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Home annual report Consolidated financial statements
  • About this report
  • At a glance
    • Investing in inclusive business and sustainable prosperity
  • Report of the Management Board
    • Letter of the Management Board
    • A selection of our investments
    • External environment
    • EU Taxonomy
    • Our strategy
    • Climate action plan
    • Our value creation model
      • Operating context
      • Our business model
      • Value creation
      • Potential risks and opportunities
    • Our investment process
      • External developments affecting our investment process
      • Know Your Customer
      • Environmental, social and governance standards
      • How we apply ESG standards in our investment process
    • Performance against our strategy
      • Factors impacting our portfolio
      • Contributions towards the SDGs
      • Customer and market support
      • Organizational efficiency and business integrity
      • Financial performance
    • Lessons learned
    • 2023 outlook
      • Priorities in 2023
    • In control statement
  • Report of the Supervisory Board
    • Corporate governance
    • Proposals and recommendations to the annual general meeting
    • Members of the Supervisory Board
  • Corporate governance
    • Governance structure
    • Risk management framework
    • Aligned remuneration policies
    • Independent complaints mechanism
    • Corporate governance codes
    • FMO Investment Management BV
  • Annex
    • Stakeholder engagement and materiality assessment
      • Materiality assessment
      • Connectivity table
      • Stakeholder dialogue
    • External commitments
    • How we report
      • Legal entity
      • Reporting policy
      • Standards and reporting guidelines
      • Reporting governance
      • External assurance
      • Joint Impact Model
      • Reporting definitions
  • Consolidated financial statements
    • Consolidated statement of financial position
    • Consolidated statement of profit or loss
    • Consolidated statement of comprehensive income
    • Consolidated statement of changes in shareholders’ equity
    • Consolidated statement of cash flows
    • Accounting policies
      • Corporate information
      • Significant accounting policies
    • Notes to the consolidated financial statements
      • Notes to the statement of financial position: assets
      • Notes to the statement of financial position: liabilities
      • Notes to the consolidated income statement of profit or loss
      • Off-balance sheet information
      • Related party information
      • Subsequent events
      • Notes to the consolidated statement of comprehensive income
      • Notes to the consolidated statement of cash flows
    • Segment information
      • Segment reporting by operating segments
      • Information about geographical areas
      • Disaggregation of revenue
      • Segment reporting of funds managed for the risk of the Dutch Government and other public funding
    • Analysis of financial assets and liabilities by measurement basis
      • Fair value of financial assets and liabilities
    • Risk management
      • Capital Adequacy
      • Financial Risk
      • Business Risk
      • Non-Financial Risk
  • Company financial statements
    • Accounting policies
      • Activities
      • Significant accounting policies
    • Company statement of financial position
    • Company income statement
    • Notes to the company financial statements
      • Notes to the company financial statements
      • Subsequent events
  • Independent Auditor’s and Assurance Reports
  • Additional information
    • Provision in the Articles of Association concerning the appropriation of profit
    • Guarantee provision in the Agreement State-FMO of November 16, 1998
  • Indexes
    • GRI content index
    • GRI material topics
    • EU Directive reference table
    • Glossary
    • List of abbreviations

Corporate information

The 2022 financial statements of Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden N.V. (hereafter referred to as ‘FMO’ or ‘the company’) were prepared by the members of the Management Board and signed by all members of the Management

Read more ›Corporate information

Significant accounting policies

The consolidated financial statements (the ‘financial statements’) have been prepared in accordance with International Financial Reporting Standards (‘IFRS’) as endorsed by the European Union and with Part 9 of Book 2 of the Dutch Civil Code for the

Read more ›Significant accounting policies

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FMO

The Netherlands
info@fmo.nl
+31 70 314 96 96
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2593 HW, The Hague

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San Jose, Costa Rica