At a glance
Since 1970 we have been a driving force behind investments empowering local entrepreneurs in emerging markets. We believe in a world in which, in 2050, more than 9 billion people live well and within the means of the planet’s resources.
Read more ›At a glance
Letter from the Management Board
The effects of the pandemic have continued to dominate the headlines in the first half of 2021. The world has entered a new phase of the pandemic with the rollout of the COVID-19 vaccines and new variants of the virus.
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Condensed consolidated balance sheet
Read more ›Condensed consolidated balance sheet
Condensed consolidated profit and loss account
Read more ›Condensed consolidated profit and loss account
Condensed consolidated statement of comprehensive income
Read more ›Condensed consolidated statement of comprehensive income
Condensed consolidated statement of changes in shareholders’ equity
Read more ›Condensed consolidated statement of changes in shareholders’ equity
Condensed consolidated statement of cash flows
The balance as mentioned in the cash flow statement corresponds with the following items in the consolidated balance sheet:
Read more ›Condensed consolidated statement of cash flows
1 Corporate information
FMO was incorporated in 1970 as a public limited company with 51% of shares held by the Dutch Government and 49% held by commercial banks, state unions and other members of the private sector.
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2 Basis of preparation and changes to accounting policies
The condensed consolidated interim accounts as at June 30, 2021 are prepared in accordance with International Financial Reporting Standards (IFRS) as adopted by the European Union (EU).
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3 Risk developments
For a detailed overview of FMO’s risk governance and risk management approach please refer to the section "Risk Management" in FMO’s consolidated annual accounts as of 31 December 2020.
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