Balance sheet optimisation under Basel III ING Investor Day Koos Timmermans Vice Chairman ING Bank Amsterdam – 13 January 2012 Priorities 1 2 3 Transition to Basel III Balance sheet optimisation Return on Equity ING Investor Day - 13 January 2012 2 Strategy for the coming years is based on two phases 2012 End 2013 2015 Bank: Transition to Basel III • Manage through the crisis • Limit B/S and RWA growth • Execute B/S optimisation • Invest where needed to achieve operational
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methods. The dominant methods currently in use are the temporal method and the current rate method. E. Translation adjustments can be either (1) reported as a gain or loss in income or (2) deferred in the stockholders' equity section of the balance sheet. II. The primary objective of the temporal method is to maintain the underlying valuation method used by the foreign entity to account for its assets and liabilities. A. Assets and liabilities carried at current or future value are translated
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Black Bhd and its subsidiary | Black Bhd | White Bhd | Debit | Credit | Total | | RM | RM | RM | RM | | Revenue | 760000 | 216667 | -50000 | | 926667 | Operating expenses | -620600 | -173700 | | 50000 | -744300 | Overvalued inventory | | 18000 | | | 18000 | Unrealised Profit-sale of inventory from subsidiary to parent | | -12000 | | | -12000 | Unrealised Profit-sale of machine from parent to subsidiary | -20000 | | | | -20000 | Depreciation | 4000 |
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compensation, utilities and other general and administrative expenses increased as net sales were declining. · Decrease in operating income will impact ability to service debt. · Decrease in Net Income will impact earnings per share. Historical Balance Sheet for past 3 years: · Decrease in short-term investments without increase in cash. Short term investments sold to purchase furniture fixtures and equipment. · Decrease in net working capital. · Cash used to increase furniture, fixtures
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Statement 14 Executive Summary 16 Works Cited 17 Scope The project aims at analyzing the financial statements of Apple inc for the two periods ending September 2011 and 2012. The project will focus on specific elements of the Income statement, Balance sheet and Cash flow statements. They include Taxes, Employee benefits plans, Earning per share, Share based compensation and Cash inflows and outflows, providing detail description on each of them from the two most recent financial statements. Profile
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and deposits. Many banks have similarly decided not to take as much credit risk. As such, they originate loans then securitize them. Securitization effectively moves the loans off bank balance sheets. Market share data that reflect assets will understate the role of banks. Banks would have to hold more assets on balance sheet and have access to greater sources of funding for the market share data to increase. One should examine revenue for an alternative view. Clearly, mutual funds and pension plans
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Fun4Kids Inc Financial statements and bookkeeping should be audited in order to ensure that they are free of misstatement and are in compliance with GAAP, since Martha’s cousin does not have any formal training in accounting. This is due to the fact misstatements and compliance issues are much more likely to occur. Annemarie and Jacques also need to consider the risk of the brands that Fun4Kids Inc. carries. Although they are in good standing now, if they were any additional boycotts were to happen
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1. General Principles which within this locations holds the overall information of the General Acceptance Accounting Principles. 2. Presentation which holds overview and information for the following: a. Presentation of Financial Statements b. Balance Sheet c. Statement of Shareholder Equity d. Comprehensive Income e. Income Statement f. Statement of Cash Flows g. Notes to Financial Statements h. Accounting Changes and Error Corrections i. Earnings Per Share j. Interim Reporting k. Limited
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Tie Ltd. made investments in automation, which affected their numbers from 2006 to 2008. As a result, they have higher margins and can sell their connectors at a lower price. From 2006 to 2008 there has been changes in the Income Statement and Balance Sheets of Strong Tie Ltd. There statement of cash flow shows that the outflow of money was greater what they actually had on hand. In earlier years, they had a higher net income and fewer expenses, which was in their favor. Strong Tie Ltd pursued
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To define accounting, is the process to identify measure and communicate economic information for the users of the information to come up with an informed judgement. (Association, n.d.). Standing the test of time, this definition defined the very purpose of accounting, which is to provide information to decision makers. As stated by this definition, accounting itself, is a process by which, financial reports are to be provided for the use of decision makers. Actually, Accounting is an information
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