ING Direct 2008 Annual Report Download - page 109

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ASSETS
1 CASH AND BALANCES WITH CENTRAL BANKS
Cash and balances with central banks
2008 2007
Amounts held at central banks 16,432 8,376
Cash and bank balances 5,052 3,664
Short term deposits insurance operations 561 366
22,045 12,406
2 AMOUNTS DUE FROM BANKS
Amounts due from banks
2008
Netherlands
2007 2008
International
2007 2008
Total
2007
Loans and advances to banks 15,234 14,451 25,556 31,339 40,790 45,790
Cash advances, overdrafts and other balances 4,800 1,065 2,942 2,033 7,742 3,098
20,034 15,516 28,498 33,372 48,532 48,888
Loan loss provision –11 –85 –2 –85 –13
20,034 15,505 28,413 33,370 48,447 48,875
As at 31 December 2008, Amounts due from banks included receivables with regard to securities which have been acquired in reverse
repurchase transactions amounting to EUR 3,005 million (2007: EUR 2,472 million) and receivables related to finance lease contracts
amounting to EUR 100 million (2007: EUR 232 million).
As at 31 December 2008, the non-subordinated receivables amounted to EUR 48,443 million (2007: EUR 48,705 million) and
the subordinated receivables amounted to EUR 4 million (2007: EUR 170 million).
No individual amount due from banks has terms and conditions that materially affect the amount, timing or certainty of consolidated
cash flows of the Group. For details on significant concentrations see ‘Risk management’ section.
3 FINANCIAL ASSETS AT FAIR VALUE THROUGH PROFIT AND LOSS
Financial assets at fair value through profit and loss
2008 2007
Trading assets 160,378 193,213
Investments for risk of policyholders 95,366 114,827
Non-trading derivatives 16,484 7, 637
Designated as at fair value through profit and loss 8,277 11, 453
280,505 327,130
Trading assets by type
2008 2007
Equity securities 2,352 11,112
Debt securities 26,652 37,345
Derivatives 71,925 28,592
Loans and receivables 59,449 116,164
160,378 193,213
As at 31 December 2008, the balance sheet value included equity securities which were lent or sold in repurchase transactions
amounting to EUR 1 million (2007: EUR 4 million) and nil (2007: nil), respectively. As at 31 December 2008, the balance sheet value
included debt securities which were lent or sold in repurchase transactions amounting to EUR 28 million (2007: EUR 386 million) and
EUR 1,904 million (2007: EUR 629 million), respectively.
Notes to the consolidated balance sheet of ING Group
amounts in millions of euros, unless stated otherwise
107
ING Group Annual Report 2008