Information about geographical areas
FMO operates in the following four geographical markets: Africa, Asia, Europe & Central Asia, Latin America & the Caribbean. The allocation of revenues to the markets is based upon the geographical classification of the financing projects.
The following table shows the distribution of FMO’s revenue based on the country risks arising from the geographical areas in which FMO invests. As FMO obtains its revenues from customers in developing countries, no revenues are derived from FMO’s country of domicile, the Netherlands.
December 31, 2019 | Africa | Asia | Latin America & Caribbean | Europe & Central Asia | Non-region specific | Total |
Income | 109,728 | 79,066 | 55,422 | 8,299 | 77,283 | 329,798 |
Share in the results of associates | 4,814 | 1,066 | -31 | 5,228 | - | 11,077 |
Total revenue | 114,542 | 80,132 | 55,391 | 13,527 | 77,283 | 340,875 |
December 31, 2018 | Africa | Asia | Latin America & Caribbean | Europe & Central Asia | Non-region specific | Total |
Income | 74,368 | 95,261 | 34,731 | 14,573 | 78,387 | 297,320 |
Share in the results of associates | 182 | -3,683 | - | 1,805 | - | -1,696 |
Total revenue | 74,550 | 91,578 | 34,731 | 16,378 | 78,387 | 295,624 |