ING Direct 2011 Annual Report Download - page 158

Notes to the consolidated annual accounts of ING Group continued
22 ASSETS BY CONTRACTUAL MATURITY
Amounts presented in these tables by contractual maturity are the amounts as presented in the balance sheet.
Assets by contractual maturity
2011
Less than
1 month (1)
1–3
months
3–12
months
1–5
years
Over 5
years
Maturity not
applicable Total
Cash and balances with central banks 31,194 31,194
Amounts due from banks 26,168 4,420 5,211 8,146 1,378 45,323
Financial assets at fair value through profit and loss
– trading assets 40,037 7,797 12,068 25,751 37,572 463 123,688
– investments for risk of policyholders (2) 116,438 116,438
– non-trading derivatives 637 521 1,789 5,913 8,299 17,159
– designated as at fair value through profit and loss 52 78 790 1,212 1,565 1,740 5,437
Investments
– available-for-sale 3,860 3,578 15,025 58,620 105,429 22,027 208,539
– held-to-maturity 285 999 1,029 6,314 241 8,868
Loans and advances to customers 71,742 13,229 34,457 147,566 331,381 4,150 602,525
Reinsurance contracts 17 39 234 1,026 2,656 1,898 5,870
Intangible assets 4 8 239 487 166 2,654 3,558
Deferred acquisition costs 19 22 98 698 3,630 5,737 10,204
Assets held for sale (3) 62,483 62,483
Other assets 10,857 3,190 7,407 4,094 4,969 499 31,016
Remaining assets (where maturities are
not applicable) (4) 6,926 6,926
Total assets 184,872 96,364 78,347 259,827 497,286 162,532 1,279,228
(1) Includes assets on demand.
(2)
Investments for risk of policyholders are managed on behalf of policyholders on a fair value basis. Although individual instruments may (or may not)
have a maturity depending on their nature, this does not impact the liquidity position of ING.
(3)
Assets held for sale consist of the assets of the disposal groups classified as held for sale as disclosed in Note 11 ‘Assets and liabilities held for sale’.
The maturity is based on the classification as disposal group held for sale.
(4)
Included in remaining assets where maturities are not applicable are property and equipment, real estate investments and investments in associates.
Due to their nature remaining assets consist mainly of assets expected to be recovered after more than 12 months.
Assets by contractual maturity
2010
Less than
1 month (1)
1–3
months
3–12
months
1–5
years
Over 5
years
Maturity not
applicable Total
Cash and balances with central banks 13,072 13,072
Amounts due from banks 30,770 4,608 4,706 9,447 2,297 51,828
Financial assets at fair value through profit and loss
– trading assets 42,785 8,875 11,569 34,468 27, 423 555 125,675
– investments for risk of policyholders (2) 120,481 120,481
– non-trading derivatives 474 184 864 4,637 5,563 11,722
– designated as at fair value through profit and loss 140 53 917 1,291 1,902 1,713 6,016
Investments
– available-for-sale 4,551 3,842 14,273 72,824 103,375 23,682 222,547
– held-to-maturity 328 879 1,143 8,786 557 11,693
Loans and advances to customers 69,678 15,101 34,354 142,308 3 47, 4 41 4,322 613,204
Reinsurance contracts 17 32 142 727 2,729 2,142 5,789
Intangible assets 612 295 698 195 4,166 5,372
Deferred acquisition costs 20 24 109 820 3,149 6,377 10,499
Assets held for sale (3) 681 681
Other assets 13,043 3,137 7,890 6,052 5,518 829 36,469
Remaining assets (where maturities are
not applicable) (4) 11,957 11,957
Total assets 174,884 36,747 76,943 282,058 50 0,149 176,224 1, 247, 0 0 5
(1) Includes assets on demand.
(2)
Investments for risk of policyholders are managed on behalf of policyholders on a fair value basis. Although individual instruments may (or may not)
have a maturity depending on their nature, this does not impact the liquidity position of ING.
(3)
Assets held for sale consist of the assets of the disposal groups classified as held for sale as disclosed in Note 11 ‘Assets and liabilities held for sale’.
The maturity is based on the classification as disposal group held for sale.
(4)
Included in remaining assets where maturities are not applicable are property and equipment, real estate investments and investments in associates.
Due to their nature remaining assets consist mainly of assets expected to be recovered after more than 12 months.
156 ING Group Annual Report 2011