ING Direct 2015 Annual Report Download - page 106

Contents
Who we are
Report of the
Management
Board
Corporate
Governance
Consolidated
annual accounts
Parent company
annual accounts
Other
information
Additional
information
Notes to the Consolidated annual accounts of ING Bank - continued
Equity – Other comprehensive income
2015
2014
2013
Remeasurement of the net defined benefit asset/liability
–14
103
278
Unrealised revaluations available-for-sale investments and other
111
–293
185
Realised gains/losses transferred to profit and loss (reclassifications from equity to profit and loss)
39
49
40
Changes in cash flow hedge reserve
22
–554
30
Exchange rate differences and other
–29
–48
–25
Total income tax related to components of other comprehensive income
129
–743
508
36 Fair value of assets and liabilities
a) FinanciaI assets and liabilities
The following table presents the estimated fair values of ING Bank’s financial assets and liabilities. Certain balance sheet items are not
included in the table, as they do not meet the definition of a financial asset or liability. The aggregation of the fair values presented
below does not represent, and should not be construed as representing, the underlying value of ING Bank.
Estimated fair value
Balance sheet value
2015
2014
2015
2014
Financial assets
Cash and balances with central banks
21,458
12,222
21,458
12,222
Amounts due from banks
30,101
37,223
29,966
37,122
Financial assets at fair value through profit and loss
– trading assets
131,485
136,964
131,485
136,964
– non-trading derivatives
3,216
4,303
3,216
4,303
– designated as at fair value through profit and loss
3,234
2,756
3,234
2,756
Investments
– available-for-sale
87,000
95,401
87,000
95,401
– held-to-maturity
7,855
2,277
7,826
2,239
Loans and advances to customers
547,493
529,342
536,543
518,119
Other assets1
11,340
11,641
11,340
11,641
843,182
832,129
832,068
820,767
Financial liabilities
Subordinated loans
16,053
17,111
15,920
16,599
Debt securities in issue
117,860
121,928
117,556
120,959
Amounts due to banks
34,329
30,688
33,808
30,003
Customer deposits and other funds on deposit
509,334
490,329
508,740
489,281
Financial liabilities at fair value through profit and loss
– trading liabilities
88,807
97,091
88,807
97,091
– non-trading derivatives
4,364
6,357
4,364
6,357
– designated as at fair value through profit and loss
12,616
13,551
12,616
13,551
Other liabilities2
11,513
12,043
11,513
12,043
794,876
789,098
793,324
785,884
1 Other assets do not include (deferred) tax assets, net defined benefit asset and property development and obtained from foreclosures.
2 Other liabilities do not include (deferred) tax liabilities, net defined benefit liability, prepayments received under property under development, other provisions and
other taxation and social security contributions.
Income tax related to components of other comprehensive income
Fair value of financial assets and liabilities
ING Bank Annual Report 2015 104