Balance sheet as at December 31, 2021

 

Assets note Dec. 31, 2021 € million Dec. 31, 2020 € million
Cash and cash equivalents 20. 156,973 120,961
Loans and advances to banks 21. 15,843 19,730
Loans and advances to customers 21. 944,028 890,576
Hedging instruments (positive fair values) 22. 389 160
Financial assets held for trading 23. 47,442 42,5861
Investments 24. 248,390 255,374
Loss allowances 25. –9,562 –10,470
Investments held by insurance companies 26. 127,793 120,580
Property, plant and equipment, investment property and right-of-use assets 27. 15,742 14,564
Income tax assets 28. 4,427 4,2681
Other assets 29. 14,986 17,562
Total assets 1,566,451 1,475,891

1 Amount adjusted.

 

Equity and liabilities note Dec. 31, 2021 € million Dec. 31, 2020 € million
Deposits from banks 30. 193,809 160,924
Deposits from customers 30. 984,926 937,876
Debt certificates issued including bonds 31. 63,521 58,365
Hedging instruments (negative fair values) 22. 3,869 7,557
Financial liabilities held for trading 32. 40,045 46,8021
Provisions 33. 13,145 13,574
Insurance liabilities 34. 118,863 111,213
Income tax liabilities 28. 1,927 1,781
Other liabilities 35. 12,048 11,612
Subordinated capital 36. 4,755 4,441
Equity 37. 129,543 121,747
Equity of the Cooperative Financial Network 127,652 119,045
  Subscribed capital 14,938 13,614
  Capital reserves 783 766
  Retained earnings 102,555 97,1311
  Reserve from other comprehensive income 1,947 2,500
  Additional equity components 110 111
  Unappropriated earnings 7,319 4,9241
Non-controlling interests 1,891 2,7021
Total equity and liabilities 1,566,451 1,475,891

1 Amount adjusted.