14 Due to banks
15 Due to customers
16 Debt securities in issue
-
17 Other liabilities
18 Provisions
-
Contents Foreword Management report Corporate governance
This item represents amounts owed to credit institutions, other
than debt securities and subordinated debt, of which:
In millions of euros
2016
2015
Due to other banks
18,021
15,134
Due to group companies
3,482
26,080
Due to other equity investments
97
128
Total due to banks
21,600
41,342
The terms of amounts owed to other banks other than
follows:
group companies are as
On demand
4,545
14,797
3 months
11,095
12,880
3 months 1 year
2,012
1,805
1 year 5 years
3,269
8,235
5 years
679
3,625
Total due to banks
21,600
41,342
This item consists of amounts due to customers other than debt
securities. Due to customers also includes the investments of
central banks amounting to EUR 23 billion (2015: EUR 23 billion).
In millions of euros
2016
2015
Due to other customers
316,045
112,001
Due to group companies
9,438
8,186
Due to other equity investments
7,071
1,176
Total due to customers
332,554
121,363
Savings comprise all deposits and savings accounts of natural
persons, non-profit making associations and foundations
as
well as non-transferable savings bonds.
The terms of amounts due to customers other than to group
companies are as follows:
In millions of euros
2016
2015
On demand or undated
247,234
57,431
3 months
39,579
42,679
3 months 1 year
9,776
7,160
1 year 5 years
10,949
1,735
5 years
25,016
12,358
Total due to customers
332,554
121,363
Consolidated Financial Statements Company Financial Statements Pillar 3
This item relates to non-subordinated bonds and other interest-
bearing securities, such as certificates of deposit.
In millions of euros
2016
2015
Tradeable debt securities
101,798
103,942
Other debt securities
48,468
62,559
150,266
166,501
The terms of debt securities other than of group companies can be broken
down as follows:
On demand or undated
153
3 months
28,651
27,566
3 months 1 year
37,211
48,379
1 year 5 years
53,102
55,393
5 years
31,112
35,010
150,266
166,501
This item includes liabilities that cannot be classified under
any other heading, such as short positions for securities and
liabilities associated with securitised receivables. Other liabilities
also includes liabilities for staff costs, taxes and national
insurance contributions. At year-end 2016, approximately
EUR 55 billion in Rabobank mortgages were securitised.
In millions of euros
2016
2015
This item can be broken down as follows:
Liabilities associated with securitised receivables
55,362
54,817
Current tax liabilities
13
187
Other liabilities
3,674
2,916
Total other debt
59,049
57,920
In millions of euros
2016
2015
Provision for pensions and other post-retirement
allowances
152
223
Provision for deferred tax liabilities
2
Other provisions
1,327
276
Total provisions
1,481
499
Pension provision
The provision for pensions and other allowances following
termination of employment consists of a provision for pensions
41 (2015: 26) and other employee benefits 111 (2015: 197).
280 Rabobank Annual Report 2016
