77. Other Liabilities
79. Subordinated Liabilities
78. Provisions
About this
Report
Chairman's
Foreword
Management Report Appendices
Corporate
Governance
Consolidated Financial
Statements
Company Financial
Statements
Amounts in millions of euros
Tradeable debt securities
2018
81,477
2017
83,035
Other Provisions
Other debt securities
Total debt securities in issue
29,694
111,171
39,973
123,008
Amounts in millions of euros
.Provision
Restructure^
provision
r issues
Other
Total
Opening balance on 1 January, 2018
283
557
159
999
On demand
4,414
7,320
Additions
197
62
96
355
3 months
11,645
14,223
Withdrawals
(90)
(204)
(112)
(406)
3 months 1 year
23,277
29,671
Releases
(92)
(7)
(34)
(133)
1 year 5 years
5 years
47,168
24,667
48,062
23,732
Closing balance on 31 December,
2018
298
408
109
815
Total debt securities in issue
111,171
123,008
This item includes liabilities that cannot be classified under any
other heading, such as liabilities associated with securitized
receivables, current taxes, short positions on securities, liabilities
for staff costs and creditors. At year-end 2018, approximately
EUR 56 billion in Rabobank mortgages were securitized.
Amounts in millions of euros
2018
2017
This item can be broken down as follows:
Liabilities associated with securitized receivables
56,206
55,767
Current tax liabilities
31
28
Other liabilities
2,547
3,614
Total other liabilities
58,784
59,409
Opening balance on 1 January, 2017
418
730
127
1,275
Additions
276
139
94
509
Withdrawals
(268)
(293)
(37)
(598)
Releases
(143)
(19)
(25)
(187)
Closing balance on 31 December,
2017
283
557
159
999
This represents the loans relating to the issue of Trust Preferred
Securities and subordinated loans.
Amounts in millions of euros
Loans related to the issue of Trust Preferred Securities IV
Subordinated loans
Balance on 31 December
2018 2017
390 395
16,485 16,137
16,875 16,532
Amounts in millions of euros
Provision for pension plans and other post-
retirement provisions
Provision for deferred tax liabilities
Impairment allowances on loan commitments
and financial guarantees
Other provisions
Total provisions
2018
178
2
105
815
1,100
2017
185
11
20
999
1,215
In the following table details of the issues of subordinated
liabilities are shown:
Provision for Employee Benefits
The provision for employee benefits consists of a provision for
pension plans of EUR 76 million (2017: EUR 84 million) and other
post-retirement provisions of EUR 102 million (2017:
EUR 101 million).
Annual Report 2018 - Company Financial Statements
228
