liabilities
1975
1974
share capital
f
18,360,000
f
18,360,000
The authorized capital
amounts to f 50,000,000,
consisting of f 25,000,000
registered ordinary shares,
of which f 18,360,000 are
issued, and of which f 25,000,000
are preference shares.
reserves
Reserves in virtue of the
Articles of Association
Extra reserves
Reserve for price
differences of securities
f
14.948.000
67.795.000
1,297,000
f
14.948.000
56.795.000
588,000
f
84,040,000
f
72,331,000
On January 1st,
the reserves amounted to:
Add: from the profit
special gains
f
72,331,000
11,000,000
f
65,403,000
7,500,000
14.000
profit/loss on prices of
securities
f
83,331,000
709,000
f
72,917,000
586,000
f
84,040,000
f
72,331,000
provisions
f
200,000
f
215,000
This item serves to cover the
liabilities to pensioners superannuated
prior to 1953. The other pension
liabilities have been insured with
Stichting Pensioenfonds Concern
Friesch-Groningsche Hypotheekbank'.