ING Direct 2008 Annual Report Download - page 178
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2.1 Consolidated annual accounts
Segment reporting (continued)
Business segments
2006
Insurance
Europe
Insurance
Americas
Insurance
Asia/
Pacific
Wholesale
Banking
Retail
Banking ING Direct Other
Total
segments Eliminations Total
Income
– external 15,893 29,775 13,310 6,135 7,20 6 2,216 –914 73,621 73,621
– inter-segment 278 468 –1,397 –40 73 2,375 1,361 –1,361
Total income 16,171 29,779 13,378 4,738 7,16 6 2,289 1,461 74,982 –1,361 73,621
Segment result before
taxation 2,362 1,992 636 2,052 2,364 691 –157 9,940 9,940
Divestments –113 –15 44 3–81 –81
Underlying result before
taxation 2,249 1,992 621 2,096 2,364 694 –157 9,859 9,859
Segment assets 117,10 6 162,229 54,454 724,984 354,089 253,160 205,236 1,871,258 – 6 4 4,951 1,226,307
Segment liabilities 102,827 152,599 50,204 717,915 348,808 249,792 159,635 1,781,780 –596,688 1,185,092
Share in profit or loss
of associates 447 8176 11 –4 638 638
Book value of associates 2,981 14 21,141 57 148 4,343 4,343
Cost incurred to acquire
property, equipment
and intangibles 1,322 243 90 226 182 144 32,210 2,210
Significant non-cash
expenses
– Depreciation and
amortisation 287 915 627 171 216 74 2,290 2,290
– Impairments 110 16 431 31
– Reversal of
impairments 4 4 4
– Addition to loan
loss provision –133 176 60 103 103
Interest income (external) and interest expense (external) breakdown by business line
2008
Insurance
Europe
Insurance
Americas
Insurance
Asia/Pacific
Wholesale
Banking
Retail
Banking ING Direct Other Total
Interest income 2,543 4,311 912 67,834 15,754 13,293 444 105,091
Interest expense 87 333 460,855 12,792 10,501 2,375 86,947
2,456 3,978 908 6,979 2,962 2,792 –1,931 18,14 4
Interest income (external) and interest expense (external) breakdown by business line
2007
Insurance
Europe
Insurance
Americas
Insurance
Asia/Pacific
Wholesale
Banking
Retail
Banking ING Direct Other Total
Interest income 3,026 4,603 975 49,753 15,068 12,040 68 85,533
Interest expense 85 376 443,583 12,442 9,963 2,422 68,875
2,941 4,227 971 6,170 2,626 2,077 –2,354 16,658
Interest income (external) and interest expense (external) breakdown by business line
2006
Insurance
Europe
Insurance
Americas
Insurance
Asia/Pacific
Wholesale
Banking
Retail
Banking ING Direct Other Total
Interest income 3,307 4,604 911 35,897 12,366 10,435 406 67,926
Interest expense 25 466 430,028 9,705 8,309 2,457 50,994
3,282 4,138 907 5,869 2,661 2,126 –2,051 16,932
ING Group Annual Report 2008
176