Liabilities 1979 1978 Capital and reserves Relates to the share of Friesch- Groningsche Hypotheekbank nv in the ordinary share capitals of the real estate companies and other diversifications, as far as they do not figure in the consolidated annual accounts as well as the proportionate share in the open reserves. As at January 1st capital and reserves amounted to 61.090.000 51.035.000 Add: retained profits 10.254.000 10.055.000 71.344.000 61.090.000 Subtract: writing down goodwill paid on acquisition of the participations included in the consolidation 5.314.000 66.030.000 61.090.000 Provisions Provision for pension commitments 2.162.000 650.000 Provision for latent tax liabilities 26.353.000 21.354.000 Provision for maintenance 1.294.000 1.362.000 Provision for unoccupied premises 4.178.000 5.665.000 Guarantee provision for building firm 4.642.000 38.629.000 29.031.000 The provision for pension commitments relates mainly to past service premiums calculated at 7%. In addition, the past service premiums for the pensions covered by the building industry pension fund amount to approximately 900.000. 47

Rabobank Bronnenarchief

Annual Reports FGH Bank | 1979 | | pagina 49