NOTES ON INDIVIDUAL ITEMS
IN THE COMPANY AND GROUP BALANCE SHEETS
1995
1994
Equity reserves
Paid-in surplus
74,865
74,865
Legal and articles-of-incorporation reserves
28,695
54,672
Other reserves
333,923
508,817
437,483
638,354
Individual movements in the reserves
legal and articles-
were as follows:
paid-in of-incorporation
other
total
surplus reserves
reserves
Position as per January 1, 1995
74,865 54,672
508,817
638,354
Movements due to:
- positive foreign exchange differences
25
25
- negative foreign exchange differences
(6,678)
(6,678)
- tax effects arising from foreign
exchange differences
(6,101)
(6,101)
- results for financial year
9,038
95,611
104,649
- preference dividend
(10,800)
(10,800)
21
- dividend
(35,015)
35,015
0
- elimination of 'additional write-down'
B
as per January 1, 1995
133,046
133,046
- distribution of earnings rights
(415,012)
(415,012)
Position as per December 31, 1995
74,865 28,695
333,923
437,483
The paid-in surplus has been recognized
for tax purposes.
Company Balance Sheet
Group
Balance Sheet
1995
1994
1995
1994
Foreign currencies
Total foreign currency-denominated
assets amount to
1,283,572
1,543,883
1,038,635
1,323,369
Total foreign currency-denominated
liabilities amount to
1,120,764
1,331,742
858,081
1,099,253
The positions primarily relate to US dollars.
The risks of exchange rate fluctuations have
been largely hedged.
Derivatives
Unweighted credit equivalent
12,019
25,823
13,074
36,443
Weighted credit equivalent
8,704
5,269
8,915
7,393
The credit equivalents give an indication of the credit risk incurred if other parties default on their obligations.
The weighted credit equivalent also takes account of the creditworthiness of the other party according to the
criteria of the Dutch central bank.
All contracts are concluded in the context of asset and liability management.
