Securities
Pro forma
June 30, 1998 June 30, 1997
Amounts x NLG 1,000
Bonds 23 652 22 924
Investments 75 359 -
99 011 22 924
The bonds concern fixed-interest securities quoted on the stock exchange.
The investments concern an investment portfolio held by a bank. The bank manages these investments at the risk
and expense of AFC Ajax NV, based on investment guidelines laid down previously. The key provision is that the
bank strives for as high a return as possible, but guarantees a minimum return of zero percent for a three-year
period. To this end, the bank invests in various investment products. As of balance sheet date, the majority of
investments is held in bonds. The investment portfolio is annually converted into a cash amount of NLG 25
million, beginning on May 14, 1999.
Cash
Pro forma
June 30, 1998 June 30, 1997
Amounts x NLG 1,000
Deposits 25 930 12 475
Cash at bank and in hand 6 039 25 652
31 969 38 127
Shareholders' equity
For a further break-down of shareholders' equity, reference is made to the notes to the company balance sheet.
Provisions
Pro forma
June 30, 1998 June 30, 1997
Amounts x NLG 1,000
Deferred tax liabilities
Deferred tax liabilities 5 776 2 802
5 776 2 802
Virtually all deferred tax liabilities must be considered as being of a long-term nature.
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