New book rules provide less profit to Fortis Spent: 20 May 2005 10.23 previous year a nettowinst will have booked the new book keeping rule IFRS of 3 billion euro as a bank insurer had applied. That is less than the profit of 3.36 billion euro which Belgisch-Nederlandse presented the concern to beginning March on the basis of the old book keeping method. In the new profit figure Fortis have taken into account covering interest dangers. As this impact of this from the figures the nettowinst under IFRS 2.4 are obtained billion euro would amount to. This profit figure gives however matter to a less well picture of financial pace at Fortis, puts the bank insurer. (c) DUTCH PRESS AGENCY Source "new book rules provides less profit" to Fortis: nu.nl Head index page of "new book rules provides less profit" to Fortis

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New book rules provide less profit to Fortis Spent: 20 May 2005 10.23 previous year a nettowinst will have booked the new book keeping rule IFRS of 3 billion euro as a bank insurer had applied. That is less than the profit of 3.36 billion euro which Belgisch-Nederlandse presented the concern to beginning March on the basis of the old book keeping method. In the new profit figure Fortis have taken into account covering interest dangers. As this impact of this from the figures the nettowinst under IFRS 2.4 are obtained billion euro would amount to. This profit figure gives however matter to a less well picture of financial pace at Fortis, puts the bank insurer. (c) DUTCH PRESS AGENCY Source "new book rules provides less profit" to Fortis: nu.nl Head index page of "new book rules provides less profit" to Fortis