Segment reporting of funds managed for the risk of the Dutch State

FMO and funds managed for the risk of the Dutch State

Apart from financing from its own resources, FMO provides loans, guarantees and equity investments from special government funds, within the conditions and objectives of these facilities. The funds consist of subsidies provided under the General Administrative Law Act and other official third parties. In case of MASSIF, FMO has an equity stake of 2.17% (2018: 2.17%). In section ‘Related parties’, the arrangements between the Dutch State and FMO regarding these funds and programs is described in detail.

Loans and equity managed for the risk of the Dutch State

These loans and equity investments are managed for the risk of the Dutch government.

 

2019 Gross exposure

2018 Gross exposure

Loans

538,855

490,081

Equity investments

446,836

399,988

Total

985,691

890,069

Loans managed for the risk of the Dutch State

The loan portfolio comprises the loans issued by the following funds.

 

2019 Gross exposure

2018 Gross exposure

MASSIF

204,279

199,879

Building Prospects

274,175

246,758

Access to Energy Fund

54,900

35,232

FOM OS

5,501

8,212

Total

538,855

490,081

Equity investments managed for the risk of the Dutch State

The equity investments have been made by the following funds.

 

2019 Gross exposure

2018 Gross exposure

MASSIF

250,167

254,423

Building Prospects

126,195

94,905

Access to Energy Fund

70,474

50,660

Total

446,836

399,988