ING Direct 2015 Annual Report Download - page 91

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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
2015
Nether-
lands Belgium Germany
Other
Challen-
gers
Growth
Markets
Wholesale
Banking
Rest of
World Other Total
Underlying income
– Net interest result
4,677
2,287
1,812
1,219
1,147
1,600
2
12,744
– Commission income
754
497
215
149
267
442
–3
2,320
– Total investment and other income
187
434
120
5
330
600
–36
1,639
Total underlying income
5,619
3,217
2,146
1,373
1,743
2,643
–38
16,703
Underlying expenditure
– Operating expenses
3,220
1,943
917
805
1,061
1,038
247
9,231
– Additions to loan loss provision
654
166
77
98
176
175
1,347
Total underlying expenses
3,874
2,109
994
903
1,237
1,213
247
10,578
Underlying result before taxation
1,744
1,108
1,152
469
506
1,430
–285
6,125
Taxation
469
315
382
166
79
374
–83
1,703
Minority interests
6
2
64
72
Underlying net result
1,276
787
768
303
363
1,056
–203
4,350
Divestments
367
367
Special items
–58
–58
Net result IFRS-EU
1,218
787
768
303
730
1,056
–203
4,659
2014
Nether-
lands Belgium Germany
Other
Challen-
gers
Growth
Markets
Wholesale
Banking
Rest of
World Other Total
Underlying income
– Net interest result
4,699
2,447
1,616
1,158
1,072
1,625
–10
12,606
– Commission income
730
464
171
147
333
447
–1
2,290
– Total investment and other income
164
288
–17
44
266
123
–293
574
Total underlying income
5,593
3,198
1,770
1,349
1,671
2,194
–305
15,471
Underlying expenditure
– Operating expenses
3,403
1,931
837
723
1,018
905
147
8,965
– Additions to loan loss provision
947
146
67
185
125
123
1,594
Total underlying expenses
4,350
2,078
904
908
1,143
1,028
147
10,559
Underlying result before taxation
1,243
1,120
866
441
528
1,166
–452
4,912
Taxation
308
277
266
131
96
275
–83
1,271
Minority interests
2
1
77
79
Underlying net result
935
841
599
310
356
891
–369
3,562
Divestments
–2
204
202
Special items
–63
–957
–1,021
Net result IFRS-EU
872
841
599
308
560
891
–1,327
2,744
Geographical segments
Geographical segments
ING Bank Annual Report 2015 89