Liabilities
continued)
1977
1976
Provisions
The pension commitments are
mainly incorporated in the
'Stichting Pensioenfonds
Concern Friesch-Groningsche
Hypotheekbank'; the premiums
and past service obligations due
up to and including 1977, fixed
partially on the basis of provisional
calculations have been paid into
the pension fund.
The pension provision is
considered necessary in view
of the final settlement of the
pension adjustments up to and
including December 31, 1977,
with intended further adjust
ments and with obligations to
pensioners superannuated
before 1953.
Moneys raised
Mortgage bonds
Private loans on acknowl
edgements of debt
Other moneys raised
1.980.000 7 200.000
72.322.584.000
1.323.052.000
102.000.000
7 3.747.636.000
71.795.794.000
663.673.000
56.235.000
7 2.515.702.000
Payables and transitory items
7
385.662.000
7
267.659.000
They include:
Retained part of mortgage
loans
7
54.126.000
7
53.609.000
Current interest on mortgage
bonds and private loans and
other transitory items
Company income tax
173.542.000
16.960.000
182.040.000
7.411.000
Distribution of profit
Dividend
7
6.472.000
7
4.538.000
Shares in profit to supervisory
directors
300.000
264.000
7
6.772.000
7 4.802.000