liabilities
1976
1975
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 f 25,000,000 pref
erence shares.
reserves
Reserves in virtue of the
Articles of Association f
14,948,000
f
14,948,000
Extra reserves
Reserve for revaluation of
81.977,000
67,977,000
participations
65,976,000
57,865,000
f
162,901,000
f
140,790,000
On January 1st,
the reserves amounted to:
Add: due to valuation of par
ticipations at intrinsic value
per 1st January 1975
Reserves per January 1st after
f
72.331.000
25.826.000
revaluation of participations f
Add: from the profit and due to
addition to the replacement
140.790,000
f
98,157,000
reserves of participations
22,111,000
43,039,000
Profit on market value of securities
709,000
f
Subtract: due to lower valuation
of securities per
162,901,000
f
141,905,000
31st December 1975
1,115,000
f
162.901,000
f
140,790,000
