Notes to the statement of income
2 1 Net interest income
22 Net fee and commission income
-
23 Income from equity interests
Contents Introduction
Management report Appendices Corporate governance
Consolidated Financial Statements
Company Financial Statements
In millions of euros
2017
2016
In millions of euros
2017
2016
Interest income
Fee and commission income
Cash and balances at central banks
269
183
Insurance commissions
267
257
Loans and advances to banks
549
573
Lending
492
520
Financial assets held for trading
Financial assets designated at fair value
Loans and advances to customers
Available-for-sale financial assets
Derivatives held as economic hedges
Derivatives used for fair value hedge accounting
38
26
10,863
885
2,014
(414)
45
25
11,379
1,040
2,310
(703)
Purchase and sale of other financial assets and
handling fees
Payment services
Other commission income - group companies
Other commission income
Total fee and commission income
312
668
21
58
1,818
264
704
42
101
1,888
Interest income on financial liabilities with a
negative interest rate
158
77
Fee and commission expense
Other
5
41
Purchase and sale of other financial assets
1
Total interest income
14,393
14,970
Payment services
Custodial fees and securities services
60
10
20
10
Interest expense
Handling fees
21
33
Due to banks
370
421
Other commission expense - group companies
14
23
Other trade liabilities
21
10
Other commission expense
21
125
Due to customers
3,783
4,409
Total fee and commission expense
126
212
Debt securities in issue
2,904
3,250
Net fee and commission income
1,692
1,676
Other liabilities
756
720
Financial liabilities designated at fair value
461
362
Interest expense on financial assets with
a negative interest rate
297
258
Other
Total interest expense
(7)
8,585
4
9,434
Net interest income
5,808
5,536
In millions of euros
2017
2016
Dividend income from shares
20
23
Results from interests in group companies
2,288
2,025
Results from other equity investments
35
(94)
Results from disposed interests
1
63
Total income from equity interests
2,344
2,017
Rabobank Annual Report 2017 - Company financial statements
260
