ING

Segmental information - ING NV

Period End: 
31 December 2009
Period End Date: 
2009-12-31
Listing Status: 
S&P Europe 350
ICB Industry Classification: 
8575 Life Insurance
Auditor: 
Ernst & Young

ING Groep NV Period End 31 December 2009

ING Groep NV Annual Report 2009
Error in presenting maturity analysis of financial liabilities not corrected retrospectively
Dutch bank ING changes to present a maturity analysis of its financial liabilities on an undiscounted basis and attributes this to amendments to an IFRS and does not restate, although we consider there was previous non-compliance with the original IFRS on this matter and therefore comparatives should have been restated.

ING Groep NV Period End 31 December 2009

ING Groep NV Annual Report 2009
Error in presenting maturity analysis of financial liabilities not corrected retrospectively
Dutch bank ING changes to present a maturity analysis of its financial liabilities on an undiscounted basis and attributes this to amendments to an IFRS and does not restate, although we consider there was previous non-compliance with the original IFRS on this matter and therefore comparatives should have been restated.

ING Groep NV Period End 31 December 2005

Significant movements with opposite effects generate net increase in equity of €906 million
Move to IFRS of Dutch financial services company ING results in a €906 million increase in net assets as at 1 January 2005 although there are significant individual movements with opposite effects.