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2019 Annual and interim reports

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Home Annual Report 2018 Consolidated annual accounts
  • 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

Corporate information

The 2018 financial statements of Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden N.V. (hereafter referred to as ‘FMO’ or ‘the company’) were prepared by the Management Board and signed by all members of the Management Board and the

Read more ›Corporate information

Significant accounting policies

The consolidated annual accounts (the ‘annual accounts’) have been prepared in accordance with International Financial Reporting Standards (‘IFRS’) as endorsed by the European Union and with Part 9 of Book 2 of the Dutch Civil Code for the financial

Read more ›Significant accounting policies

Quick links

  • Download Annual Report 2018

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FMO

The Netherlands
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+31 70 314 96 96
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