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Material accounting policies

The consolidated financial statements (the ‘financial statements’) have been prepared in accordance with the IFRS accounting standards as issued by the International Accounting Standards Board (IASB) and as endorsed by the European Union and with Read more about Material accounting policies .

Material accounting policies

The financial statements are prepared in accordance with the financial reporting requirements as included in Part 9 of Book 2 of the Dutch Civil Code with the allowed application of the accounting policies (EU-IFRS) as set forth in the consolidated Read more about Material accounting policies .

Members of the Supervisory Board

Details of the members of the Supervisory Board per 31 December 2024, including other positions, are provided in the following table. Read more about Members of the Supervisory Board .

Non-financial risk

Operational risk is defined as the risk of loss resulting from inadequate or failed internal processes, people or systems, or from external events, including legal risks, excluding strategic risks. Read more about Non-financial risk .

Notes to the company statement of financial position

The company financial statements of FMO should be read in conjunction with the consolidated financial statements including the risk management information, segment information and the notes to the consolidated financial statements. Read more about Notes to the company statement of financial position .

Notes to the consolidated statement of cash flows

The balance as mentioned in the cash flow statement corresponds with the following items in the consolidated statement of financial position: Read more about Notes to the consolidated statement of cash flows .

Notes to the consolidated statement of financial position: liabilities and equity

The financial liabilities contained in this note relate to amounts payable to the Dutch government as a part of their participation in the program. Read more about Notes to the consolidated statement of financial position: liabilities and equity .

Notes to the consolidated statement of profit or loss

Included in the interest income on loans is €144.9m (2023: €30.7m) related to Stage 3 loans (adjusted on basis of net carrying amount). Read more about Notes to the consolidated statement of profit or loss .

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