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Inhoudsopgave Voorwoord Bestuursverslag Corporate governance Consolidated Financial Statements Company Financial Statements Pillar 3
The third pillar for managing liquidity risk consists of a good
credit rating, high capital levels and prudent funding policies.
Rabobank takes various measures to avoid becoming overly
dependent on a single source of funding. These include
balanced diversification of financing sources with respect to
maturity, currencies, investors, geography and markets, a high
degree of unsecured funding and therefore limited asset
encumbrance, and an active and consistent investor-relations
policy play a major role.
Furthermore, scenario analyses are performed each month
to determine the potential consequences of a wide range of
stress scenarios.The analyses cover market-specific scenarios,
Rabobank-specific scenarios and a combination of both.
Monthly reports on the Group's overall liquidity position
are submitted to the Dutch Central Bank.These reports are
prepared in accordance with the guidelines drawn up by this
supervisory authority.
The table below shows the undiscounted liabilities grouped
according to the remaining liquidity period from the reporting
date to the expected contract repayment date.The total
amounts do not correspond exactly with the amounts in the
consolidated statement of financial position because this table
is based on undiscounted contractual cash flows relating to
both principal and future interest payments. Derivatives have
not been analysed on the basis of the contractual due date,
because they are not essential for the management of liquidity
risk or for reporting to senior management.
Contractual repayment date
in millions of euros
On demand
Less than
3 months
3 months
to 1 year
1 - 5 years
Longer than
5 years
Total
On 31 December 2016
Liabilities
Deposits from banks
4,376
10,293
2,451
4,021
1,104
22,245
Deposits from customers
252,907
44,693
14,141
14,646
23,742
350,129
Debt securities in issue
33,370
38,687
68,561
32,012
172,630
Other liabilities (excluding employee benefits)
1,104
3,975
951
656
67
6,753
Financial liabilities held for trading
739
739
Financial liabilities designated at fair value
95
628
2,735
4,635
23,006
31,099
Subordinated liabilities
2,344
22,913
25,257
Total financial liabilities
258,482
93,698
58,965
94,863
102,844
608,852
Financial guarantees
11,595
11,595
Loan commitments
44,889
44,889
in millions of euros
On demand
Less than
3 months
3 months
to 1 year
7 -5 years
Longer than
5 years
Total
On 31 December 2015
Liabilities
Deposits from banks
2,911
9,465
2,521
3,492
795
19,184
Deposits from customers
254,264
46,182
12,534
13,290
23,848
350,118
Debt securities in issue
117
32,480
48,941
67,701
40,518
189,757
Other liabilities (excluding employee benefits)
1,471
3,741
1,060
614
48
6,934
Financial liabilities held for trading
573
573
Financial liabilities designated at fair value
59
615
2,434
4,696
21,088
28,892
Subordinated liabilities
50
10
2,435
21,524
24,019
Total financial liabilities
258,822
93,106
67,500
92,228
107,821
619,477
Financial guarantees
10,402
10,402
Loan commitments 46,674 - 46,674
201
Notes to the consolidated financial statements