ING Direct 2015 Annual Report Download - page 125

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
2014
Less than 1
month
1
1–3
months
3–12
months
1–5
years
Over 5
years
Maturity
not
applicable
Total
Cash and balances with central banks
12,222
12,222
Amounts due from banks
20,866
6,754
4,581
4,313
608
37,122
Financial assets at fair value through profit and loss
– trading assets
47,925
17,676
21,458
22,836
27,069
136,964
– non-trading derivatives
222
137
198
1,142
2,604
4,303
– designated as at fair value through profit and loss
656
580
736
448
336
2,756
Investments
– available-for-sale
1,246
3,501
6,394
38,482
43,060
2,718
95,401
– held-to-maturity
90
883
251
658
357
2,239
Loans and advances to customers
60,469
14,648
33,204
135,725
274,073
518,119
Intangible assets
191
383
1,081
1,655
Assets held for sale2
729
729
Other assets
7,008
1,551
3,108
951
1,433
14,051
Remaining assets (for which maturities are not applicable)3
3,041
3,041
Total assets
150,704
45,730
70,850
204,938
349,540
6,840
828,602
1 Includes assets on demand.
2 Assets held for sale consist of the assets of the disposal groups classified as held for sale as disclosed in Note 11 ‘Assets held for sale’. For these assets and
liabilities, the underlying contractual maturities are no longer relevant for ING. For businesses for which a binding sale agreement exists, all related assets and
liabilities held for sale are classified in accordance with the agreed or expected closing date. For other businesses, for which no sale agreement exists, assets and
liabilities held for sale are included in ‘Maturity not applicable’.
3 Included in remaining assets for which maturities are not applicable are property and equipment, real estate investments and investments in associates. Due to
their nature remaining assets consist mainly of assets expected to be recovered after more than 12 months.
39 Liabilities by maturity
The tables below include all financial liabilities by maturity based on contractual, undiscounted cash flows. Furthermore, the
undiscounted future coupon interest on financial liabilities payable is included in a separate line and in the relevant maturity bucket.
Derivative liabilities are included on a net basis if cash flows are settled net. For other derivative liabilities the contractual gross cash
flow payable is included.
Non-financial liabilities are included based on a breakdown of the balance sheet amounts by expected maturity. Reference is made to
the liquidity risk paragraph in the section ‘Risk Management – Funding and liquidity risk’ for a description on how liquidity risk is
managed.
Assets by contractual maturity
ING Bank Annual Report 2015 123