Profit and loss account for
1981
Friesch-Groningsche Hypotheekbank nv
1981
1980
Interest received 679.420.000
Commission and compensation
for accelerated redemption 19.959.000
605.007.000
21.941.000
Interest paid
Costs involved in moneys
raised
699.379.000
598.934.000
7.654.000
626.948.000
520.422.000
9.480.000
606.588.000 529.902.000
92.791.000 97.046.000
General expenses 29.153.000 28.673.000
Depreciation 1.059.000 1,071.000
30.212.000 29,744.000
Operating results
62.579.000
67.302.000
Sundry gains and charges
950.000
7.
950.000
Gross result
61.629.000
66.352.000
Gross result of participations
4.517.000
3.591.000
Profit balance before corporation
tax
66.146.000
69.943.000
Corporation tax
18.500.000
29.000.000
Added to provision for general
contingencies
32.500.000
14.000.000
51.000.000
43.000.000
Net group profit
L_
15.146.000
f_
26.943.000
Appropriation of profit (in
conformity with Article 36
of the articles of Association):
Addition to open reserves
6.493.000
16.347.000
Distribution of profit
8.653.000
10.596.000
L 15.146.000
