Movements in reserves
-
-
Annual figures 73
(in EUR millions)
2003
2002
Reserves can be broken down as follows:
Member Capital
3,853
3,851
Revaluation reserves
222
246
Other reserves
11,158
10,164
Trust Preferred Securities
2,037
650
17,270
14,911
Movements in reserves:
Member Capital
Balance at 1 January
3,851
2,276
Issue
2
1,575
Balance at 31 December
3,853
3,851
Revaluation reserves
Balance at 1 January
246
417
Revaluation
32
(152)
From/to other information
16
(13)
Released to profit and loss account
(72)
(6)
Balance at 31 December
222
246
This item includes the revaluation for immovable property, shares and
participating interests.
Other reserves
Balance at 1 January
10,164
9,687
To/from revaluation reserves
(16)
13
Goodwill
(213)
(635)
Other movements
89
55
Profit appropriation
1,134
1,044
Balance at 31 December 11,158 10,164
Significant equity interests acquired in 2003:
Boston Partners Asset Managers (Second tranche);
FGH Bank;
Lend Lease Agri-business, Inc (Name changed to Rabo Agrifinance);
AG Services of America, Inc (Name changed to Rabo AgServices);
In addition, the activities of Alex were acquired.
Trust Preferred Securities
Balance at 1 January
650
650
Issue
1,388
Revaluation
(1)
Balance at 31 December
2,037
650
