f 4.146.000 f 4.055.000
f 451.418.000
f 272.725.000
Consolidated balance sheet
Assets
Premises and furniture
and fittings
Premises:
Costs of purchase and
construction 4.003.000 4.003.000
Depreciation applied 3.436.000 3.436.000
567.000 567.000
Furniture and fittings:
Acquisition costs 7.073.000
Depreciation applied 3.494.000 3.579.000 3.488.000
The acquisition value of
premises and furniture and
fittings is written down in
proportion to their useful life.
The buildings have all been
written down to the acquisition
value of the land. The appraisal
value at 31st December 1980
amounts to 10.900.000.
Participations
Participations
Receivables from participations
148.086.000
144.298.000
(nominal value)
303.332.000
128.427.000
Participations are valued at
intrinsic value according to
the combined annual accounts
of the real estate companies
and other diversifications.
Mortgage loans
The balance of outstanding
loans, all of them covered by
mortgage, figure at their
nominal values. The amount of
mortgage loans includes an
amount of 650.000.000
602.000.000 in the previous
year) on account of mortgages
granted to real estate companies
42
