a
(continued)
Participations
1979
1978
Gemeenschappelijk Eigendom bv
Other participations
Receivables from participations
(nominal value)
Participations are valued at
intrinsic value according to
the combined annual accounts
of the real estate companies
and other diversifications.
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 602.000.000
576.000.000 in the previous
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 1st
New mortgages
Redemptions
136.418.000 131.501.000
7.880.000 7.516.000
128.427.000
43.777.000
272.725.000 182.794.000
5.139.517.000
1.183.574.000
ƒ3.933.050.000
1.771.407.000
ƒ6.323.091.000
490.125.000
ƒ5.704.457.000
564.940.000
5.832.966.000 ƒ5.139.517.000
