ING Direct 2008 Annual Report Download - page 141

139
ING Group Annual Report 2008
22 ASSETS AND LIABILITIES BY CONTRACTUAL MATURITY
Assets and liabilities by contractual maturity
Less than
1 month
1-3
months
3-12
months
1-5
years
Over 5
years
Maturity
not
applicable Total
2008
ASSETS
Cash and balances with central banks 22,045 22,045
Amounts due from banks 32,620 3,086 5,019 6,299 1,423 48,447
Financial assets at fair value through profit and loss
– trading assets 52,759 13,871 22,061 36,396 34,784 507 160,378
– investments for risk of policyholders (1) 95,366 95,366
– non-trading derivatives 2,456 1,024 1,521 3,907 7,531 45 16,484
– designated as at fair value through profit and loss 703 232 829 2,057 2,154 2,302 8,277
Investments
– available-for-sale 4,508 10,485 14,589 77,844 101,595 33,831 242,852
– held-to-maturity 74 139 1,109 10,758 3,360 15,440
Loans and advances to customers 145,911 16,390 30,279 111,262 314,858 1,091 619,791
Reinsurance contracts 30 46 204 886 1,148 3,483 5,797
Intangible assets 3 7 315 810 2,268 3,512 6,915
Deferred acquisition costs 11,843 11,843
Other assets 15,446 19,981 9,526 7,075 8,254 2,695 62,977
Remaining assets (where maturities are not applicable) (2) 15,051 15,051
Total assets 276,555 65,261 85,452 257, 294 477, 375 169,726 1,331,663
LIABILITIES
Preference shares
Subordinated loans 10,281 10,281
Debt securities in issue 25,666 24,299 11,886 24,585 10,052 96,488
Other borrowed funds 3,354 4,700 2,668 6,505 13,971 31,198
Insurance and investment contracts 2,345 2,485 9,289 33,569 93,538 99,564 240,790
Amounts due to banks 83,456 38,600 17,626 9,454 3,129 152,265
Customer deposits and other funds on deposit 438,451 18,801 49,951 12,843 2,737 522,783
Financial liabilities at fair value through profit and loss
– trading liabilities 62,251 13,121 16,632 31,011 29,598 3152,616
– non-trading derivatives 1,316 882 1,134 7,831 10,575 35 21,773
– designated as at fair value through profit and loss 573 833 2,429 5,935 4,239 14,009
Other liabilities 17,053 20,802 9,540 7,855 3,715 1,567 60,532
Total liabilities 634,465 124,523 121,155 139,588 171,554 111,450 1,302,735
(1) 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.
(2)
Included in remaining assets where maturities are not applicable are:
– property and equipment
– real estate investments
– investments in associates.
Note: Due to their nature remaining assets consist mainly of assets expected to be recovered after more than 12 months.
Amounts presented in this table by contractual maturity are on an undiscounted basis, excluding interest receivable/payable.
Additional information to the consolidated balance sheet of ING Group
amounts in millions of euros, unless stated otherwise