ING Direct 2015 Annual Report Download - page 77

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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
21 Investment income
2015
2014
2013
Income from real estate investments
4
6
23
Dividend income
63
36
94
67
42
117
Realised gains/losses on disposal of debt securities
127
142
129
Impairments of available-for-sale debt securities
–17
–1
Reversal of impairments of available-for-sale debt securities
1
2
Realised gains/losses and impairments of debt securities
110
143
130
Realised gains/losses on disposal of equity securities
67
39
61
Impairments of available-for-sale equity securities
–117
–14
–3
Realised gains/losses and impairments of equity securities
–50
25
58
Change in fair value of real estate investments
3
Investment income
127
213
305
Impairments and reversals of impairments on investments are presented within Investment income, which is part of Total income.
In 2015, investment income includes impairments of EUR –134 million, of which EUR –129 million (2014: EUR –14 million; 2013: EUR –3
million) related to segments Wholesale Banking, EUR –5 million to Retail Belgium (nil in 2014 and 2013) and nil to Corporate Line
Banking (2014: nil; 2013: EUR –1 million). In 2013, Reversals of impairments comprise nil (2014: EUR 1 million; 2013: EUR 2 million). The
Reversal of impairments in 2014 and 2013 related to Wholesale Banking.
22 Result on disposal of group companies
2015
2014
2013
Baring Private Equity Partners
7
ING Lease UK
–5
ING Vysya
202
ING Direct USA
5
ING Direct Canada
1
ING Direct UK
10
Other
–7
10
2
195
26
In 2015, the Result on disposal of group companies includes EUR 7 million realised deferred profits on divestments in prior periods
related to Baring Private Equity Partners and a release of goodwill related to the disposal of the remaining portfolios of ING Lease (UK).
Reference is made to Note 10 ‘Intangible assets’.
In 2014, Result on disposal of group companies included EUR 202 million profit on the deconsolidation of ING Vysya. Reference is made
to Note 50 ‘Other events’.
Investment income
Result on disposal of group companies
ING Bank Annual Report 2015 75