Skip to website navigation Skip to article navigation Skip to content

A page refresh occures when a subject is selected.

Skip article navigation.

9. Management expenses

The management expenses comprise:

 

2022

2021

Salaries

16

16

Social security charges

2

2

Pension charges

3

2

Depreciation expenses

4

4

Other operating expenses

18

17

Gross property management costs

43

41

   

Presented within net rental income

(16)

(16)

   

Total

27

25

Management expenses amounted to €27 million in 2022, €2 million higher than in 2021. This is mainly due to higher personnel costs, higher IT costs and lower recharged rental expenses in 2022. The gross property management costs and the allocated expenses include the IFRS 16 related costs of €1.2 million.

In the year under review, the company employed an average of 237 people (2021: 236), which amounts to an average of 218 FTEs (2021: 219). All employees are employed in the Netherlands.