ING Direct 2015 Annual Report Download - page 65

Download and view the complete annual report

Please find page 65 of the 2015 ING Direct annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 286

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166
  • 167
  • 168
  • 169
  • 170
  • 171
  • 172
  • 173
  • 174
  • 175
  • 176
  • 177
  • 178
  • 179
  • 180
  • 181
  • 182
  • 183
  • 184
  • 185
  • 186
  • 187
  • 188
  • 189
  • 190
  • 191
  • 192
  • 193
  • 194
  • 195
  • 196
  • 197
  • 198
  • 199
  • 200
  • 201
  • 202
  • 203
  • 204
  • 205
  • 206
  • 207
  • 208
  • 209
  • 210
  • 211
  • 212
  • 213
  • 214
  • 215
  • 216
  • 217
  • 218
  • 219
  • 220
  • 221
  • 222
  • 223
  • 224
  • 225
  • 226
  • 227
  • 228
  • 229
  • 230
  • 231
  • 232
  • 233
  • 234
  • 235
  • 236
  • 237
  • 238
  • 239
  • 240
  • 241
  • 242
  • 243
  • 244
  • 245
  • 246
  • 247
  • 248
  • 249
  • 250
  • 251
  • 252
  • 253
  • 254
  • 255
  • 256
  • 257
  • 258
  • 259
  • 260
  • 261
  • 262
  • 263
  • 264
  • 265
  • 266
  • 267
  • 268
  • 269
  • 270
  • 271
  • 272
  • 273
  • 274
  • 275
  • 276
  • 277
  • 278
  • 279
  • 280
  • 281
  • 282
  • 283
  • 284
  • 285
  • 286

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
Data
processing equipment
Fixtures and fittings
and other equipment Total
2015
2014
2015
2014
2015
2014
Opening balance
265
289
733
781
998
1,070
Additions
140
124
176
168
316
292
Disposals
–6
–13
–7
–13
–13
–26
Depreciation
–125
–122
–186
–185
–311
–307
Impairments
–4
–3
–7
Exchange rate differences
–4
1
–1
1
–5
2
Changes in the composition of the group and other changes
–7
–10
–7
–16
–14
–26
Closing balance
263
265
708
733
971
998
Gross carrying amount as at 31 December
1,092
1,052
2,482
2,368
3,574
3,420
Accumulated depreciation as at 31 December
–828
–786
–1,774
–1,635
–2,602
–2,421
Accumulated impairments as at 31 December
–1
–1
–1
–1
Net carrying value as at 31 December
263
265
708
733
971
998
10 Intangible assets
Goodwill
Software
Other
Total
2015
2014
2015
2014
2015
2014
2015
2014
Opening balance
1,061
1,035
574
538
20
33
1,655
1,606
Additions
134
130
134
130
Capitalised expenses
122
127
122
127
Amortisation
–265
–237
–5
–13
–270
–250
Impairments
–15
–1
–15
–1
Exchange rate differences
–70
26
–1
–1
–71
25
Disposals
–1
–2
–1
–2
Changes in the composition of the group and
other changes
–6 18 20 1 13 20
Closing balance
985
1,061
567
574
15
20
1,567
1,655
Gross carrying amount as at 31 December
985
1,061
1,706
1,579
29
24
2,720
2,664
Accumulated amortisation as at 31 December
–1,128
–1,002
–12
–2
–1,140
–1,004
Accumulated impairments as at 31 December
–11
–3
–2
–2
–13
–5
Net carrying value as at 31 December
985
1,061
567
574
15
20
1,567
1,655
Amortisation of software and other intangible assets is included in the profit and loss account in Other operating expenses.
Goodwill
Changes in Goodwill
In addition to exchange rate differences, changes in goodwill related to impairments and changes in composition of the group.
Changes in equipment
Changes in intangible assets
ING Bank Annual Report 2015 63