ING Direct 2015 Annual Report Download - page 129

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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
42 Offsetting financial assets and liabilities
The following tables include information about rights to offset and the related arrangements. The amounts included consist of all
recognised financial instruments that are presented net in the balance sheet under the IFRS-EU offsetting requirements (legal right to
offset and intention to net settle) and amounts presented gross in the balance sheet but subject to enforceable master netting
arrangements or similar arrangement.
Related amounts not offset
in the balance sheet
2015
Gross
amounts of
recognised
financial
assets
Gross
amounts of
recognised
financial
liabilities
offset in
the balance
sheet
Net
amounts of
financial
assets
presented
in the
balance
sheet
Financial
instruments
Cash and
financial
instruments
received as
collateral Net amount
Balance sheet line item
Financial instrument
Amounts due from banks
Reverse repurchase, securities
borrowing and similar
agreements 151 151 151
Other
3
–3
154
–3
151
–
151
–
Financial assets at fair value
through profit and loss
Trading assets
Derivatives
28,362
–815
27,547
25,204
104
2,239
Reverse repurchase, securities
borrowing and similar agreements
65,854
–22,569
43,285
242
31,260
11,783
94,216
–23,384
70,832
25,446
31,364
14,022
Non-trading derivatives
Derivatives
70,226
–67,843
2,383
2,138
–3
248
70,226
–67,843
2,383
2,138
–3
248
Loans and advances to
customers
Reverse repurchase, securities
borrowing and similar agreements
74
74
74
Other
172,530
–166,337
6,193
397
5,796
172,604
–166,337
6,267
74
397
5,796
Other items where offsetting
is applied in the balance
sheet
3,576
–3,477
99
4
95
Impact of enforceable master
netting arrangements or
similar arrangements
1
Derivatives
–7,104 3,791 3,313
–
–
–
–7,104
3,791
3,313
Total financial assets
340,776
–261,044
79,732
20,558
35,700
23,474
1 The line ‘Impact of enforceable master netting agreements or similar arrangements’ contains derivative positions under the same master netting arrangements
being presented in different balance sheet line items.
Financial assets subject to offsetting, enforceable master netting arrangements and similar agreements
ING Bank Annual Report 2015 127