ING Direct 2011 Annual Report Download - page 98

Consolidated statement of changes
in equity of ING Group
for the years ended 31 December
amounts in millions of euros
Share
capital
Share
premium Reserves
Total
shareholders’
equity
(parent)
Non-voting
equity
securities
Minority
interests Total equity
Balance as at 1 January 2009 (before change
inaccounting policy) 495 9,182 7,657 17,334 10,000 1,594 28,928
Effect of change in accounting policy (1) –145 –145 –145
Balance as at 1 January 2009 (restated) 495 9,182 7,512 17,189 10,000 1,594 28,783
Unrealised revaluations after taxation 11,874 11,874 –7 11,867
Realised gains/losses transferred to profit and loss 1,554 1,554 1,554
Changes in cash flow hedge reserve –805 –805 –805
Transfer to insurance liabilities/DAC –2,079 –2,079 –2,079
Exchange rate differences 53 53 3 56
Other revaluations –1 –1 –9 –10
Total amount recognised directly in equity 10,596 10,596 –13 10,583
Net result –1,006 –1,006 –118 –1,124
Total comprehensive income 9,590 9,590 –131 9,459
Issuance costs incurred –222 –222 –222
Employee stock option and share plans 64 64 64
Repayment of non-voting equity securities –5,000 –5,000
Changes in the composition of the group –546 –546
Dividend and repurchase premium (2) –605 –605 –2 –607
Proceeds from rights issue 424 7,074 7,49 8 7,49 8
Purchase/sale of treasury shares 129 129 129
Balance as at 31 December 2009 919 16,034 16,690 33,643 5,000 915 39,558
Unrealised revaluations after taxation 2,607 2,607 –4 2,603
Realised gains/losses transferred to profit and loss 86 86 86
Changes in cash flow hedge reserve 475 475 475
Transfer to insurance liabilities/DAC –1,644 –1,644 –1,644
Exchange rate differences 2,867 2,867 –8 2,859
Other revaluations 2 2 –3 –1
Total amount recognised directly in equity 4,393 4,393 –15 4,378
Net result 2,810 2,810 106 2,916
Total comprehensive income 7,203 7,203 91 7, 294
Employee stock option and share plans 36 36 36
Changes in the composition of the group –271 –271
Dividend –6 –6
Purchase/sale of treasury shares 22 22 22
Balance as at 31 December 2010 919 16,034 23,951 40,904 5,000 729 46,633
(1) The change in accounting policy is disclosed in the section ‘Changes in accounting policies’ on page 99.
(2) The 2009 amount of EUR 605 million includes the coupon (EUR 259 million) and repurchase premium (EUR 346 million) on the repayment of EUR 5 billion
non-voting equity securities.
96 ING Group Annual Report 2011