Notes to the Statement of Financial Position
4. Loans and Advances to Customers
1. Cash and Balances at Central
Banks
2. Short-term Government Papers
3. Loans and Advances to Credit
Institutions
-
5. Interest-Bearing Securities
About this
Report
Chairman's
Foreword
Corporate
Management Report Appendices Governance
Consolidated Financial Company Financial
Statements Statements
This item consists of legal tender, balances available on demand
with foreign central banks in countries where Rabobank
operates, as well as a balance with De Nederlandsche Bank (the
Dutch Central Bank)as required under its minimum reserve policy.
This item relates to government securities with an original term
to maturity of up to two years that the central bank in the country
of origin will redeem at a discount or accept as collateral. The
cost and market value of short-term government papers are
virtually the same.
Amounts in millions of euros 2018 2017
Recognized in the trading portfolio 35 2
Recognized in the investment portfolio 295 496
Total short-term government papers 330 498
This item represents loans and advances to other credit
institutions, other than in the form of interest-bearing securities.
Amounts in millions of euros
Loans and advances to other credit institutions
Loans and advances to group companies
Total loans and advances to credit institutions
Of which subordinated
2018 2017
16,648 25,746
12,584 15,919
29,232 41,665
The terms of loans and advances to credit institutions can be broken down as
follows:
On demand 11,277 19,945
3 months 4,958 8,705
3 months 1 year 4,916 4,452
1 year 5 years 5,349 4,921
5 years 186 345
No maturity 2,546 3,297
Total loans and advances to credit institutions 29,232 41,665
The fair value of accepted collateral in the form of securities is
EUR 6,756 million (2017: EUR 17,037 million).
This item consists of loans and advances arising in the course of
business operations, other than receivables from credit
institutions and interest-bearing securities.
Amounts in millions of euros
2018
2017
Breakdown of loans and advances to customers:
Public sector lending
1,556
1,938
Private sector lending
369,461
363,777
Professional securities transactions
13,120
13,076
Total loans and advances to customers
384,137
378,791
Totals include:
Of which to group companies
60,451
61,160
Of which mortgages
229,094
231,540
Loans recognized in the trading portfolio
147
762
Loans recognized in the investment portfolio
205
4
Loans recognized in the investment portfolio at fair value
through profit or loss
1,659
Loans at amortized cost
382,126
378,025
Total loans and advances to customers
384,137
378,791
The terms of loans and advances can be broken down as
follows:
On demand
44,000
40,564
3 months
15,526
16,504
3 months 1 year
25,280
23,327
1 year 5 years
81,897
80,353
5 years
211,099
212,028
No maturity
4,324
5,249
Loans at amortized cost
382,126
378,025
Loans (excluding government loans and reverse repos)
can be classified as follows by their concentration in
specific business sectors:
Food agri
17%
17%
Trade, industry and services
29%
29%
Private individuals
54%
54%
Total
100%
100%
The fair value of accepted collateral in the form of securities is
EUR 12,131 million (2017: EUR 12,861 million).
This item represents interest-bearing securities other than short-
term government papers.
Annual Report 2018 - Company Financial Statements
222
