Consolidated balance sheet of ING Group
as at 31 December

amounts in millions of euros  2008  2007
ASSETS    
Cash and balances with central banks 1  22,045  12,406
Amounts due from banks 2  48,447  48,875
Financial assets at fair value through profit and loss 3    
– trading assets  160,378  193,213
– investments for risk of policyholders  95,366  114,827
– non-trading derivatives  16,484  7,637
– designated as at fair value through profit and loss  8,277  11,453
Investments 4    
– available-for-sale  242,852  275,897
– held-to-maturity  15,440  16,753
Loans and advances to customers 5  619,791  552,964
Reinsurance contracts 17  5,797  5,874
Investments in associates 6  4,355  5,014
Real estate investments 7  4,300  4,829
Property and equipment 8  6,396  6,237
Intangible assets 9  6,915  5,740
Deferred acquisition costs 10  11,843  10,692
Other assets 11  62,977  40,099
Total assets  1,331,663  1,312,510
   
EQUITY    
Shareholders’ equity (parent) 12  17,334  37,208
Non-voting equity securities 12  10,000  
 27,334  37,208
Minority interests  1,594  2,323
Total equity  28,928  39,531
   
LIABILITIES    
Preference shares 13    21
Subordinated loans 14  10,281  7,325
Debt securities in issue 15  96,488  66,995
Other borrowed funds 16  31,198  27,058
Insurance and investment contracts 17  240,790  265,712
Amounts due to banks 18  152,265  166,972
Customer deposits and other funds on deposit 19  522,783  525,216
Financial liabilities at fair value through profit and loss 20    
– trading liabilities  152,616  148,988
– non-trading derivatives  21,773  6,951
– designated as at fair value through profit and loss  14,009  13,882
Other liabilities 21  60,532  43,859
Total liabilities  1,302,735  1,272,979
   
Total equity and liabilities  1,331,663  1,312,510

References relate to the notes to the consolidated balance sheet. These form an integral part of the consolidated annual accounts.

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