(x Dfl 1 million)
1983
New loans
759.6
Redemptions and write offs
980.1
Balance
(220,5)
Commission revenue decreased by Dfl 10.4 million to Dfl 18.3 million. One
important cause of this was that for a number of transactions concluded in
1984 a greater emphasis was laid on income from interest than on
commission. Moreover, as mentioned above, our operations abroad
accounted for a considerably larger part of the redemption payment than
was the case in 1983. No compensation for accelerated redemption was
received for these redemptions.
The balance of interest, however, despite the decline of the mortgage
portfolio, showed an increase of Dfl 14.7 million. This was caused by the
fact that both in financial operations at home and abroad it was possible to
realise a higher interest margin than last year.
During the year under review a provision was made for currency exchange
rate differences (included under 'Payables and accrued expenses'). This is
related to a change in the way positions in foreign currencies are treated;
more information concerning this may be found on page 32.
During the past financial year, the real estate portfolio decreased by
Dfl 200.6 million to Dfl 1.2 billion.
1984
779.8
936.8
(157.0)
Real estate operations and other diversifications
1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984
New mortgages
on real estate
in billions of guilders
Total mortgages
Of which dwellings
and combination
dwelling/commercial
real estate
80
23
