Notes to the company balance sheet
General
The principles of valuation of assets and liabilities and of determination of result are the same as those referred to in
the notes to the consolidated financial statements.
Financial fixed assets
The movements in the net asset value of the investments are as follows:
January 1, 1998/
June 30, 1998
Pro forma
1997/1998
Amounts x NLG 1,000
Pro forma
1996/1997
Investments in group companies
Opening balance
Capital contribution
Result
(2 522)
868
(171)
(1 483)
40
(211)
Closing balance
(1 654)
(1 654)
(171)
Shareholders' equity
January 1, 1998/ Pro forma Pro forma
June 30, 1998 1997/1998 1996/1997
Amounts x NLG 1,000
Paid-up and called-up capital
Opening balance
Cash contribution upon incorporation of NV 100 100
Conversion into capital by contribution of
business of Vereniging Amsterdamsche
Footballclub 'Ajax', Amsterdam 13 283 13 283
Share issue 4 950 4 950
Closing balance 18 333 18 333
The authorised capital is divided as follows (amounts x NLG 1
- 45,000,000 ordinary shares at NLG 1 nominal each 45 000 000
- 14,999,999 preference shares at NLG 1 nominal each 14 999 999
- 1 golden share at NLG 1 nominal 1
60 000 000
The issued and paid-up share capital can be broken down as follows
(amounts x NLG 1):
- 18,333,332 ordinary shares at NLG 1 nominal 18 333 332
- 1 golden share at NLG 1 nominal 1
18 333 333
In 1998, the management board and staff were granted 204,800 option rights on AFC Ajax NV shares at
NLG 1 nominal each. These option rights were granted unconditionally over a five-year term. The price at
which the options can be exercised is NLG 25. No option rights were exercised in the reporting period.
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