Consolidated results.
Net profit
The net profit amounted to Fl. 478 million as
compared with Fl. 401 million for 1984, an
increase of 19.2% (1984: 4.4%). Profit per share
of Fl. 100 nominal value amounted to FT 56.05
compared with Fl. 47.56 for 1984, representing
an increase of 17.9%.
Gross result
The gross result rose from Fl. 1,260 million to
Fl. 1,332 million in 1985, an increase of 5.7%
(1984: - 5.2%). Income was up by 4.1%
(1984: 1.5%) while Expenditure rose by 3.4%
(1984:4.8%).
Table 4: Consolidated results
Income
Interest
2,725
2,756
(1.1)
(1.0)
65.4
68.8
Commision
1,047
983
6.5
7.2
25.1
24.5
Other income
397
266
49.2
8.0
9.5
6.7
Total
4,169
4,005
4.1
1.5
100.0
100.0
Expenditure
Salaries etc.
1,894
1,844
2.7
3.0
66.8
67.2
Other expenses
793
747
6.2
7.1
28.0
27.2
Depreciation of fixed assets
150
154
(2.6)
18.2
5.2
5.6
Total
2,837
2,745
3.4
4.8
100.0
100.0
Gross result
1,332
1,260
5.7
(5.2)
Addition to provision for general
contingencies
600
625
(4.0)
(3.8)
Taxation
237
223
6.3
(21.2)
837
848
(1.3)
(9.1)
Group profit
495
412
20.1
4.0
Third party interests
17
11
Net profit
478
401
19.2
4.4
Unappropriated profit - 1
Profit available for appropriation 478 402
Appropriated as follows:
Addition to reserves 247 182
Dividend 230 219
Supervisory Directors' bonuses 1 1
478 402
63
YEAR ON YEAR
MOVEMENT IN
RELATIVE
SHARE
IN MILLIONS OF GUILDERS
1985
1984
1985/1984
1984/1983
1985
1984
