ING Direct 2009 Annual Report Download - page 96

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 2007 530 8,348 29,388 38,266 2,949 41,215
Unrealised revaluations after taxation –1,135 –1,135 –109 –1,244
Realised gains/losses transferred to profit
and loss –3,186 –3,186 –3,186
Changes in cash flow hedge reserve –925 –925 –925
Transfer to insurance liabilities/DAC 1,132 1,132 51,137
Exchange rate differences (1) –1,381 –1,381 23 –1,358
Other revaluations 31 31
Total amount recognised directly in equity –5,495 –5,495 –50 –5,545
Net result 9,241 9,241 267 9,508
3,746 3,746 217 3,963
Employee stock option and share plans 104 104 104
Changes in the composition of the group –745 –745
Dividends (2) –2,999 –2,999 –40 –3,039
Purchase/sale of treasury shares –2,304 –2,304 –2,304
Exercise of warrants and options 4391 395 395
Change in minority interest shareholdings –58 –58
Balance as at 31 December 2007 534 8,739 27,935 37,208 2,323 39,531
Unrealised revaluations after taxation –18,437 –18,437 –48 –18,485
Realised gains/losses transferred to profit
and loss 2,476 2,476 2,476
Changes in cash flow hedge reserve 746 746 746
Transfer to insurance liabilities/DAC 2,193 2,193 2,193
Exchange rate differences –952 –952 –134 –1,086
Other revaluations –23 –23
Total amount recognised directly in equity –13,974 –13,974 –205 –14,179
Net result –729 –729 –37 –766
–14,703 –14,703 –242 –14,945
Issuance costs incurred –20 –20 –20
Employee stock option and share plans 31 31 31
Issue of non-voting equity securities 10,000 10,000
Changes in the composition of the group –455 –455
Dividends (3) –3,600 –3,600 –32 –3,632
Purchase/sale of treasury shares –44 –1,986 –2,030 –2,030
Exercise of warrants and options 5443 448 448
Balance as at 31 December 2008 495 9,182 7,657 17,33 4 10,000 1,594 28,928
(1) In 2007 Exchange rate differences include Exchange rate differences for the year of EUR –1,153 million and Realised gains/losses transferred to profit and loss
of EUR –228 million. Reference is made to Note 13 ‘Shareholders’ equity (parent)/non-voting equity securities’.
(2) 2006 final dividend of EUR 0.73 per ordinary share and 2007 interim dividend of EUR 0.66 per ordinary share.
(3) 2007 final dividend of EUR 0.82 per ordinary share, 2008 interim dividend of EUR 0.74 per ordinary share and final dividend of EUR 0.425 per non-voting
equity security.
2.1 Consolidated annual accounts
ING Group Annual Report 2009
94
Consolidated statement of changes in equity of ING Group
for the years ended 31 December