Deeper relationships
FMO is a relatively small player relative to the challenge we face. To achieve the SDGs in the next decade, we need to pool our resources and work with others.
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Higher productivity
We are committed to building a high-performing organization that enables us to deliver higher impact and build deeper relationships.
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Performance on our strategy
This chapter outlines our 2020 performance with respect to FMO’s three strategic pillars: a higher impact portfolio in our chosen industries, deeper relationships and higher productivity.
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Condensed consolidated balance sheet
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Condensed consolidated profit and loss account
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Condensed consolidated statement of comprehensive income
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Condensed consolidated statement of changes in shareholders’ equity
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Condensed consolidated statement of cash flows
The balance as mentioned in the cash flow statement corresponds with the following items in the consolidated balance sheet:
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1 Corporate information
FMO was incorporated in 1970 as a public limited company with 51% of shares held by the Dutch State and 49% held by commercial banks, state unions and other members of the private sector.
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2 Basis of preparation and changes to accounting policies
The condensed consolidated interim accounts as at June 30, 2020 are prepared in accordance with International Financial Reporting Standards (IFRS) as adopted by the European Union (EU).
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