7 0 Tangible fixed assets
7 7 Other assets
72 Derivatives
-
-
Contents Management report Corporate governance Consolidated financial statements Financial statements Pillar 3
This item consists of land and buildings, equipment and other
tangible non-current assets, as well as tangible fixed assets
not in own use, such as non-current assets acquired under
foreclosure.
2015 2014
Land and buildings in own use 720 716
Equipment 215 122
Total tangible fixed assets 935 838
This item relates to precious metals, certificates representing
precious metals, coins and medals made of precious metals (not
being legal tender), goods and warehouse receipts, current and
deferred tax assets and assets that cannot be classified under
any other heading.
2015 2014
This item can be broken down as follows:
Deferred tax assets 1,845 2,020
Employee benefits 5 5
Other 2,871 3,556
Other assets 4,721 5,581
Fiscal unit for corporate tax purposes
For corporate tax purposes Rabobank forms a fiscal unit
with a number of domestic subsidiaries and member banks.
Underthe fiscal unit, each participating legal entity is jointly
and severally liable for the fiscal unit's corporate tax liabilities.
Changes in tangible fixed assets 2015
Land and
buildings in
own use
Equipment
Total
Carrying amount on 1 January
716
122
838
Acquisitions during the financial year
46
209
255
Disposals during the financial year
(57)
(57)
Depreciation
(43)
(56)
(99)
Impairment losses -
Exchange differences and other
1
(3)
(2)
Carrying amount on 31 December
720
215
935
Accumulated depreciation and
impairment losses
542
298
840
Changes in tangible fixed assets 2014
Land and
buildings in
own use
Equipment
Total
Carrying amount on 1 January
733
128
861
Acquisitions during the financial year
38
31
69
Disposals during the financial year
(3)
(3)
Depreciation
(42)
(42)
(84)
Impairment losses -
Exchange differences and other
(10)
5
(5)
Carrying amount on 31 December
716
122
838
Accumulated depreciation and
impairment losses
499
317
816
The notes to the derivatives are included below.
2015 2014
Assets
This item can be broken down as follows:
Derivative contracts with third parties 45,177 52,833
Derivative contracts with group companies 12,062 14,480
Total derivatives 57,239 67,313
Liabilities
This item can be broken down as follows:
Derivative contracts with third parties 54,491 66,060
Derivative contracts with group companies 8,933 10,126
Total derivatives 63,424 76,186
280 Rabobank Annual Report 2015
