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Notes to the consolidated balance sheet: liabilities
Short-term credits reflect the cash collateral received for derivative contracts we held with positive value. Refer also to the section 'Counterparty credit risk' in the Risk Management chapter.
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Notes to the consolidated profit and loss account
Included in the interest income on loans is €15,088k (2020: €25,694k) related to Stage 3 loans (adjusted on basis of net carrying amount).
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Off-balance sheet information
To meet the financial needs of borrowers, FMO enters into various irrevocable commitments (loan commitments, equity commitments and guarantee commitments) and contingent liabilities.
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Related party information
FMO defines the Dutch Government, FMO's subsidiaries, associates, the Management Board (MB) and Supervisory Board (SB) as related parties.
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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.
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