I
Consolidated statement of changes in equity
(187)
299 123
299 (64)
(299) (123)
1,007
415
10 -
6,233 2,779
(103)
194
29,377
(623)
70
12
(600)
315
(17)
(809) (843)
303 2,696
(506) 1,853
(422)
1,007
(415)
(550) (406)
2,713 31,409
2,713 31,409
472 (1,426)
(1)
(32)
56 (372)
511
(12)
528 (1,332)
155 2,754
683 1,422
In millions of euros
Equity of Rabobank
Nederland and local
Rabobanks
Rabobank
Member
Certificates
Capital
securities
and TPS
Minority
interests
Total
At 1 January 2007 17,426 5,808 1,959 4,184
Arising in the period (after taxation):
Net fair value changes - available for sale financial assets (39) - - (584)
Net fair value changes - associates 70
Net fair value changes - cash flow hedges 12 -
Currency translation differences (205) - (170) (225)
Transferred to net profit for the year - available-for-sale
financial assets 315
Costs of issue of Capital Securities - (17) -
Total income and expense for the year recognised directly
inequity 153
Net profit1,971
Total income and expense 2,124
Payment on Rabobank Member Certificates and Trust
Preferred Securities III to VI (TPS)
Issue of Capital Securities
Exchange of government bonds for subordinated loans to
Rabobank Nederland -
Other 134
At 31 December 2007 19,684
At 1 January 2008 19,684 6,233 2,779
Arising in the period (after taxation):
Net fair value changes - available for sale financial assets (1,898)
Net fair value changes associates(1)
Net fair value changes - cash flow hedges (32)
Currency translation differences (337) - (91)
Transferred to net profit for the year - available-for-sale
financial assets 511- -
Costs of issue of Capital Securities - - (12)
Total income and expense for the year recognised directly
in equity (1,757)
Net profit 2,089 316
Total income and expense 332 316 91
Payment on Rabobank Member Certificates, Trust
Preferred Securities III to VI (TPS) and Capital Securities - (316) (194)
Issue of Capital Securities - - 835
Share premium (115) 154 -
Other 173 (151) (1)
At 31 December 2008 20,074 6,236 3,510 3,639
(510)
835
39
264
243
33,459
91
Annual figures