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BAM reports net result of €46.2 million, expects 2014 to be a year of stabilisation

  • Dutch activities: lower results in a tough year, €25 million restructuring cost in Q4
  • Property: non-cash impairments of €30 million on mainly Dutch retail property
  • PPP: good result for the year
  • BAM International: another year of strong growth
  • Capital ratio 19.8% at end-2013 after equity placing
  • Significant de-risking of Dutch pensions achieved, one-off effect of €24.6 million
  • Dividend proposal of 5 euro-cents per share with scrip alternative; based on payout ratio of 30%

Click here for the full press release.

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