EXPLANATORY NOTES TO THE BALANCE SHEET AS AT SEPTEMBER 3 O, 1973
SUBSIDIARY COMPANIES
This item relates to the shares in and claims on subsidiary companies.
The valuation of the shares is based on the amounts at which the assets and liabilities are stated
in the consolidated Statement of Financial Condition; the claims amounting to N.fl. 362,632,000
are valued at par.
CASH
This item comprises bank, cash and clearing balances.
PROVISION FOR LATENT TAX LIABILITIES
On September 30, 1973, this item includes the latent tax liabilities of the subsidiary companies in
the Netherlands.
LONG-TERM DEBTS
This item relates to the 7% debenture loan which will be redeemed in 10 annual instalments,
commencing on October 1, 1974.
CURRENT LIABILITIES
This item includes, inter alia, taxes payable amounting to N.fl. 23,046,000 and debts to bankers
amounting to N.fl. 82,678,000.
THE SUPERVISORY COUNCIL
THE BOARD OF M AN A GIN G DI RE CTO R S
WITTERT VAN HOOGLAND
FENTENER VAN VLISSINGEN
WIJCKERHELD BISDOM
THYSSEN-BORNEMISZA
HINZELIN
JI S KOOT
PLANTENGA
DE VRIES ROBBÉ
VAN LYNDEN VAN SANDENBURG
COELINGH
VAN KARNEBEEK
VAN DOORNE
HEINEKEN
TON
VAN MARWIJK KOOY
VAN DER WERF
AMSTERDAM, FEBRUARY I974
44
