Stocks, Bonds and SyndicatesFl. 8.903.605,88.
This item comprises:
Stocks and Bonds listed on the Amsterdam Stock Exchange Fl. 5.483.388,14
Stocks and Bonds not listed on the Amsterdam Stock Exchange. 2.211.234,50
Syndicates1.208.983,24
Fl. 8.903.605,88
Of the securities not listed on the Amsterdam Stock Exchange an amount of Fl. 92.082,—
is listed on foreign stock-exchanges and an amount of Fl. 1.242.737,50 consists of bonds issued
by Dutch municipalities.
The securities which are listed have been valued at the last quotations on stock-exchange
in the year 1940 or lower. The securities which are not listed have been estimated at a value
that may reasonably be attributed to same.
The amount involved in Syndicates represents the total of the payments made for our
own account for this purpose, less amounts written off, as appearing on our books at
31st December last.
Short Loans against securities on Stock Exchange terms and advances in current
account against securities: Fl. 26.498.838,84.
Loans against collateral of securities and advances given to commercial debtors, in 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. 61.923.655,40.
Like in preceding 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 authorities against their notes of hand
with an original term of more than five years, aggregating Fl. 15.934.565,—.
Of our advances an amount of about Fl. 29.000.000,— is covered by collateral of
merchandise, by guarantees, mortgages or otherwise.
Our advances in various foreign currencies, converted at the rates quoted on Decem
ber 31st 1940, amount to Fl. 787.881,11. We are covered against risk of exchange-fluctuations.
Investments in other Companies and Advances to same: Fl. 6.538.856,28.
Bank Premises: Fl. 4.000.000,
Debtors in respect of forward foreign exchange contracts: Fl. 5.164.333,75.
Creditors in respect of forward foreign exchange contracts: Fl. 1.717.184,—.
The items Debtors and Creditors in respect of forward foreign exchange transactions
mainly refer t6 contracts, which could not be settled owing to the outbreak of the war. To
what extent this part of our business has receded as a consequence of the war, may appear
from the fact that debtors and creditors in respect of forward foreign exchange transactions
amounted in round figures to Fl. 68.000.000,and Fl. 64.000.000,respectively, on
December 31st 1939.
Balance of foreign exchange sold on deliveryFl. 3.066.662,86.
