Real estate companies and other diversifications 1981 1980 Mortgages raised on loans Mortgages raised Friesch- Groningsche Hypotheekbank nv 232.348.000 293.632.000 Other mortgages raised 13.686.000 21.204.000 Private loans 92.100.000 103.672.000 f 338.134.000 f 418.508.000 As at December 31 st the average interest amounted to 11,3% 10,3% In 1982 an amount of 9.896.000 is to be repaid on the above- mentioned debts. Payables and transitory items Payables in respect of current security transactions 71.541.000 45.093.000 Creditors 63.814.000 42.934.000 Banks 8.283.000 Taxes 750.000 1.062.000 Equalization account WIR 808.000 395.000 Transitory items 52.920.000 63.708.000 f 189.833.000 f 161.475.000 Other liabilities Current liabilities with respect to development projects Guarantees issued by 117.879.000 42.750.000 Gemeenschappelijk Eigendom bv 33.569.000 8.082.000 Long-term liabilities on account of leases 600.000 456.000 The average term of the leases is about 6 years. 53

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Annual Reports FGH Bank | 1981 | | pagina 55