Segment reporting of funds and programs managed for the risk of the Dutch Government and for other public funding

Funds managed for the risk of the Dutch Government and other public funding

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 programs. 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 2.16% (2019: 2.17%). In section ‘Related parties’, the arrangements between the Dutch Government and FMO regarding these funds and programs is described in detail.

Furthermore, FMO provides guarantees and equity investments with resources obtained from other public organizations, such as the European Commission (EC). The mandate financing is conducted in line with conditions and objectives of these programs. 

Loans and equity managed for the risk of the Dutch Government and other public funding

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

 

2020 Gross exposure

2019 Gross exposure

Loans to private sector

524,576

538,855

Equity investments

423,591

446,836

Total

948,167

985,691

Loans managed for the risk of the Dutch Government and other public funding

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

 

2020 Gross exposure

2019 Gross exposure

MASSIF

209,358

204,279

Building Prospects

258,302

274,175

Access to Energy Fund

52,196

54,900

FOM OS

1,394

5,501

Land Use Facility

3,326

-

Total

524,576

538,855

Equity investments managed for the risk of the Dutch Government and other public funding

The equity investments have been made by the following funds.

 

2020 Gross exposure

2019 Gross exposure

MASSIF

243,359

250,167

Building Prospects

105,606

126,195

Access to Energy Fund

68,493

70,474

Land Use Facility

6,133

-

Total

423,591

446,836