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FMO Financierings-Maatschappij voor Ontwikkelingslanden Back to Home

2023 Partnership Development Facility

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  • 2020
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  • At a glance
  • Letter from the ExCo of the Fund Manager
  • Performance on our strategy
    • Highlights
    • Flying Swans Consortium
    • Projects finalized
  • Case studies
    • Develop Bankable Projects for Clean Water
    • Tidal Energy for development in Indonesia
    • Groundwork for expansion into Ethiopia
  • International principles
  • Annual accounts
    • Statement of financial position
    • Statement of comprehensive income
    • Statement of changes in fund capital
    • Statement of cash flows
    • Summary of accounting policies
    • Notes to the annual accounts
    • Risk management
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Groundwork for expansion into Ethiopia

With the co-financing of PDF, DSM aims to establish a partnership with a reputable local company in Ethiopia for the production of fortified nutritious food for children and mothers to combat malnutrition.

Read more ›Groundwork for expansion into Ethiopia

Summary of accounting policies

The annual accounts have been prepared in accordance with special purpose generally accepted accounting principles ("GAAP"). The accounts have been prepared under the historical cost convention.

Read more ›Summary of accounting policies

Statement of financial position

Read more ›Statement of financial position

Statement of comprehensive income (loss)

Read more ›Statement of comprehensive income (loss)

Statement of changes in fund capital

At December 31, 2019

Read more ›Statement of changes in fund capital

Statement of cash flows

Read more ›Statement of cash flows

Notes to the annual accounts

The cash on bank accounts can be freely disposed of.

Read more ›Notes to the annual accounts

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