ING Direct 2011 Annual Report Download - page 99

Consolidated statement of changes in equity of ING Group continued
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 2011 919 16,034 23,951 40,904 5,000 729 46,633
Unrealised revaluations after taxation 1,138 1,138 1 1,139
Realised gains/losses transferred to profit and loss 723 723 723
Changes in cash flow hedge reserve 1,124 1,124 1,124
Transfer to insurance liabilities/DAC –2,004 –2,004 –2,004
Exchange rate differences –153 –153 –3 –156
Other revaluations –2 –2
Total amount recognised directly in equity 828 828 –4 824
Net result 5,766 5,766 87 5,853
Total comprehensive income 6,594 6,594 83 6,677
Employee stock option and share plans 115 115 115
Repayment of non-voting equity securities –2,000 –2,000
Repurchase premium –1,000 –1,000 –1,000
Changes in the composition of the group –1 –1
Dividend –34 –34
Purchase/sale of treasury shares 50 50 50
Balance as at 31 December 2011 919 16,034 29,710 46,663 3,000 777 50,440
Reserves include Revaluation reserve of EUR 5,550 million (2010: EUR 4,752 million; 2009: EUR 2,466 million), Currency translation reserve
of EUR 93 million (2010: EUR 79 million; 2009: EUR –2,011 million) and Other reserves of EUR 24,067 million (2010: EUR 19,120 million;
2009: EUR 16,235 million). Changes in individual components are presented in Note 13 ‘Shareholders’ equity (parent)/non-voting
equitysecurities’.
1 Who we are 2 Report of the Executive Board 3 Corporate governance 4 Consolidated annual accounts 5 Parent company annual accounts 6 Other information 7 Additional information
97ING Group Annual Report 2011