Auditor's report We have examined the financial statements of Friesch-Groningsche Hypotheekbank nv for the year 1980. These statements include: - the consolidated financial statements of Friesch-Groningsche Hypotheekbank nv and affiliated banks; - the combined financial statements of the real estate companies and other diversifications. In our opinion, based upon our examination, the accompanying financial statements, together with the notes, present fairly the financial position at December 31,1980 and the results for the year then ended. Amsterdam, 23 March 1981 Van Dien Co G.G.M. Bak Reg isteraccou nta nt 63

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Annual Reports FGH Bank | 1980 | | pagina 65