ING Direct 2011 Annual Report Download - page 290

amounts in millions of euros
Share
capital
Share
premium
Non-voting
equity
securities
Share of
associates
reserve
Currency
translation
reserve
Other
reserves (1) Total
Balance as at 1 January 2010 919 16,034 5,000 1,982 –955 15,665 38,645
Unrealised revaluations after taxation 3,549 –72 3,477
Realised gains/losses transferred to profit and loss 86 86
Transfer to insurance liabilities/DAC –1,644 –1,644
Change in cash flow hedge reserve revaluations 475 475
Unrealised revaluations from net
investment hedges –777 –777
Exchange rate differences 2,851 16 2, 867
Other revaluations
Total amount recognised directly in equity 4,540 16 –72 4,484
Net result 2,810 2,810
4,540 16 2,738 7,294
Transfer to share of associates reserve 91 –91
Employee stock option and share plans –57 –57
Purchases/sales of treasury shares 22 22
Balance as at 31 December 2010 919 16,034 5,000 6,613 –939 18,277 45,904
Unrealised revaluations after taxation 921 224 1,145
Realised gains/losses transferred to profit and loss 723 723
Transfer to insurance liabilities/DAC –2,004 –2,004
Change in cash flow hedge reserve 1,124 1,124
Unrealised revaluations from net
investment hedges 167 167
Exchange rate differences –150 –3 –153
Other revaluations
Total amount recognised directly in equity 781 –3 224 1,002
Net result 5,766 5,766
781 –3 5,990 6,768
Transfer to share of associates reserve 706 –706
Employee stock option and share plans –59 –59
Repayment of non-voting equity securities –2,000 –2,000
Repurchase premium –1,000 –1,000
Purchases/sales of treasury shares 50 50
Balance as at 31 December 2011 919 16,034 3,000 8,100 –942 22,552 49,663
(1) Other reserves includes Retained earnings, Treasury shares, Other reserves and Unappropriated result.
Parent company statement of changes in equity
of ING Group
for the years ended 31 December
288 ING Group Annual Report 2011