ING Groep(ING) - 2018 Q4 - Annual Report

Financial Reporting - ING Group's consolidated financial statements are prepared in euros, with a translation rate of EUR 1.00 = USD 1.1342 as of February 22, 2019[16] - The company intends to continue preparing its Annual Accounts under IFRS-EU, with a reconciliation between IFRS-EU and IFRS-IASB included in the financial statements[22] - The report includes non-GAAP financial measures that management uses to evaluate segment performance, which may not be comparable with similar measures used by other companies[23] - The company emphasizes the importance of understanding the primary method used by management to evaluate performance on a meaningful basis[23] Risks and Uncertainties - Forward-looking statements in the report are subject to various risks, including changes in economic conditions and regulatory environments[26] - Changes in interest rate levels and currency exchange rates are among the factors that could impact the company's future performance[27] - The report highlights operational risks, including system disruptions and cybersecurity threats, that could affect the company's operations[27] Strategic Focus - ING Group's primary banking subsidiary is ING Bank N.V., which is included in the consolidated financial statements[15] - ING Group's ability to achieve its strategy, including operational synergies and cost-saving programs, is a key focus area[27] Third-Party Information - The company does not guarantee the accuracy of information found on third-party websites referenced in the report[28]