Contents
Contents Introduction Management report Appendices Corporate governance Consolidated Financial Statements Company Financial Statements
General information 164
Consolidated statement of financial position 165
Consolidated statement of income 166
Consolidated statement of comprehensive income 167
Consolidated statement of changes in equity 168
Consolidated statement of cash flows 169
Notes to the consolidated financial statements 171
1 Corporate information 171
2 Accounting policies 171
3 Solvency and capital management 187
4 Risk exposure on financial instruments 188
5 Business segments 207
6 Cash and cash equivalents 213
7 Loans and advances to banks 213
8 Financial assets held for trading 213
9 Financial assets designated at fair value 214
10 Derivatives 214
11 Loans and advances to customers 217
12 Available-for-sale financial assets 218
13 Investments in associates and joint ventures 218
14 Goodwill and other intangible assets 220
15 Property and equipment 221
16 Investment properties 221
17 Other assets 222
18 Non-current assets held for sale 222
19 Deposits from banks 222
20 Deposits from customers 222
21 Debt securities in issue 223
22 Financial liabilities held for trading 223
23 Financial liabilities designated at fair value 223
24 Other liabilities 223
25 Provisions 223
26 Deferred taxes 224
27 Employee benefits 225
28 Subordinated liabilities 226
29 Contingent liabilities 227
30 Reserves and retained earnings 227
31 Rabobank Certificates 228
32 Capital Securities
and Trust Preferred Securities III to IV 228
33 Other non-controlling interests 230
34 Changes in liabilities arising from financing activities 231
35 Net interest income 231
36 Net fee and commission income 231
37 Net income from other operating activities 231
38 Income from investments in associates
and joint ventures 232
39 Gains/ (losses) on financial assets and liabilities
at fair value through profit or loss 232
40 Other income 232
41 Staff costs 232
42 Other administrative expenses 234
43 Depreciation 234
44 Loan impairment charges 234
45 Regulatory levies 234
46 Income taxes 234
47 Transactions with related parties 235
48 Costs of external independent auditor 235
49 Remuneration of the Supervisory Board
and the Managing Board 236
50 Main subsidiaries 238
51 Transfer of financial assets and financial assets
provided as collateral 238
52 Structured entities 239
53 Events after the reporting period 240
54 Management report on internal control
over financial reporting 241
55 Approval of the Supervisory Board 241
Rabobank Annual Report 2017 - Consolidated financial statements
163
