Statement of financial position - ING Direct 2025

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Your balance sheet (sometimes called a statement of financial position) provides a snapshot of your practices financial status at a particular point in time. This financial statement details your assets, liabilities and equity, as of a particular date.
A statement of financial position is commonly known as a balance sheet. It shows a companys assets, liabilities, and equity on any given date, providing a snapshot of its overall value at that point in time.
A statement of financial position outlines a glimpse into the financial circumstances of a business over a specific time period. Typically, its used alongside income statements, cash flow statements and statements of shareholder equity. The statement lists the assets, liabilities and equity of a company.
A statement of financial position is often formatted as a table with three columns. The first column lists the asset accounts, the second column lists liability or equity accounts and the final column contains totals for each section that are used to calculate net worth.
You can access your statements using your ING App or Online Banking. Select period you wish to view your statement for. You can also get a statement for a date later than your last available statement by selecting Interim statement (most recent statement). Download your electronic statement on a PDF file and save.
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Annual financial statements consist of several key components, including the balance sheet, income statement, cash flow statement, and statement of changes in equity.
The statement of financial position follows the basic accounting equation of Assets = Liabilities + Equity. Therefore, the resulting figure shown at the end of the statement will be the difference between the companys assets and liabilities.

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