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2019 Annual and interim reports

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Home Annual Report 2018
  • At a glance
    • FMO is the Dutch development bank
    • 2018 Performance
    • 2018 Total committed portfolio
    • Key figures
  • Report of the Management Board
    • Letter from the Management Board
    • External environment
      • External environment
      • Dilemma |Economic growth vs climate change
      • Stakeholders and material topics
    • Our business model
      • Investment process
      • Environmental, social and governance management
      • Case |A consultative approach that targets long-term sustainability
      • Case |Helping Georgian banks to push back against a dollarised economy
    • Our strategy
      • Higher impact
      • Deeper relationships
      • Higher productivity
      • Dilemma | Reducing inequalities vs financial sustainability
      • Case | Bringing cocoa home to Ghana with Niche
      • Case | Financing India’s solar energy revolution
    • Our performance
      • Higher impact portfolio
      • Deeper relationships
      • Higher productivity
      • Financial performance
      • Case |Reducing inequality in rural Mongolia with mobile banking
      • Case | Revolutionizing the healthcare system in Africa
    • Outlook 2019
      • Higher impact portfolio
      • Deeper relationships
      • Higher productivity
    • In control statement
  • Report of the Supervisory Board
    • Main points of attention
    • Regulatory developments
    • Prospect for 2019
    • Corporate governance
    • Culture and management
    • Proposals and recommendations to the annual general meeting
    • Members of the Supervisory Board
  • Corporate governance
    • Articles of association
    • Governance structure
    • Risk management framework
    • Aligned remuneration policies
    • Independent complaints mechanism
    • Corporate governance codes
    • FMO Investment Management BV
    • NedLinx BV
  • Combined Independent Auditor’s and Assurance Report
  • Consolidated annual accounts
    • Consolidated balance sheet
    • Consolidated profit and loss account
    • Consolidated statement of comprehensive income
    • Consolidated statement of changes in shareholders’ equity
    • Consolidated statement of cash flows
    • Accounting policies
      • Corporate information
      • Significant accounting policies
    • Notes to the consolidated annual accounts
      • Notes to the consolidated balance sheet: assets
      • Notes to the consolidated balance sheet: liabilities
      • Notes to the consolidated profit and loss account
      • Off-balance sheet information
      • Related party information
      • Subsequent events
      • Notes to the consolidated statement of comprehensive income
      • Notes to the consolidated statement of cash flows
    • Segment information
      • Segment reporting by operating segments
      • Information about geographical areas
      • Disaggregation of revenue
      • Information about major customers
      • Segment reporting of funds managed for the risk of the state
    • Analysis of financial assets and liabilities by measurement basis
      • Fair value of financial assets and liabilites
    • Risk management
      • Introduction
      • Enterprise Risk
      • Financial Risk
      • Non-Financial Risk
  • Company annual accounts
    • Accounting policies
      • Activities
      • Significant accounting policies
    • Company balance sheet
    • Company profit and loss account
    • Notes to the company annual accounts
      • Notes to the company balance sheet
      • Subsequent events
  • Additional information
    • Provision in the Articles of Association concerning the appropriation of profit
    • Guarantee provision in the Agreement State-FMO of November 16, 1998
  • How we report
    • Legal entity
    • Reporting policy
    • Standards and reporting guidelines
    • FMO impact model
    • Other reporting definitions
    • External assurance
  • Indexes
    • GRI index
    • GRI material aspects
    • Glossary
    • List of abbreviations

Activities

The activities of Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden N.V. (hereafter referred to as FMO) consist of financing activities in developing countries to stimulate private-sector development.

Read more ›Activities

Significant accounting policies

The annual accounts are prepared in accordance with the financial reporting requirements as included in Part 9 of Book 2 of the Dutch Civil Code with the allowed application of the accounting policies (EU-IFRS) as set forth in the consolidated

Read more ›Significant accounting policies

Company balance sheet

As at 31 December 2018

Read more ›Company balance sheet

Company profit and loss account

For the year ended 31 December 2018

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Notes to the company balance sheet

The company annual accounts of FMO should be read in conjunction with the consolidated annual accounts including the risk management, segment information and the notes to the consolidated accounts.

Read more ›Notes to the company balance sheet

Subsequent events

There has been no significant subsequent event between the balance sheet date and the date of approval of these accounts which would be reported by the Bank.

Read more ›Subsequent events

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FMO

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

 

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