Balances with Inland and Foreign Bankers: Fl. 31.012.881,84.
This amount represents exclusively our balances with clearing banks and nostro-accounts.
A considerable part of this amount is outstanding abroad for account and at the risk of
third parties.
Claims for own account on countries with transfer-restrictions do not appear under
this heading of the Balance Sheet.
Stocks, Bonds and SyndicatesFl. 28.193.759,88.
This item comprises:
Stocks and Bonds quoted at the Amsterdam Stock Exchange Fl. 22.920.450,23
Stocks and Bonds not quoted at the Amsterdam Stock Exchange Fl. 4.511.734,12
Of the securities not listed on the Amsterdam Stock Exchange an amount of Fl. 1.170.448,95
is listed on foreign stock-exchanges and an amount of Fl. 2.974.604,17 consists of bonds
issued by Dutch municipalities.
The securities which are listed have been valued at the quotations of the last stock-
exchange day in 1938 or lower. The securities which are not listed have been estimated at a
value that may reasonably be attributed thereto.
The item comprises Syndicates: Fl. 761.575,53 representing the book-value at
31st December 1938 of the payments for our account, less amounts written off.
Short Loans against securities, on Stock Exchange terms and advances against
securities: Fl. 32.l7r7.928,74.
Loans against collateral of securities and advances given to commercial debtors, for so
far as these are covered by marketable securities, as well as amounts due to us on account
of securities sold but still to be delivered.
Sundry debtors and debit-balancesFl. 91.584.434,90.
Like in preceding financial years we adjusted the amount of "Sundry debtors and
debit-balances'" by deducting therefrom the amount of the General Debtors' Reserve.
This heading also comprises loans to public corporations against their notes of hand
with a term of more than 5 .years, aggregating Fl. 18.661.105,—.
O'f our advances an amount of about Fl. 44.000.000,is covered by collateral of
merchandise, guarantees, mortgages or in an other manner.
Our advances in various foreign currencies, converted at the rate quoted on 31 De
cember 1938, amount to Fl. 12.698.255,47. We are covered against risk of exchange-fluctuations.
Bank Premises: Fl. 4.000.000,
Debtors in respect of forward foreign exchange contracts: Fl. 91.880.370,74.
Creditors in respect of forward foreign exchange contracts Fl. 78.715.642,48.
Balance of foreign 'exchange sold on delivery: Fl. 13.008.226,88.
Balance of foreign exchange bought on delivery: Fl. 36.313,88.
Capital paid up: Fl. 55.010.000,
Reserve Fund: Fl. 48.000.000,
