11 Subordinated loans
Repayments due within one year amount to:
158
150
169
161
The capital debentures and private loans included in this item are subordinated
to all current and future liabilities of Algemene Bank Nederland N.V. and Bank
Mees Hope NY. Accelerated repayment, in whole or in part, is not permitted,
except for three ABN Capital debenture loans totalling Fl. 228 million
(1984: Fl. 245 million).
12 Deposit and savings certificates and non-
subordinated loans BALANCE SHEET BALANCE SHEET
This item includes:
Cash notes
516
663
820
979
Savings certificates/bank certificates
1,523
1,091
1,878
1,434
Certificates of deposit/commercial paper
3,791
4,077
5,361
6,288
5% Convertible debenture loan
349
-
349
-
Debentures and notes
2,801
2,260
5,370
4,153
Other loans
1,204
1,443
1,651
2,198
10,184
9,534
15,429
15,052
The analysis of this item according to initial term
is as follows:
One year or less 3,165 2,710 4,916 5,755
Longer than one year 7,019 6,824 10,513 9,297
10,184 9^534 15^29 T5£52
Repayments due within one year amount to 4,286 4,310 6,524 7,390
The 5% Convertible debenture loan is repayable in five substantially equal
instalments, falling due on 1 September of the years 1991 to 1995. Accelerated
repayment is possible, starting in 1986. Until 31 August 1991, the debentures
are convertible into ordinary shares at a price of Fl. 500.
Included in Debentures and notes is a loan amounting to FRF 300 million
placed by our subsidiary, Banque de Neuflize, Schlumberger, Mallet, together
with option rights in the form of warrants for the purchase of ordinary ABN
shares at a price of Fl. 600. In this way the issued share capital may be extended
by maximum Fl. 24 million nominal value.
BALANCE SHEET
CONSOLIDATED
BALANCE SHEET
1985
1984
1985
1984
1987 1984 1985 1984
80
