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11 Results from equity investments

Refer to Note 4.4 for details of the movements in results from equity investments. Read more about 11 Results from equity investments .

13 Results from financial transactions

The movement for results from financial transactions can be mainly explained by changes in valuations for derivatives and FX results. Read more about 13 Results from financial transactions .

14 Remuneration for services rendered

Remuneration for managing funds and programs is assessed for market conformity. Related management expenses are included in operating expenses. Read more about 14 Remuneration for services rendered .

15 Tax

Current income tax receivables amount to €17.4 million (December 31, 2024: €13.3 million). Read more about 15 Tax .

16 Related parties

FMO considers the Dutch Government, subsidiaries, associates, the Management Board and the Supervisory Board as related parties. Read more about 16 Related parties .

17 Dividends

At December 2024, the Management Board and the Supervisory Board proposed distributing a sum of €10.6 million (2023: €2.1 million) as cash dividend to shareholders. Read more about 17 Dividends .

18 Events after the end of the reporting period

There have been no significant subsequent events between the balance sheet date and the date of approval of these accounts which would impact the condensed consolidated interim financial statements as per June 30, 2025. Read more about 18 Events after the end of the reporting period .

2 Basis of preparation and changes to accounting policies

These condensed consolidated interim financial statements as at June 30, 2025 have been prepared in accordance with IAS 34 of the IFRS Accounting Standards as issued by the International Accounting Standards Board (IASB), as adopted by the European Read more about 2 Basis of preparation and changes to accounting policies .

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