Assets
Friesch-Groningsche Hypotheekbank
and affiliated banks
Explanatory notes
Consolidated balance sheet
Premises, furniture and fittings
Premises:
Costs of purchase and
construction Dfl 444,000
Depreciation applied 86,000
1983
1982 i
Dfl 4,389,000
3,456,000
Furniture and fittings:
Dfl
358,000 Dfl
933,000
Acquisition costs
Dfl 7,847,000
Dfl 7,040,000
Depreciation applied
4,671,000
4,511,000
3,176,000
Dfl 3,534,000
2,529,000
Dfl 3,462,000
The acquisition value of
premises and furniture and
fittings is written down in
proportion to their useful life.
The appraisal value at
December 31,1983 amounts to
Dfl 506,000.
The office buildings in the
Netherlands were transferred
to the real estate company,
at their book value.
Participations
Participations
Receivables from participations
(face value)
Participations are valued at
intrinsic value according to the
combined annual accounts of
the real estate companies and
other diversifications.
Mortgage loans
The balances of outstanding
loans which are covered by
mortgage are put at their face
value less a number of un
collectable items which are set
against the provision for
general contingencies. The
amount of mortgage loans
32
Dfl 155,108,000 Dfl 156,593,000
481,952,000 534,713,000
Dfl 637,060,000 Dfl 691,306,000
