Assets (follow up)
1974
1973
both an amount of 3 million on account
of repayment of the preference share
capital and by a dividend payment of
672,000 to the debit of the reserve
available in Gemeenschappelijk Eigendom
B.V.
Mortgage Loans The balances of the outstanding loans,
which are all secured by mortgages, are
entered for their nominal values. The
amount of the mortgage loans includes an
amount of 445,900,000 (previous year
f405,100,000) on account of mortgages
given to real estate companies in which
we participate, either directly or
indirectly.
The development of the mortgage port
folio was:
Mortgage portfolio January 1
1,671,597,000
1,425,070,000
New mortgages
500,515,000
430,907,000
Redemptions
ƒ2,172,112,000
282,237,000
1,855,977,000
184,380,000
1,889,875,000
ƒ1,671,597,000
Winschoter Credietbank
credits
10,413,000
16,471,000
These credits are secured by mortgage
and/or other adequate security.
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