Fortis Funds (Nederland) N.V. - BNP Paribas Investment Partners
Fortis Funds (Nederland) N.V. - BNP Paribas Investment Partners
Fortis Funds (Nederland) N.V. - BNP Paribas Investment Partners
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
<strong>Fortis</strong> <strong>Funds</strong> (<strong>Nederland</strong>) N.V. Condensed Interim Report 2009<br />
30 June 2009 UNAUDITED<br />
Selected notes to the condensed interim financial<br />
statements<br />
1. Corporate information<br />
<strong>Fortis</strong> <strong>Funds</strong> (<strong>Nederland</strong>) N.V (the Company) is a public limited liability company (“naamloze<br />
vennootschap”) domiciled in The Netherlands and is a wholly-owned subsidiary of <strong>Fortis</strong> <strong>Investment</strong><br />
NL Holding N.V., which in turn is a wholly owned subsidiary of <strong>Fortis</strong> Bank S.A.. 1<br />
The Company was incorporated in The Netherlands on 30 December 1966. The organisation chart of<br />
the group to which the Company belongs is as follows:<br />
<strong>BNP</strong> <strong>Paribas</strong><br />
<strong>Fortis</strong> Bank S.A.<br />
<strong>Fortis</strong> <strong>Investment</strong> NL Holding N.V.<br />
<strong>Fortis</strong> <strong>Funds</strong> (<strong>Nederland</strong>) N.V.<br />
The Company acts, amongst others, as director for other companies and operates as management<br />
company for investment institutions and investment funds. <strong>Investment</strong> funds offered to Dutch private<br />
clients are registered with the Netherlands Authority for the Financial Markets (AFM). The Company<br />
is subject to supervision of the Netherlands Central Bank (DNB) and the AFM and holds a license<br />
under the Wft (Wet op het financieel toezicht).<br />
These financial statements of <strong>Fortis</strong> <strong>Funds</strong> (<strong>Nederland</strong>) N.V. have been authorised for issue by the<br />
Board of Directors on 28 August 2009.<br />
2. Summary of significant accounting policies<br />
The principal accounting policies applied in the preparation of these financial statements are set out<br />
below. These policies have been consistently applied to all the years presented, unless otherwise<br />
stated. The financial statements are presented in euro, which is also the functional currency of the<br />
group to which the Company belongs, rounded to the nearest thousand, unless otherwise stated.<br />
2.1 Basis of preparation<br />
The condensed interim financial statements for the six months ended 30 June 2009 have been<br />
prepared in accordance with IAS 34 “Interim Financial Reporting”. The condensed interim financial<br />
statements should be read in conjunction with the financial statements for the year as at 31<br />
December 2008 2 .<br />
1 Also see Report of the Board of Directors, Corporate developments<br />
2 Please see www.fortisinvestments.com<br />
9
Change language