Deposits
-
Cash, bank, giro
Total
7- Securities
December 31, 1997
NLG '000
June 30, 1997
NLG '000
June 30, 1996 June 30, 1995
NLG 'ooo NLG '000
23,914 22,924 34.846 34.846
Securities consist of fixed interest bonds which are officially quoted on the AEX-Stock
Exchange.
During the three financial years ended June 30, 1997, the company had the intention and
ability to hold these bonds until maturity. As from July 1, 1997, the company changed its
intentions. Therefore, these securities have been valued at their market value as at
December 31, 1997.
8. Cash
December 31, 1997 June 30, 1997 June 30, 1996 June 30, 1995
NLG 'ooo NLG '000 NLG '000 NLG '000
15,900
12,475
17,806
9,050
25,652
42
2,210
24,950
38,127
17,848
2,210
9. Equity
The NV's capital is deemed to comprise the Association's equity.
December 31, 1997 June 30, 1997 June 30, 1996 June 30, 1995
NLG '000 NLG '000 NLG '000 NLG '000
Opening balances 118,948 106,059 77.645 63,101
Result current financial year 5,434 12,889 28,414 14,544
Closing balances
124,382 118,948 106,059
77,645
The reconciliation with the capital of the Association as at June 30, 1994 is:
NLG '000
- Annual accounts of the Association
- Transfer and signing on fees
- Deferred tax assets
35,481
11,702
15,918
63,101
10. Creditors
December 31, 1997 June 30, 1997 June 30, 1996 June 30, 1995
NLG '000 NLG '000 NLG '000 NLG '000
Creditors relating to
transfer and signing on fees
Other creditors
11,280 26,864 252
11,857 8,652 4,665
8
1,892
23,137 35,516 4,917
1,900
