Segment reporting of funds and programs managed for the risk of the Dutch Government and for other public funding
Funds managed for the risk of the Dutch Government and other public funding
Apart from financing from its own resources, FMO provides loans, guarantees and equity investments from special government funds, within the conditions and objectives of these programs. The funds consist of subsidies provided under the General Administrative Law Act and other official third parties. In case of MASSIF, FMO has an equity stake of 2.17% (2020: 2.17%). In section ‘Related parties’, the arrangements between the Dutch Government and FMO regarding these funds and programs is described in detail.
Furthermore, FMO provides guarantees and equity investments with resources obtained from other public organizations, such as the European Commission (EC) and the United Kingdom government. The mandate financing is conducted in line with conditions and objectives of these programs.
Loans and equity managed for the risk of the Dutch Government and other public funding
These loans and equity investments are managed for the risk of the Dutch government and other programs
2021 Gross exposure | 2020 Gross exposure | |
Loans to private sector | 531,482 | 524,576 |
Equity investments | 516,898 | 423,591 |
Total | 1,048,380 | 948,167 |
Loans managed for the risk of the Dutch Government and other public funding
The loan portfolio comprises the loans issued by the following funds.
2021 Gross exposure | 2020 Gross exposure | |
MASSIF | 196,819 | 209,358 |
Building Prospects | 262,070 | 258,302 |
Access to Energy Fund | 64,711 | 52,196 |
FOM OS | 36 | 1,394 |
Land Use Facility | 7,846 | 3,326 |
Total | 531,482 | 524,576 |
Equity investments managed for the risk of the Dutch Government and other public funding
The equity investments have been made by the following funds.
2021 Gross exposure | 2020 Gross exposure | |
MASSIF | 283,740 | 243,359 |
Building Prospects | 140,935 | 105,606 |
Access to Energy Fund | 85,632 | 68,493 |
Land Use Facility | 6,591 | 6,133 |
Total | 516,898 | 423,591 |