Real estate companies
and other diversifications
Explanatory notes
Combined balance sheet
Participations
Participations
Receivables
These participations relate to
enterprises in whose capital we
have a 50% participation or less.
The participations are valued at
their intrinsic value on the basis
of the valuation principles by
FGH. Changes in the intrinsic
value - as far as they concern
operating results-are-
together with results of sale of
participations - accounted for
in the profit and loss account
under 'Income from
participations'.
1983
Dfl 52,022,000
5,918,000
Dfl 57,940,000
The intrinsic value at the
beginning of the fiscal year
amounted to
Changes:
Acquisition of new and
extension of existing
participations
Depreciation project costs
Non-activated interest
Other results
Distribution of profit
Sale of participations
By consolidation after
acquisition of majority interest
Currency differences
Intrinsic value at the end of
the fiscal year
Dfl 77,517,000
18,470,000
(1,783,000)
(516.000)
1,022,000
(17.811.000)
(25.028.000)
(728.000)
879,000
Dfl 52,022,000
Loans and credits
Receivables covered by
mortgages
Other receivables
44
Dfl 17,796,000
36,377,000
Dfl 54,173,000
1982
Dfl 77,517,000
32,690,000
Dfl 110,207,000
Dfl 75,938,000
14.487.000
(3.415.000)
(1.623.000)
33.767.000
(34,373,000)
(5.120.000)
(2.144.000)
Dfl 77,517,000
Dfl 14,365,000
38,469,000
Dfl 52,834,000
