assets (continued)
1975
1974
f 3 million on account of
repayment of the preference
share capital and by a dividend
payment of ƒ672,000.— to the
charge of the reserve available in
Gemeenschappelijk Eigendom
b.v.
mortgage loans
The balances of outstanding
loans, all of them covered by
mortgage, figure at their nominal
values. The amount of mortgage
loans includes an amount of
ƒ382,000,000 (/445,900,000
last year) on account of
mortgages granted to real estate
companies in which we
participate either directly or
indirectly.
The development of the
mortgage portfolio was:
Mortgage portfolio
January 1 1,889,875,000
New mortgages 648,217,000
2,538,092,000
Redemptions 301,840,000
2,236,252,000
winschoter credietbank
credits 12,602,000
These credits are covered
by mortgage and/or other
adequate security.
1,671,597,000
500.515.000
2,172,112,000
282.237.000
1,889,875,000
10,413,000