assets (continued)
1976
1975
winschoter credietbank
credits f 22,232,000 f 12,602,000
These credits are covered by
mortgage and/or other adequate
security.
transl^or'y Sterns 85,553,000 f 72,043,000
These include transitory items to
an amount of ƒ79,858,000
(f 69,462,000 last year) including
current interest of mortgage loans
and credits, prepaid costs, interest
to be received on funds and the
1976 dividends to be claimed from
the real estate companies.
securities f 1,069,000 f 1,430,000
The securities have been valued
at purchase price. The value
according to the market prices
of the last exchange day in
1976 was f 2,072,000.
cash funds f 45,122,000 f 80,886,000
Relate to cash in hand and
current account balances with
banks and giro institutions and
to f 22,702,000 for short term
investments 51,284,000
last year).
