20 Financial liabilities at fair value through profit and loss
Financial liabilities at fair value through profit and loss
| 2007 | 2006 | |
|---|---|---|
| Trading liabilities | 148,988 | 127,975 |
| Non-trading derivatives | 6,951 | 4,934 |
| Designated as at fair value through profit and loss | 13,882 | 13,702 |
| 169,821 | 146,611 |
Trading liabilities by type
| 2007 | 2006 | |
|---|---|---|
| Equity securities | 12,271 | 20,732 |
| Debt securities | 10,301 | 9,045 |
| Funds on deposit | 97,857 | 77,245 |
| Derivatives | 28,559 | 20,953 |
| 148,988 | 127,975 |
Non-trading derivatives by type
| 2007 | 2006 | |
|---|---|---|
| Derivatives used in: | ||
| – fair value hedges | 958 | 606 |
| – cash flow hedges | 3,188 | 1,696 |
| – hedges of net investments in foreign operations | 352 | 7 |
| Other non-trading derivatives | 2,453 | 2,625 |
| 6,951 | 4,934 |
Designated as at fair value through profit and loss by type
| 2007 | 2006 | |
|---|---|---|
| Debt securities | 10,902 | 10,642 |
| Funds entrusted | 756 | 603 |
| Other | 2,224 | 2,457 |
| 13,882 | 13,702 |
In 2007, changes in the fair value of financial liabilities designated as at fair value through profit and loss is attributable to changes in the credit risk of that liability is approximately EUR 20 million.
The amount that ING Group is contractually required to pay at maturity to the holders of financial liabilities designated as at fair value through profit and loss is EUR 13,845 million.
As at 31 December 2007, trading liabilities include amounts payable of EUR 86,759 million (2006: EUR 67,114 million) with regard to repurchase transactions.
