NOTES ON INDIVIDUAL ITEMS
N THE COMPANY AND GROUP BALANCE SHEETS
1994
1993
Equity reserves
Paid in surplus
74,865
74,865
Legally required and statutory reserves
54,672
47,220
Other reserves
508,817
414,511
638,354
536,596
Individual movements in the reserves
legally required
were as follows:
paid-in
and statutory
other
total
surplus
reserves
reserves
Position as per January 1, 1994
Movements due to:
74,865
47,220
414,511
536,596
- positive foreign exchange differences
944
944
- negative foreign exchange differences
- tax effects stemming from foreign
(860)
(860)
exchange differences
(13,140)
(13,140)
- results
7,458
118,156
125,614
- preferred dividend
(10,800)
(10,800)
- dividend
(6)
6
0
Position as per December 31, 1994
74,865
54,672
508,817
638,354
The paid-in surplus has been recognized
for tax purposes.
Company Balance Sheet
Group Balance Sheet
1994
1993
1994
1993
Foreign currencies
The total assets in foreign
currency amount to
1,543,883
408,197
1,323,369
1,722,020
The total liabilities denoted in
foreign currency amount to
The positions taken up are primarily
in respect to US dollars. The risks of
exchange rate fluctuations have been
substantially covered.
1,331,742
221,958
1,099,253
1,528,186
Commitments and guarantees*)
Guarantees granted to third parties
Guarantees granted on behalf of
39,079
32,283
39,079
32,283
participating interests
Guarantees granted to third parties
949,761
1,137,039
16
19
on behalf of Transveer B.V.
418,680
611,352
418,680
611,352
Less: covered by counter guarantees
(418,680)
(611,352)
(418,680)
(611,352|
988,840
1,169,322
39,095
32,302
Irrevocable facilities’)
Credit facilities offered to
and accepted by clients
410,411
696,834
410,411
740,917
Partly on account of the security provided by the parent company, there are no concentrations of credit risk nor charges on assets.
