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FMO - Annual and Interim Reports

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Home Interim Report 2018
  • At a glance
    • Key figures
    • Letter from the Management Board
    • Our strategy
    • Performance on our strategy
    • Portfolio information
  • Consolidated interim accounts 2018
    • Consolidated balance sheet
    • Consolidated profit and loss account
    • Consolidated statement of comprehensive income
    • Condensed consolidated statement of changes in shareholders’ equity
    • Condensed consolidated statement of cash flows
    • Notes to the consolidated interim accounts
      • 1 Corporate information
      • 2 Basis of preparation and changes to accounting policies
      • 3 Loans past due and impaired
      • 4 Capital management
      • 5 Segment information
      • 6 Fair value of financial assets and liabilities
      • 7 Commitments and contingent liabilities
      • 8 Debentures and notes
      • 9 Results from equity investments
      • 10 Dividends
      • 11 Income tax
      • 12 Events after the end of the reporting period
      • 13 Related parties
    • Review report
  • Additional information
    • List of abbreviations
    • Reporting scope

At a glance

Since 1970 we have been the driving force behind investments empowering entrepreneurs in emerging markets. We invest with the aim of enhancing local prosperity in places where this is needed most.

Key figures

Letter from the Management Board

Last year, we launched our renewed strategy as part of our endeavours to contribute to a world in which, in 2050, nine billion people will live well and within the means of the planet’s resources.

Our strategy

FMO’s Vision and Mission remain as relevant as ever. In 2017, we defined our Strategy 2025 in line with our Vision and Mission, setting the goal of being ‘Your preferred partner to invest in local prosperity’.

Performance on our strategy

In the first half of 2018, performance on higher impact and higher productivity was mostly on track. By continuing on the same path, we expect to achieve the year-end (YE) targets in both areas.

Portfolio information

In the tables below, we present our committed portfolio per region and sector. The committed portfolio of the funds we manage for the Dutch State are not included.

Consolidated balance sheet

Consolidated profit and loss account

Consolidated statement of comprehensive income

Condensed consolidated statement of changes in shareholders’ equity

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FMO

  • The Netherlands
  • info@fmo.nl
  • +31 70 314 96 96
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  • Anna van Saksenlaan 71
  • 2593 HW, The Hague

FMO

  • South Africa
  • joburg-office@fmo.nl
  • +27 11 507 2500
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  • 3 on Glenhove
  • Corner Glenhove & Tottenham
  • Avenue, Melrose Estate 2196
  • Johannesburg South Africa