About this
Report
Chairman's
Foreword
Management Report Appendices
Corporate
Governance
Consolidated Financial Company Financial
Statements Statements
Offsetting of Financial Instruments
Amounts in millions of euros
On December 312018
Loans and advances to credit
institutions
Derivatives
Loans and advances to customers
Other assets
Total
Amount before
offsetting
17,859
81,402
443,093
6,640
548,994
Net carrying amount
IAS 32 Offsetting included in balance
sheet
(58,742)
(6,502)
(209)
(65,453)
17,859
22,660
436,591
6,431
483,541
Master nettmq Amount after other
Other offsetting
agreements offsetting
(13,531)
(13,531)
(6,756)
(12,131)
(18,887)
11,103
9,129
424,460
6,431
451,123
Deposits from credit institutions
Deposits from customers
Derivatives
Other liabilities
Total
20,666
344,504
85,807
6,551
457,528
(1,269)
(2,094)
(61,880)
(209)
(65,452)
19,397
342,410
23,927
6,342
392,076
(13,531)
(13,531)
(79)
(13)
(92)
19,318
342,397
10,396
6,342
378,453
On December 312017
Loans and advances to credit
institutions
Derivatives
Loans and advances to customers
Other assets
Total
27,845
87,237
439,587
8,245
562,914
(591)
(61,732)
(7,023)
(284)
(69,630)
27,254
25,505
432,564
7,961
493,284
(15,984)
(15,984)
(17,537)
(12,861)
(30,398)
9,717
9,521
419,703
7,961
446,902
Deposits from credit institutions
Deposits from customers
Derivatives
Other liabilities
Total
20,496
343,958
92,599
8,555
465,608
(1,574)
(3,276)
(64,496)
(284)
(69,630)
18,922
340,682
28,103
8,271
395,978
(15,984)
(15,984)
(350)
(108)
(458)
18,572
340,574
12,119
8,271
379,536
The table below shows the credit-impaired financial assets in
relation with the collateral that is held as security to mitigate
credit risk.
Collateral Field as Security and Other Credit Enhancements for Credit-impaired Financial Assets
Amounts in millions of euros
On December 312018
Loans and advances to credit institutions
Loans and advances to customers
Financial assets at fair value through other comprehensive income
Total
Gross carrying amount
credit impaired financial Impairment allowances
34
15,993
16,027
20
3,226
3,246
Carrying amount after Collateral held as security
deduction impairment
allowance
14
12,767
and other credit
enhancements
10,044
12,781
10,044
The next table sets out the maximum exposure to credit risk to
which Rabobank is exposed for financial instruments not subject
to the IFRS 9 impairment requirements, without taking into
account any collateral or other measures for restricting credit risk.
It also shows the financial effect of any collateral provided or
other types of credit risk reduction. In some cases the amounts
stated deviate from the carrying amounts as presented in the
statement of financial position because the outstanding equity
instruments are not included in the maximum exposure to credit
risk.
Annual Report2018-Consolidated Financial Statements
157