NOTES TO INDIVIDUAL ITEMS IN THE COMPANY AND GROUP BALANCE SHEETS
COMMITMENT AND GUARANTEES
Guarantees given to third parties
Guarantees on behalf of participating interests
Guarantees given to third parties:
l for Transveer B.V.
I ^covered by counter-guarantees
IRREVOCABLE FACILITIES
Credit facilities offered to and accepted by clients
Company balance sheet
1997
Group balance sheet
1997
20,892
7,709
2,095
(2,095)
28,601
18,114
8,789
1,857
(1,857)
26,903
20,892
7,642
2,095
(2,095)
28,534
18,208
7,642
1,857
(1,857)
25,850
LIABILITY COMMITMENTS
In accordance with section 403, Part 9, Book 2 of the Netherlands Civil Code, the company has undertaken joint and
several liability for any debts resulting from legal transactions entered into by firms in which the company has a
100% interest and which have been specified as such in the consolidated financial statements. These participating interests
are listed on page 33.
MINISTRY OF FINANCE CLAIM
Notice is given of the fact that with respect to the sale of companies with a fiscal replacement reserve in the early 1980s,
the Dutch Ministry of Finance summoned FGH Bank N.V. and the other companies involved in this sale in mid-1993.
The Ministry holds all companies involved jointly and severally liable for taxes not paid on the said replacement reserves by
the purchasers of these companies. The potential claim amounts to some tens of millions of Dutch guilders.
By interlocutory judgment in December 1996 the court decided that the Ministry of Finance should submit further evidence.
The State of the Netherlands has appealed against the judgment. We remain confident as ever about the outcome of the
proceedings.
