Annual and interim reports

Notes to the consolidated statement of cash flows

The consolidated cash flow statement shows the sources of liquidity that became available during the year and the application of this liquidity. The liquidity is measured by the balance sheet accounts ‘banks’ and ‘short-term deposits’.

Read more ›Notes to the consolidated statement of cash flows

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.

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

For the year ended December 31, 2021

Company profit and loss account

For the year ended December 31, 2021

Read more ›Company profit and loss account

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

On February 24, 2022 the Russian Federation started to invade Ukraine. The move followed shortly after Russian President Putin recognized two Eastern-Ukrainian provinces as independent states and invaded those areas for a “peacekeeping” mission.

How we report

We prepared this integrated annual report using the principles of the Integrated Reporting framework and the GRI standards.

Legal entity

This report covers the activities of Financierings-Maatschappij voor Ontwikkelingslanden N.V. (FMO), FMO Investment Management B.V. (FMO IM), NedLinx B.V. and FMO’s intermediate holding subsidiaries: Asia Participations B.V.

Reporting policy

The period covered by this report is the calendar year 2021. The publication date of the previous annual report was March 23, 2021.