
Change in cash flow hedge reserve revaluations –805 –805
Unrealised revaluations from net investment hedges –294 –294
Exchange rate differences 208 –4 204
Total amount recognised directly in equity 10,780 –4 –112 10,664
Net result –935 –935
10,780 –4 –1,047 9,729
Transfer to share of associates reserve –76 76
Issuance costs incurred –222 –222
Repayment of non-voting equity securities –5,000 –5,000
Dividend and repayment premium (2) –605 –605
Proceeds from right issue 424 7,074 7, 498
Purchases/sales of treasury shares 129 129
Balance as at 31 December 2009 919 16,034 5,000 1,985 –955 15,880 38,863
(1) Other reserves includes Retained earnings, Treasury shares, Other reserves and Unappropriated result.
(2) The 2009 amount of EUR 605 million includes the coupon (EUR 259 million) and repayment premium (EUR 346 million) on the repayment of EUR 5 billion
non-voting equity securities.
ING Group Annual Report 2009
258
Parent company statement of changes in equity of ING Group
2.2 Parent company annual accounts