ING Direct 2008 Annual Report Download - page 86

2.1 Consolidated annual accounts
Consolidated balance sheet of ING Group
as at 31 December
amounts in millions of euros 2008 2007
ASSETS
Cash and balances with central banks 122,045 12,406
Amounts due from banks 248,447 48,875
Financial assets at fair value through profit and loss 3
– 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
Investments 4
– available-for-sale 242,852 275,897
– held-to-maturity 15,440 16,753
Loans and advances to customers 5619,791 552,964
Reinsurance contracts 17 5,797 5,874
Investments in associates 64,355 5,014
Real estate investments 74,300 4,829
Property and equipment 86,396 6,237
Intangible assets 96,915 5,740
Deferred acquisition costs 10 11,843 10,692
Other assets 11 62,977 40,099
Total assets 1,331,663 1,312,510
EQUITY
Shareholders’ equity (parent) 12 17,334 37,20 8
Non-voting equity securities 12 10,000
27,334 37,20 8
Minority interests 1,594 2,323
Total equity 28,928 39,531
LIABILITIES
Preference shares 13 21
Subordinated loans 14 10,281 7,325
Debt securities in issue 15 96,488 66,995
Other borrowed funds 16 31,198 27,058
Insurance and investment contracts 17 240,790 265,712
Amounts due to banks 18 152,265 166,972
Customer deposits and other funds on deposit 19 522,783 525,216
Financial liabilities at fair value through profit and loss 20
– trading liabilities 152,616 148,988
– non-trading derivatives 21,773 6,951
– designated as at fair value through profit and loss 14,009 13,882
Other liabilities 21 60,532 43,859
Total liabilities 1,302,735 1,272,979
Total equity and liabilities 1,331,663 1,312,510
References relate to the notes starting on page 107. These form an integral part of the consolidated annual accounts.
ING Group Annual Report 2008
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