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 2.17% (2020: 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) and the United Kingdom government. 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

 

2021 Gross exposure

2020 Gross exposure

Loans to private sector

531,482

524,576

Equity investments

516,898

423,591

Total

1,048,380

948,167

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

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

 

2021 Gross exposure

2020 Gross exposure

MASSIF

196,819

209,358

Building Prospects

262,070

258,302

Access to Energy Fund

64,711

52,196

FOM OS

36

1,394

Land Use Facility

7,846

3,326

Total

531,482

524,576

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

The equity investments have been made by the following funds.

 

2021 Gross exposure

2020 Gross exposure

MASSIF

283,740

243,359

Building Prospects

140,935

105,606

Access to Energy Fund

85,632

68,493

Land Use Facility

6,591

6,133

Total

516,898

423,591