Friesch-Groningsche Hypotheekbank
and affiliated banks
latory notes
idated balance sheet
1984
1983
Premises, furniture and fittings
Premises:
Costs of purchase and
construction 1,447 444
Depreciation applied 52 86
1,395 358
Furniture and fittings:
Acquisition costs 8,168 7,847
Depreciation applied 4,019 4,671
4,149 3,176
5,544 3,534
The acquisition value of premises
and furniture and fittings is written
down in proportion to their useful
life.
The appraisal value of the premises
at December 31,1984 amounts to
Dfl 1.5 million.
Participations
Participations 160,400 155,108
Receivables from participations
(face value) 512,329 481,952
672,729 637,060
Participations are valued at
equity (page 42)
Mortgage loans
The balances of outstanding loans
which are covered by mortgage
are put at their face value less a
number of uncollectable items
which are set against the provision
for general contingencies. The
amount of mortgage loans includes
an amount of Dfl 194 million
(Dfl 270 million in the previous
year) on account of mortgages
granted to real estate companies in
(x Dfl 1,000)
