Net group result is calculated as follows:
(in millions of guilders)
1983
Gross group result
63.4
Added to provision for
general contingencies
60.0
15b.U
Corporate tax
2.0
(21.7)
Net group result
62.0
133.3
1.4
(51.3)
These figures show that despite a decline in gross group result, net
results increased by Dfl 52.7 million to Dfl 1.4 million. In this regard
we point to a substantially lower addition to the provision for general
contingencies.
Financial Operations
During the past financial year the mortgage portfolio (domestic and
abroad) declined by Dfl 220.5 million, to Dfl 5,175.5 million.
This decline can be attributed solely to domestic operations.
The complete portfolio of our subsidiaries abroad showed a
satisfactory growth.
(in millions of guilders)
New loans
Redemptions and write offs
Balance
New mortgages
on real estate
in billions of guilders
80
60
Total mortgages
--50-
Óf which dwellings
and combination dwelling/40
commercial real estate
1983
1982-
759.6
980.1
399.6
1,215.8
(220.5)
(816.2)
1975 1976
1977 1978 1979
1980
1981
1982
1983
O
