Contents
About Rabobank Group
Report of the Executive Board
The Report of the Executive Board has
grown considerably in size over the
years. A transparent narrative to
accompany the financial data is
indispensable nowadays. The Report
of the Executive Board contains an
extensive account of the bank's policy
Aspects of governance
Corporate governance, i.e. the way
the bank is managed and supervised,
is a strong element within Rabobank
Group. This section in the Annual
Report discusses in extenso how
Rabobank Group is managed at each
level. To many, the governance of one
Financial statements
Annual Report on the web
Who we are, what we do and how we
do it - that is what this section of
Rabobank Group's Annual Report is
about. Chairman Bert Heemskerk
gives his views on 2007 and looks
ahead at 2008. It is a comprehensive
profile, which includes Rabobank
Group's strategy and the policy
principles for the years ahead -
striving for growth, with long-term
sustainability always in mind.
Finally, this section sets out Rabobank
Group's structure.
in 2007, with detailed discussions of
the big picture, such as Group results
and market trends, but also of
developments at the local Rabobanks,
Rabobank International, Robeco,
Sarasin, De Lage Landen and Rabo
Bouwfonds. Their structures and
strategies are explained clearly, as is
their synergy within Rabobank Group.
Risk management, which is an
important theme in today's financial
world, obviously receives a great deal of
attention in the Annual Report.
And, last but not least, the members,
staff, sponsoring, and corporate social
responsibility are discussed extensively.
of the oldest cooperatives in the
Netherlands might not be as
transparent as that of a listed
enterprise. Be that as it may,
Rabobank Group uses a set of unique
checks and balances at all its levels
that make up corporate governance
that, in many respects, is even stricter
than in listed enterprises. This chapter
is followed by the detailed Report of
the Supervisory Board. This discusses
developments in 2007, focusing on
the major events.
This section in the Annual Report
contains the key annual figures,
including the balance sheet, the profit
and loss account, the statement of
changes in equity, a statement of cash
flows, the business segments plus the
auditor's report. Naturally, far more
detailed financial statements are
available, including detailed notes.
Copies of the Annual Report can be
ordered via www.rabobank.com, but
can also be downloaded as a file from
that site. On the website, any desired
information in the Annual Report can
be found quickly and easily with the
aid of a convenient search tool.
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Rabobank Group Annual Report 2007
